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Public land is no longer on sale to oil and gas companies


President Biden’s leasing pause signals a major shift in federal land policy.
Image credit: Paul Ratje/AFP via Getty Images
Analysis
Jan. 29, 2021
From the
print edition
On Jan. 27, President Joseph Biden planted a continent-sized “not for sale” sign on the public lands and waters managed by the federal government. In an executive order part of a sweeping set of orders focused on climate change Biden directed Interior Secretary nominee Deb Haaland to reassess the federal oil and gas leasing system and, at least for now, to pause the sale of development rights to private companies. 
The move upends the bipartisan status quo of selling vast stretches of the Western U.S. to fossil fuel companies. Currently, those companies hold leases to more than 26 million acres, more than half of which have yet to be drilled. (About 10% of that untapped land was either auctioned off at the minimum bid price of $2 per acre or ....

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