Oil and gas manufacturers have long relied on a process known as “flaring” to limit the venting of natural gas from their refineries. Specifically, flaring is the process of burning.
The Biden administration moved closer Thursday to a final decision on offshore oil and gas drilling which could lead to a scenario without any lease sales on federal waters through 2028.
Oil industry leaders on an Oct. 6 call urge the Biden administration to quickly approve all 11 potential offshore lease sales in the 2023-2028 proposed plan for the Outer Continental Shelf.
The American Petroleum Institute (API) submitted comments urging the U.S. Department of the Interior (DOI) to open offshore acreage to safe and environmentally responsible American energy development.