|
Listen to article
|
The United States Secretary of the Interior, Doug Burgum, has announced the first oil leases in the newly renamed Gulf of America.
Burgum made the disclosure in a statement on Friday during an interview with Fox News.
According to him, the move forms part of the strategy to advance the United States’ energy vision under President Donald Trump’s administration.
Read Also: President Trump Fires NSA Director, Timothy Haugh
He added that the lease permits a private sector company to commence operations, with royalties accruing to the federal government—funds which, he stated, would be directed towards reducing national debt.
“Fifteen per cent of U.S. oil production comes from the Gulf of America. The Biden administration was effectively trying to drive that towards zero by shutting down leasing,” Burgum said.
Recall that the Trump administration officially changed the name Gulf of Mexico to Gulf of America on 25 January 2025.
The name, Gulf of America, subsequently took effect on Google Maps on 11 February 2025.
The United States, US, Senate Democratic Leader, Chuck Schumer, has tackled President Donald Trump over his tariff program.
Schumer said Trump’s decision to roll out some tariffs was the dumbest decision he ever made as president.
Posting on X, the senator from New York wondered why Trump failed to impose tariffs on Russia.
According to Schumer: “Donald Trump slapped tariffs on penguins and not on Putin.
“Trump’s tariffs are one of the dumbest decisions he has ever made as president—and that’s saying something.
“Trump is using tariffs in the dumbest way imaginable.
“That’s what happens when you have no clue what you’re doing.
“You fire air traffic controllers, dismantle disease outbreak monitoring, sabotage Social Security and the VA, defund public schools, & declare trade wars on penguins.”
