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With two weeks left in office, President Joe Biden is ending his presidency the same way he started it: halting oil production. On Monday, he announced a ban on offshore oil and natural gas ...
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 ...
In January 2021, when President Joseph R. Biden Jr. became president, the United States was still "energy independent" even though domestic crude oil production had declined to 10,900,000 barrels of crude oil per day from its 13,100,000 peak. As demand recovered from the pandemic, the United States lost its "energy independence" until it ...
President Donald Trump in an executive order on Monday revoked a ban imposed by former Democratic President Joe Biden on new offshore oil and gas development along most of the country's coastlines.
(Reuters) -U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S ...
“It’s pure insanity to watch the Biden administration cut American oil production and then claim they can’t refill our critical reserve because of the price,” Daniel Turner, founder and ...
(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 ...