Feds reject 10 of 163 high bids in oil lease sale as too low – WBRC FOX6 News – Birmingham, AL – WBRC FOX6 News – WBRC.com

Feds reject 10 of 163 high bids in oil lease sale as too low – WBRC FOX6 News – Birmingham, AL
WBRC FOX6 News – WBRC.com
NEW ORLEANS (AP) – The federal government says it has rejected 10 high bids from the most recent Gulf of Mexico oil lease sale as too low, while accepting 153 other high bids submitted in March. The Bureau of Ocean Energy management said in a news …

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