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Commodities 2023: ‘Wiggle room’ seen for US President Biden to limit oil, gas leasing activity

January 4, 2023 Comments Off

Oil and gas companies eager to score new acres of federal lands and waters for exploration and production may find their options limited or less attractive than they’d hoped in 2023, even as a new law will compel the Biden administration to proceed with oil and gas leasing activity. Industry observers flagged the US Interior Department’s onshore and offshore leasing…