Biden: “No Ability For The Oil industry To Continue To Drill, Period, Ends”
Biden Makes Sweeping Changes to Oil and Gas Policy …
President Joe Biden has followed through on a campaign pledge by introducing a moratorium on new oil and gas leasing on federal lands and waters. With nearly 25 percent of U.S. oil and gas production coming from federal lands, the policy shift may have significant implications for future investment and production. The backlash from oil and gas producing states will be fierce