WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel production .
The sale came after President Donald Trump's administration recently announced plans to allow new drilling off Florida and California for the first time in decades. That's drawn pushback, including from Republicans worried about impacts to tourism.
Wednesday's sale was mandated by the sweeping tax-and-spending bill approved by Republicans over the summer. Under that legislation, companies will pay a 12.5% royalty on oil produced from the leases. That’s the lowest royalty level for deep-water drilling since 2007.
Thirty companies — including industry giants BP,

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