Tag: oil lease

Wyoming Sues Biden Administration, Alleges Suspensions of Oil Lease Sales Illegal

December 4, 2022
Business & MarketsDemocratseconomyenergyEnvironmentExecutive Branchoil leasePolicies & ImpactsPoliticsScienceUSUS NewsWyoming
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The State of Wyoming filed a second lawsuit against the Biden Administration, alleging that its suspension of oil lease sales were illegal. Gov. Mark Gordon (R-Wyom.) announced that his state filed the lawsuit against the Interior Department for the Bureau of Land Management’s (BLM) decision to halt oil and gas lease sales in the state….

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US to Auction Almost 1 Million Acres Off Alaskan Coast for Oil Drilling

November 29, 2022
Alaskabiden administrationBusiness & Marketsdrillingeconomic policieseconomyenergyExecutive BranchInflation Reduction ActInvestmentLocal NewsMarketsoil leasePolicies & ImpactsPoliticsRegional-Local NewsUS
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Almost one million acres off the coast of Alaska will be auctioned off by the Biden administration next month for oil and gas drilling. This is to comply with a mandate in the Inflation Reduction Act (IRA) that was part of a compromise imposed by Sen. Joe Manchin (D-W.V.) on the White House to gain…

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Biden Administration Settles With Eco Groups, Blocks Oil Drilling Leases on Almost 60,000 Acres

September 8, 2022
Business & Marketsclimate change politicsdrilling permiteconomyenergyExecutive BranchMarketsoil and gas lease banoil drillingoil leasePoliticsUSUS News
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President Joe Biden’s government has entered into a legal settlement with pro-environment groups, agreeing to block drilling for oil and gas on more than 58,000 acres of public land. The lawsuit, filed in 2021, challenged the Trump administration’s decision to award 113 leases for fossil fuel exploration and drilling in 2019 and 2020. The case…

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Federal Leases for Oil Drilling Fall Dramatically Under Biden

September 6, 2022
Biden administraitonBusiness & Marketseconomic policieseconomyenergyExecutive BranchInvestmentMarketsoil drillingoil leasePoliticsUS
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The Biden administration has issued the lowest amount of federal leases to drill for oil and gas than any other administration since the end of World War Two, according to an article in the The Wall Street Journal, on Sept. 4. The drop in permits to drill offshore or on federal lands has been noticeable,…

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Judge Rules in Favor of Biden on Wyoming Oil Lease Pause

September 4, 2022
Business & Marketsclimate change agendaeconomyenergyExecutive BranchJudiciaryoil and gas lease banoil leasePoliticsUSUS NewsWyoming
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A federal judge sided with the Biden administration in a lawsuit related to the government halting oil and gas leases in the state of Wyoming. On Jan. 27, 2021, President Joe Biden issued an executive order instructing the Department of the Interior (DOI) to temporarily pause all new oil and gas leases on federal lands…

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