Biden admin cancels massive oil and gas lease sale amid record-high gas prices

Interior Department canceled a 1-million-plus acre oil lease in Alaska as Americans face painfully high prices at the pump

Within his first week in office, President Biden signed an executive order temporarily suspending new oil and gas leases on federal lands.:decision “not to move forward” with the Cook Inlet lease sale, CBS News reported. The spokesperson also said the department canceled the Gulf of Mexico leases – lease 259 and lease 261

Biden administration cancels massive oil and gas lease sale amid record-high prices
https://www.foxbusiness.com/politics/biden-admin-cancels-oil-gas-lease-sale-record-high-prices

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s