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Biden To Freeze New Oil And Gas Leasing On Federal Land

Posted on: February 18, 2021
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Biden drafted an order to impose a moratorium on new oil and gas auctions on federal land and water as his administration reviews the current program.

This pause would not impact existing leases, but appears to be a step toward Biden’s campaign promises to “transition away from the oil industry” and ban new  leases. 

 

This content was originally published here.

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