MMS TO SLOW PACE, CUT SIZE OF LEASE SALES

The U.S. Minerals Management Service plans to take a very different approach to future offshore lease sales. It will schedule fewer sales, offer less acreage, and pay more attention to environmental concerns. Barry Williamson, MMS director, said those changes will be reflected in the next 5 year offshore leasing plan. A first draft of that plan was to have been released this month, but it is being postponed until President Bush decides on the fate of three sales and the Department of Energy

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