Thanks to the development of America’s abundant shale resources, energy supply shocks seemed to be a thing of the past. But with winter approaching, the Biden administration’s refusal to allow timely lease sales for production on federal lands is set to contribute to the highest energy prices in years. Now that summer has come
Under the executive order signed by President Joe Biden in January, a planned lease sale of approximately 78.2 million acres in the Gulf of Mexico has been postponed – a move that will have significant negative impacts on the economies and employment of states in the Gulf Coast region and puts environmental efforts across the
George StarkDirector, External AffairsCabot Oil & Gas … .. [Editor’s Note: The proposed Federal leasing ban would be completely counterproductive both environmentally and economically.] In September 2020, the American Petroleum Institute (API) introduce a report addressing the impact of a ban on federal leasing in the United States. Their analysis explains the burdens that a leasing and development ban