On Joe Biden’s first day occupying the White House, he signed an Executive Order (EO) suspending new oil and gas leasing on all federal while the Interior Department reviews existing leases and permitting practices for 60 days (see How Biden’s Drilling Ban on Federal Lands Affects the M-U). A few weeks later he extended the timeframe for the so-called moratorium, turning it into an ongoing ban (see Biden Continues Attack on O&G with New EO – Industry Fights Back). A federal judge in Louisiana yesterday put a stop to Biden’s “moratorium,” telling the administration to restart federal leases forthwith. You may think this issue only affects those big tracts of federal land in the Western U.S., but you would be wrong.
On Joe Biden’s first day occupying the White House, he signed an Executive Order (EO) suspending new oil and gas leasing on all federal while the Interior Department reviews existing leases and permitting practices for 60 days (see 