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The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.
President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska. The Democratic administration is trying to navigate between energy companies that have pressed for greater oil and gas production and environmental activists who have urged Biden to shut down new offshore drilling in the fight against climate change. The three lease sales proposed Friday are the minimum number the administration could legally offer if it wants to continue expanding offshore wind development. A 2022 climate law dictates th...
The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.
Updated Price for Natural Gas (NYMEX: NGF23). Charting, Price Performance, News & Related Contracts.
The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.