The Canadian PressMay 7, 2013 19:25
SAN FRANCISCO - Federal land managers are postponing all oil and gas lease auctions in California until October, citing budget problems and low staffing, and the toll of environmental litigation.
The U.S. Bureau of Land Management announced Tuesday it would put off an auction planned for later this month to sell leases to drill almost 1,300 acres of prime public lands near the Monterey Shale, home to one of the largest deposits of shale oil in the nation.
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