Click to Login or Sign Up

Baptist Message

"Helping Louisiana Baptists Impact the World For Christ"

Turning point (Cartoon: Fletch) Thorough job (Cartoon: Joe McKeever) Shark talk (Cartoon: Preacher’s Kids)
  • John 3:16
  • About
  • Advertise
  • Archive
  • Cartoons
    • Joe McKeever
    • Beyond the Ark
    • Church of the Covered Dish
    • Fletch
    • Preacher’s Kids
  • Contact
  • Louisiana
  • U.S. & Intl
  • Facts & Finds
  • Culture & Society
  • Editorial

The largest oil and gas lease sale in U.S. history is scheduled to be livestreamed from New Orleans in March.

Kennedy announces record-shattering oil and gas lease sale

October 24, 2017

WASHINGTON, D.C. – Sen. John Kennedy (R-La.) announced October 24 that the largest oil and gas lease sale in U.S. history is scheduled to be livestreamed from New Orleans in March.  Proposed Lease Sale 250 encompasses 76,967,935 acres of waters, including blocks off Louisiana, Texas, Mississippi, Alabama and Florida.

Louisiana Senator John Kennedy

“This is great news. This is exactly the type of job-creating activity that the oil and gas industry needs,” said Sen. Kennedy.  “This lease sale is an economic bonanza for Louisiana and makes us less dependent on foreign oil.  The last lease sale generated $121 million in high bids.  That translates into countless jobs, especially for Acadiana.  Our oil and gas families want to work.  They just need the jobs.”

“In today’s low-price energy environment, providing the offshore industry access to the maximum amount of opportunities possible is part of our strategy to spur local and regional economic dynamism and job creation and a pillar of President Trump’s plan to make the United States energy dominant,” U.S. Secretary of the Interior Ryan Zinke said. “And the economic terms proposed for this sale include a range of incentives to encourage diligent development and ensure a fair return to taxpayers.”

President Trump and his administration are following through on their promise to end the war on American energy,” said Senator Bill Cassidy (R-La). “Investing in energy creates better jobs with better benefits for working families, strengthens our national security and strengthens our energy independence.”

Comments

Editorial

Am ambassador for Christ

A spiritual revival often begins with a sense of dissatisfaction, a realization that something is missing in your life. Have you experienced that? … Read More

Search

  • Trending
  • Recent
  • Must Read

Recent

Virginia court blocks ‘conversion therapy’ ban in blow to transgender industry

DOJ sues California for allowing ‘transgender’ men to compete against women

Amazon suffers huge Prime Day sales plunge 41 percent

Must Read

President Trump: ‘We love you, God, and we love our great military. Protect them.’

Foundation Executive Director
Jeffrey Steed to retire

Speaker Johnson to Calvary students:

Live to make an ‘impact’

Copyright © 2025 · News Pro Theme 2.1 On Genesis Framework · WordPress · Log in