Interior Department to resume oil and gas leasing, charge higher fees

Norge Nyheter Nyheter

Interior Department to resume oil and gas leasing, charge higher fees
Norge Siste Nytt,Norge Overskrifter
  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

Biden plans to expand oil and gas drilling on public lands

An array of pumpjacks operate near the site of a new oil and gas well being drilled Friday, April 8, 2022, in Midland, Tex. As pressure increases on the Biden administration to lower the price of fuel, the Interior Department announced on Friday plans to hold its first onshore oil and gas lease sales since President Biden took office.

The long-awaited announcement follows a report the department issued last fall, which called for royalty fees to be more in line with the higher rates charged by most private landowners and major oil- and gas-producing states. The Biden administration’s willingness to move forward with oil and gas leasing angered climate activists, who called the department’s plans a betrayal of the president’s pledge to ban new drilling on public lands.According to the latest report from the U.N. Intergovernmental Panel on Climate Change, issued last week, the world is on pace to burn through its remaining “carbon budge”” by 2030 — putting the ambitious goal of keeping warming to 1.5 degrees Celsius out of reach.

“This is pure climate denial,” Jeremy Nichols, climate and energy program director for WildEarth Guardians, said in a statement. “While the Biden administration talks a good talk on climate action, the reality is, they’re in bed with the oil and gas industry.” Interior officials portrayed the pending lease sales as a significantly scaled-back version of what might have been, describing it as a pragmatic approach. In a news release, they noted that the acreage offered for auction is 80 percent less than the 733,000 acres that oil and gas companies had hoped to bid on.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

washingtonpost /  🏆 95. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Biden administration announces it will resume onshore oil and gas lease sales with higher royalty rateBiden administration announces it will resume onshore oil and gas lease sales with higher royalty rateThe US will restart onshore oil and gas lease sales for public lands, but companies will pay a higher royalty rate, the Interior Department says
Les mer »

Peloton raises subscription fees for the first time, cuts hardware prices by up to $500Peloton raises subscription fees for the first time, cuts hardware prices by up to $500The fitness company wants to grow its user base and increase revenue through higher recurring fees.
Les mer »

Gas is going up, but this is how inflation really hurts older AmericansGas is going up, but this is how inflation really hurts older Americans“When people living on fixed incomes don’t have savings, or can’t borrow, then they are in a very challenging situation that’s not safe,” said Mary Johnson, a Social Security policy analyst for the Senior Citizens League.
Les mer »

Pennsylvania man arrested after putting 'I did that!' Biden stickers on gas pumpsPennsylvania man arrested after putting 'I did that!' Biden stickers on gas pumpsA Pennsylvania man has been charged after being caught allegedly putting stickers on gas pumps that protest President Joe Biden's effect on gas prices.
Les mer »

Volkswagen MEB Upgrades Coming: 435 Mile Range, 200 kW Charging, Online LeasingVolkswagen MEB Upgrades Coming: 435 Mile Range, 200 kW Charging, Online LeasingVolkswagen is planning to increase the range and charging speed of its MEB-based electric cars in the near future.
Les mer »

If Amazon prices start going up, this is the reason whyIf Amazon prices start going up, this is the reason whyAmazon is adding a 5% fuel and inflation surcharge on top of previous FBA fees, which could lead to higher prices in the coming weeks.
Les mer »



Render Time: 2025-04-07 20:49:27