Trump administration aims to auction offshore oil leases along U.S. coastlines that have been off-limits for decades [View all]
Source: CBS News
October 24, 2025 / 9:20 PM EDT / CBS News
The Trump administration is proposing to auction offshore oil drilling leases across new portions of the U.S. coast as soon as 2026, according to internal Department of Interior draft documents viewed by CBS News. New leases would include waters off New England, the Carolinas and California.
Offshore oil leases are common along the Gulf Coast of Texas and Louisiana, as well as parts of Alaska, but there are currently no active oil leases on the Atlantic coast, and California has not had a new oil lease since 1984.
This comes as the Department of Interior formally announced plans this week to reopen 1.56 million aces in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing, reversing a Biden administration decision to limit oil drilling in the Arctic.
That decision drew a strong rebuke from Democrats, including Sen. Edward J. Markey of Massachusetts, who accused the administration of rewarding the fossil fuel industry for its support of the president. "This decision is not about energy dominance—it's about donor dominance," Markey said in a statement. "The Trump administration must immediately reverse its shortsighted decision. The Arctic Refuge is not for sale."
Read more: https://www.cbsnews.com/news/trump-offshore-oil-leases-us-coastlines/
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