Marketplace®

Daily business news and economic stories

Oil companies bid for leases in Gulf of Mexico

BP was the high bidder in 11 of them.

A somewhat curious follow-up in the oil spill off the Gulf of Mexico last year and Thomas Thwaites’ quest for a bucket of crude oil from BP.

The Interior Department held a big auction of oil leases in the Gulf of Mexico today — first in a good, long while. BP was the high bidder in 11 of them. $27 million, the balance due on that one.

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    17 hours ago
    25:19
  • Make Me Smart
    18 hours ago
    26:18
  • Marketplace Morning Report
    a day ago
    6:43
  • Marketplace Tech
    a day ago
    9:09
  • Million Bazillion
    4 days ago
    29:09
  • This Is Uncomfortable
    3 months ago
    35:26