Business

Biden administration resumes oil leases on federal lands

WASHINGTON — The Biden administration on Friday announced lease sales for oil and gas drilling on federal lands, but said it would significantly reduce the acreage available for leases and charge higher oil and gas royalties. products.

The Home Office said it would make around 144,000 acres available for oil and gas drilling through a series of lease sales, an 80% reduction from the land footprint that had been assessed for the location.


Wj

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button