The Advocate | Oil lease sale western Gulf's lowest ever in bids, money U.S. News & World Report NEW ORLEANS (AP) — The smallest oil lease sale ever in the western Gulf of Mexico and one of the smallest in the entire Gulf brought only five bidders Wednesday, with low oil prices limiting interest in the prospects. Most seats in a Superdome meeting ... Western Gulf's smallest oil lease sale draws $22.7M Federal Gulf of Mexico lease sales slump as oil prices sink |