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Biden seeks to all but end an oil and gas leasing program.. ... during his first 19 months in office, Joe Biden leased fewer federal lands for oil and gas development than only one since the end of World War II. ... Last month, in a throwback to the days of Harry Truman, Biden released his statutorily required five-year OCS leasing plan, which all but ends the OCS oil and gas program. Following President Trump’s planned eleven OCS lease sales, Biden proposed only three, one each in 2025, 2027, and 2029. Biden wanted even fewer sales; .. blaming the courts...

A new report from the Department of the Interior shows the Biden Administration has leased fewer acres of land for oil and gas drilling on federal lands and waters since former President Harry Truman in the 1940s. The Department of the Interior has given out leases for 126,228 acres through August 20, 2022, according to analysis from the Wall Street Journal. The last president to lease out less than 4.4 million acres at this point in the first term of his presidency was Richard Nixon in 1969-1970. “Joe Biden has been, I won’t say a closet radical, but simply a...

A federal judge Thursday issued a permanent injunction against the Biden administration’s pause of new oil and gas leasing in federal lands.The injunction applies to the 13 states that sued the Biden administration over the moratorium in March 2021, including Alabama, Alaska, Arkansas, Georgia, Louisiana, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah, and West Virginia.Terry Doughty, the U.S. district judge for the Western District of Louisiana, ruled that the White House overreached in the ban.President Joe Biden signed Executive Order 14008 on Jan. 27, 2021, banning all new oil and natural gas leases on federal lands and offshore waters. The...

(Reuters) - The Bureau of Land Management will pause oil and gas leasing on 2.2 million acres of Colorado public land after environmental groups alleged its current management plan failed to consider climate impacts, according to a settlement. The agreement was filed Thursday in Colorado federal court and requires the government to conduct a new environmental analysis of the climate impacts of oil and gas leasing on public lands in southwestern Colorado. The government also agreed to consider how the leases may impact the endangered Gunnison sage- grouse and its habitat. The Sierra Club, Center for Biological Diversity and others...

Conservation and clean-air groups have filed a lawsuit challenging the Biden administration’s resumption of oil and gas leasing on public lands. Oil and gas industry groups argue opening up more public lands for drilling will increase global supplies. A new lawsuit hopes to reverse the BLM's recent approval of oil and gas lease sales on public lands across eight western states, including nearly 120-thousand acres in Wyoming, in part to protect public health. Melissa Hornbein, with the Western Environmental Law Center, said regions surrounding federal oil and gas production face dangerous air quality issues—due to methane leaks, ground-level ozone, and...

Today the U.S. Supreme Court issued a landmark decision in West Virginia vs. EPA, ruling that the Clean Air Act did not specifically authorize the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions from power plants. Now, any greenhouse gas regulations would need specific authorization from Congress. At issue was the Clean Power Plan (CPP), an EPA regulation promulgated by the Obama administration which mandated that existing coal and natural gas power plants reduce their carbon dioxide emissions. There were many problems with this regulation, some of them were legal, and some of them were practical. Legally Speaking.. The...

How would you feel about paying $5 each month for the ability to lock and unlock your car from a distance through an app? What about a $25-per-month charge for advanced cruise control or $10 to access heated seats? What if those charges continued long after your car was paid off? As vehicles become increasingly connected to the internet, car companies aim to rake in billions by having customers pay monthly or annual subscriptions to access certain features. Not content with the relatively low-margin business of building and selling cars, automakers are eager to pull down Silicon Valley-style profits. But...

A federal judge on Monday issued a nationwide injunction on President Joe Biden’s executive order to halt oil and gas operations on all federal lands in the name of fighting so-called climate change.

The Biden administration is delaying lease sales of federal lands for oil and gas exploration even after a court order, the head of the Western Energy Alliance said. President Joe Biden banned oil and gas lease sales by directing the U.S. Department of the Interior to pause new oil and natural gas leasing on public lands and offshore waters. It did not impact existing operations or permits for valid, existing leases, the agency said. After 13 states filed suit in federal court in Louisiana against the federal government over the ban, U.S. District Judge Terry Doughty ruled that the Outer...

On the day that Joe Biden was sworn into office, among the record-setting flurry of executive orders he signed was a “pause” on all new drilling leases for oil and gas on federal lands. That pause was intended to provide time to “investigate” the situation but it quickly began to look as if it might be indefinite. the That situation led a dozen of the nation’s major oil and gas producing states to take the federal government to court and have them restart the leases. The White House lost that court battle in June and they now appear to be...

The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil and gas leasing on public lands and waters – a critical piece of its climate change policy – but will proceed with leasing during the appeals process.

WASHINGTON—U.S. Interior Secretary Deb Haaland said at a House committee hearing on June 23 that the Biden administration has no plan to permanently ban new oil and gas drilling on federal land. “Gas and oil production will continue well into the future,” Haaland said during a House Natural Resources Committee hearing. “I don’t think there is a plan right now for a permanent ban.”Haaland’s comments came after a federal judge on June 15 blocked the Biden administration’s temporary ban on new leases to drill for oil and gas on public lands and waters. The Biden administration in January suspended new...

An oil and gas employee in New Mexico warned that President Biden’s order to halt new drilling on federal lands and a potential ban on all drilling on federal lands is “going to make oil and gas operators look at investing at other places.” “What this does is it exports New Mexican jobs and it causes us to import foreign oil,” Lee Livingston with Mack Energy Corporation, told FOX Business’ Grady Trimble during an interview on “Varney & Co.” on Tuesday. According to The American Petroleum Institute (API), a recent analysis revealed New Mexico would be among the hardest-hit states...

Knowing how to lease a car is important - that knowledge will get you the best deal at the best price. But just as important is knowing when the time is right to lease a car, truck or SUV. That's right - timing can be everything in a vehicle leasing deal. If you can get both the knowledge and the timing down pat, chances are you'll walk away with a great auto lease deal. The fact is that most consumers have little idea how leasing really works, what some of the hidden costs are, or how to land the best...

In another move to free up domestic energy supplies, President Donald Trump signed an executive order Friday aimed at lifting the Obama administration’s offshore drilling restrictions.For decades, bad policies have blocked access to America’s abundance of domestic resources, yet America has still managed to be a global energy leader. Trump’s executive order, “Implementing an America-First Offshore Energy Strategy,” could unleash further success in the energy sector.The economic potential sitting just off America’s coasts is enormous. The Outer Continental Shelf is awash with natural resources, containing an estimated 86 billion barrels of oil and 420 trillion cubic feet of natural gas.Realizing...

Visa and DocuSign unveiled a new proof-of-concept this week that leverages the bitcoin blockchain for recordkeeping. The project, outlined in a 26th October blog post and debuted at Money20/20 in Las Vegas, focuses on digitizing the process of leasing a car. Bitcoin transactions are used to create a digital fingerprint for each vehicle, with new transactions published throughout the leasing process. "From the driver's seat, the customer then chooses the lease options for the car – low, mid or high mileage, for example and DocuSigns the leasing contract right there and then. This is all in turn updated on the...

Another day, another law disregarded by the Obama camp. Colorado Attorney General John Suthers and representatives from nine other states have signed a letter to the Obama Administration demanding the administration pay up on mineral lease revenues owed to the states under the 1920 Mineral Leasing Act. This nearly century-old contract requires a certain percentage of the royalties collected by the federal government to be returned to the states where the minerals were produced. The administration now is trying to trim these payments under the guise of sequestration, saying that these royalties are subject to across the board spending cuts...

Dear Carrie: I've been out of school for just under a year and have a nice steady job. I need a new car, but I don't know if I should buy or lease. I'm earning a decent income, but I don't have much saved. Your advice, please? --A Reader Dear Reader: This is a good question for someone in your situation -- or for anyone looking to buy a car. And actually there are three car-buying choices: buy outright, buy over time or lease. Buying a quality used car outright and driving it for many years is probably the most...

Link only - U.S. House limits info on auto-leasing perk

Should Detroit have seen this disaster coming? Yes. Gasoline prices have been climbing steadily for more than three years now. The Bush-Bernanke debasement of the dollar didn't do Detroit any favors, because the dollar's collapse has contributed mightily to the soaring price of crude oil. But the Detroit Three stuck with a business model based on leasing SUVs for way too long. The two things wrong with that model were, well, leasing and SUVs. The residual values on which SUV lease payments are based turned out to be enormously inflated. With gas around $4 a gallon, the auto makers can't...