Biden Administration Looks To Halt Offshore Drilling In Atlantic, Pacific Amid Energy Crisis
'From Day One, President Biden and I have made clear our commitment to transition to a clean energy economy'
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'From Day One, President Biden and I have made clear our commitment to transition to a clean energy economy'
The proposal, aimed in part to win over Sen. Joe Manchin, D-W.Va., falls short of President Biden’s campaign pledge to end fossil fuel leasing for good.
The Biden administration mysteriously delayed a key oil and gas leasing announcement Thursday despite promising to issue the legally-mandated decision.
As petrol prices in the US hit records nearly every day with the summer driving season approaching, the US Administration is looking at ways to alleviate pressure on households as all-time high petrol prices eat into real incomes while record-high diesel prices further stoke an already high inflation level, the highest in more than 40 years.
During testimony before the U.S Senate Committee on Energy and Natural Resources, Secretary of the Interior Deb Haaland confirmed that, despite delays in implementation from the previous Administration, the Interior Department will release the Proposed Program - the next step in the five-year offshore energy planning process - by June 30, 2022, which is the expiration of the current program.