/Biden Admin Suspends New Oil and Gas Permits

Biden Admin Suspends New Oil and Gas Permits

The Biden administration has halted new oil and gas leasing and drilling permits for U.S. lands and waters for 60 days.

The suspension is part of a wider review of programs and policies that former President Donald Trump implemented during his administration, particularly those pertaining to energy and the environment. President Biden also rejoined the Paris climate accord and revoked approval of the Keystone XL oil pipeline.

The moratorium on new leases and permits applies to coal as well, clocking the approval of new mining plans, land sales and exchanges.

The order does not ban all activities and includes an exception for a small number of senior Interior Department officials to approve actions that otherwise would be suspended.

Continue reading at Fox Business for more.