The Biden administration announced it has reformed the federal oil and gas leasing program, significantly reducing the amount of land available for drillers.
Source: Daily Caller The Biden administration said that it would reduce the amount of land it would sell oil and gas leases on by 80% and increase royalty rates for drillers in a late Good Friday announcement. “While we’re glad to see [the Bureau of Land Management] is finally going to announce a sale, the| USSA News