US to Hold More Than 30 Offshore Oil and Gas Auctions Through 2040

The United States has unveiled a sweeping plan to hold more than 30 offshore oil and gas lease sales over the next 15 years, covering both the Gulf of Mexico and Alaska’s Cook Inlet. This long-term schedule represents a major shift in the nation’s energy direction and a strong signal of its commitment to expanding domestic fossil fuel production.

The move fulfills the objectives of the recently passed One Big Beautiful Bill Act, central to the administration’s broader energy dominance agenda. Proponents argue that the plan is designed to ensure energy security, stimulate economic growth, and respond to global demand. By tapping into offshore reserves, the U.S. hopes to reduce reliance on foreign sources, create thousands of jobs, and provide a reliable energy supply for both domestic and international markets.

The numbers are significant. The Gulf of Mexico — now renamed the Gulf of America — will see 30 lease sales through 2040, with two auctions held annually until 2039 and one final auction in 2040. Alaska’s Cook Inlet will host six lease sales through 2032, beginning in 2026. The scale of this schedule spans multiple future administrations, reflecting the ambition of establishing a long-term framework for offshore resource development.

However, the plan has also sparked sharp debate. Environmental advocates warn that doubling down on fossil fuel production risks undermining progress on climate change. Concerns focus on three main fronts: the increase in greenhouse gas emissions, the vulnerability of marine ecosystems to oil spills, and the contradiction such measures pose against climate goals embraced by the U.S. and the global community.

This announcement underscores a familiar dilemma. On one hand, energy independence and economic opportunity remain powerful drivers of policy. On the other, the environmental costs and climate risks of continued fossil fuel reliance cast a long shadow. As the U.S. sets course for decades of offshore drilling, the fundamental question remains: how can nations balance short-term energy security with the urgent need for long-term climate resilience?

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