U.S. to hold first Gulf lease sale since Deepwater Horizon spill - CNN

11 people working on the rig died in the explosion, while 16 others were injured (CNN) -- The U.S. government said on Friday it would hold its first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill last year.

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The proposed sale, scheduled for mid-December in New Orleans, will include more than 20 million acres in the western Gulf, according a statement from the Department of the Interior.

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The proposed sale, scheduled for mid-December in New Orleans, will include more than 20 million acres in the western Gulf, according a statement from the Department of the Interior. "This sale is an important step toward a secure energy future that includes safe, environmentally sound development of our domestic energy resources," said Interior Secretary Ken Salazar.

U.S. to hold first Gulf lease sale since Deepwater Horizon spill - CNN