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Coming off climate talks, US to hold huge crude sale in Gulf

Thursday 18 Nov 21 11:00am

 

THE U.S. Interior Department on Wednesday will auction vast oil and gas reserves in the Gulf of Mexico estimated to hold up to 1.1 billion barrels of crude, the first such sale under President Joe Biden and a harbinger of the challenges he faces to reach climate goals that depend on deep cuts in fossil fuel emissions.

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