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US Gulf of Mexico oil and gas lease sale attracts $82.7 million in high bids | Reuters

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Trump administration's third Gulf of Mexico oil lease sale generates $82.7 million

The latest offshore oil and gas lease auction in the Gulf of Mexico attracted $82.7 million in high bids, more than the March sale but significantly less than December's auction. The sale was the third held under the Trump administration's One Big Beautiful Bill Act.

Aug 12, 2026·3 sourcesEnvironmental regulationOil marketTrump administrationU.S. energy policyEnergy security & geopolitics
Trump administration's third Gulf of Mexico oil lease sale generates $82.7 million
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Theepochtimes

Over $82 Million Generated in 3rd Gulf of America Oil and Gas Lease Sale

Washingtonexaminer

Third Trump Gulf of America offshore oil and gas lease auction draws weak bidding