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Week in Review, Jan. 25-29: Oil and Gas Anxiety, TurboSquid Sale and More
01/29/2021
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NEW ORLEANS – Here, from staff and wire reports, are the city’s biggest business stories of the week:
Oil and Gas Industry Bristles Over Restrictions
President Joe Biden on Wednesday signed an executive order
halting new leases for oil and natural gas development on federal land, a move criticized by the industry and some state governors. “We’re going to review and reset the oil and gas leasing program,” Biden said Wednesday at the White House. Biden said his administration is going to “properly manage lands and waterways in ways that allow us to protect, preserve them and the full value that they provide for us for future generations,” adding that his administration won’t ban fracking. … Oil and gas companies are