Big Oil, Big Business Slam Biden's Pause on New Oil & Gas Leases on Federal Lands and Waters

SUGAR LAND, TEXAS--January 28, 2021--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Big Oil and Big Business sharply criticized President Joe Biden's executive order, released Wednesday, for a moratorium of indeterminate length on entering into new oil and gas drilling leases for public lands and waters. The executive order, which has been selectively leaked to news organizations for several days, was released amid a flurry of other actions that the White House termed "Climate Week."

Within this article: Potential ramifications of Biden's moratorium on new oil and gas