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While Biden views his offshore drilling ban as a way to hasten the United States’ “transitio[n] to a clean energy economy,” his successor wants to maximize U.S. oil and gas production to ...
Biden is set to discuss the move Tuesday during a visit to California, which has had a moratorium on issuing new oil and natural gas leases in its state waters since 1969 and hasn't had an oil ...
(Reuters) -U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision that President-elect Donald Trump, who has vowed to boost domestic energy ...
President Joe Biden is planning to ban the development of offshore oil and gas across 625 million acres of United States coastal waters in the Atlantic, Pacific and eastern Gulf of Mexico.
The Biden administration announced Monday morning that it is giving final approval to a major oil drilling project in Alaska located in the largest unspoiled natural area in the United States ...
In Biden’s case, many of the dynamics that supercharged oil and gas industry profits during his presidency were not directly related to his administration’s policies: Russia’s invasion of ...
The Biden administration has bought back 59 million barrels after the 2022 sale at an average price of less than $76 a barrel, far lower than the $95 a barrel it sold oil in 2022.
Critics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set ...