Companies bid $192 million in 1st Gulf oil sale under Biden

A man wears a face mark as he fishes near docked oil drilling platforms, Friday, May 8, 2020, in Port Aransas, Texas. The U.S. Interior Department on Wednesday, Nov. 17, 2021, is auctioning vast oil reserves in the Gulf of Mexico estimated to hold up to 1.1 billion barrels of crude. It's the first such sale under President Joe Biden and underscores the challenges he faces to reach climate goals that rely on cuts in fossil fuel emissions. (Eric Gay/AP, File)

A man wears a face mark as he fishes near docked oil drilling platforms, Friday, May 8, 2020, in Port Aransas, Texas. The U.S. Interior Department on Wednesday, Nov. 17, 2021, is auctioning vast oil reserves in the Gulf of Mexico estimated to hold up to 1.1 billion barrels of crude. It's the first such sale under President Joe Biden and underscores the challenges he faces to reach climate goals that rely on cuts in fossil fuel emissions. (Eric Gay/AP, File)

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