
Biden Halts New Federal Oil and Gas Leases
On Wednesday, President Joe Biden signed a long-expected executive order to set up a climate task force and direct federal agencies to take action to counter climate change. Controversially, the order halts all new oil and gas leases in federal waters and moves to raise federal oil and gas royalty fees. "The Secretary of the Interior shall pause new oil and natural gas leases on public lands or in offshore waters pending completion of a comprehensive review and reconsideration of...
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