Babaamaajimowinan (Telling of news in different places)

Why is Biden halting federal oil and gas sales?

BILLINGS, Mont. — President Joe Biden shut down oil and gas lease sales from the nation's vast public lands and waters in his first days in office, citing worries about climate change. Now his administration has to figure out what do with the multi-billion dollar program without crushing a significant sector of the U.S. economy — and while fending off sharp criticism from congressional Republicans and the oil industry.

The leasing ban is only temporary, although officials have declined to say how long it will last. And it's unclear how much legal authority the government has to stop drilling on about 23 million acres previously leased to energy companies.

Here are some questions hanging over Biden's Interior Department as it launches a months-long review of the government's petroleum sales with a virtual forum Thursday.

https://indiancountrytoday.com/news/why-is-biden-halting-federal-oil-and-gas-sales

 

Reader Comments(0)

 
 
Rendered 04/08/2024 02:47