Shippingtelegraph: US Coast Guard urges mariner caution as Hurricane Erin to remain offshore

by Shipping Telegraph

The US Department of the Interior (DOI) has unveiled a long-term schedule for offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet, as directed by the One Big Beautiful Bill Act.

The first sale under the new law – Gulf of America lease sale titled “Big Beautiful Gulf 1” – is set for December 10, 2025.

The schedule runs through 2040, with Gulf of America lease sales planned every March and August until 2039, followed by a single March sale in 2040.

Furthermore, six offshore lease sales are planned for Alaska’s Cook Inlet through 2032, with the first in March 2026.

By committing to a predictable sale schedule, the DOI says that it is delivering on President Trump’s promise to expand American energy production and strengthen U.S. energy independence.

“The One Big Beautiful Bill Act is a landmark step toward unleashing America’s energy potential,” said interior secretary Doug Burgum. “Under President Trump’s leadership, we’re putting in place a bold, long-term program that strengthens American Energy Dominance, creates good-paying jobs and ensures we continue to responsibly develop our offshore resources.”

The plan sets at least 30 lease sales in the Gulf of America, accounting for roughly 14-15% of U.S. crude oil production.

The Bureau of Ocean Energy Management will publish the final notice at least 30 days prior to the sale.