Biden suspends new oil, gas drilling permits on federal land, signaling beginning of energy price hikes

Biden suspends new oil, gas drilling permits on federal land, signaling beginning of energy price hikes: President Joe Biden’s administration announced on Thursday, Jan. 21, a 60-day suspension of new oil and gas leasing and drilling permits for U.S. lands and waters. The suspension, part of a review of President Donald Trump’s environmental policies, went into effect after Acting Interior Secretary Scott de la Vega signed the order on Wednesday, Jan. […]