Post by
NPCexe on Jan 26, 2021 9:47pm
Ban on NEW oil and gas leasing (won't see for years)
But the energy market tomorrow might take another dump. President Joe Biden will reportedly ban all new oil and gas drilling permits on federal land, as his volley of orders aimed at slowing climate change continues. But his efforts have already caused uproar even among his own voters. The new president will sign an order and announce a moratorium on new oil and gas leasing on federal land and water on Wednesday, according to an AP report published on Tuesday. Though the Biden administration has not confirmed or denied the report, the order is likely to go ahead, given that Biden explicitly promised to sign it on the campaign trail, and after his acting Interior Secretary, Scott de la Vega, signed a temporary order to the same effect last week
Comment by
stickbot on Jan 26, 2021 11:05pm
A post that's actually useful and on topic... but more up votes on the posts from the clown crew.