RedState
by Steve Maley
February 10, 2013

This week the Department of the Interior grandly announced plans for its March oil and gas lease sale in the Central Gulf of Mexico, off Louisiana, Mississippi and Alabama. The announcement might have been more fitting for Groundhog Day.

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Lease sales just like this one have occurred nearly every single year since the current area-wide leasing scheme was put in place by President Reagan’s Interior Secretary, James Watt, in 1982. (I say “nearly” because the Obama Administration cancelled regularly-scheduled offshore lease sales in a regulatory overreaction to the BP oil spill in 2010.)

That means that virtually every single acre of the 38.6 million offered has been available before. Some of them have been available every year for 30 years and have never received a bid.

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(excerpted)
http://www.redstate.com/2013/02/10/obama...all-over-again/