US court decision invalidating offshore acreage auction draws fire

Industry says vacating Lease Sale 257 results will leave US more vulnerable to price spikes

Catch: A man fishes near docked drilling platforms in the Gulf of Mexico off the coast of Texas
Catch: A man fishes near docked drilling platforms in the Gulf of Mexico off the coast of TexasPhoto: AP/SCANPIX
Published 28 January 2022, 18:00Updated 2 February 2022, 17:00