The Biden administration held its first onshore oil and gas lease sale of the year in May, nearly a year after the last auction and eight months after provisions within the Inflation Reduction Act mandated that sales continue.
As consumers continue to face high gasoline and utility bills, the Biden administration refuses to use the most readily available resource in the country – the federal lands leasing process – to help bring down prices.
natural gas now
Tom ShepstoneShepstone Management Company, Inc.
Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.
The U.S. Interior Department is soon expected to release its review of the federal oil and natural gas leasing program that was prompted by President Biden’s Executive Order 14008 which banned new leasing while the review was conducted.