Biden Halts Oil and Gas Leases Even as Ukraine Crisis Escalates

Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • After Legal Setback, Biden Halts Oil and Gas Leases Even as Oil Nears $100 A Barrel
  • The administration said in a legal filing that a Feb. 11 ruling by a Louisiana federal judge will affect dozens of rules by at least four federal agencies
  • The immediate effects is an indefinite delay in planned oil and gas lease sales on public lands in a half-dozen states in the West.
  • The ruling also will delay plans to restrict methane waste emissions from natural gas drilling on public lands and a court-ordered plan to develop energy conservation standards for manufactured housing, the administration said. The ruling also will delay a $2.3 billion federal grant program for transit projects, officials said.

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