Keyword: leases
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The proposal is regarding 13 million acres of government-owned Arctic land that is part of the National Petroleum Reserve in Alaska.. The Interior Department on Monday proposed the restoration of oil and gas drilling in the Arctic after it had previously been restricted by the Biden administration. The proposal is regarding 13 million acres of government-owned Arctic land that is part of the National Petroleum Reserve in Alaska, which is a total area of 23 million acres that former President Warren G. Harding set aside in 1923 as an emergency supply of oil for the Navy. The Naval Petroleum Reserves...
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JUNEAU, Alaska (AP) — A federal judge in Alaska on Tuesday ruled the Biden administration lacked the authority to cancel seven oil and gas leases that had been issued for the Arctic National Wildlife Refuge. U.S. District Court Judge Sharon Gleason said terms of a 2017 tax law that set the stage for the first-ever lease sale in the refuge’s coastal plain in early 2021 suggested that leases could only be canceled by a court order. She sent the matter back to the Department of Interior for further action. President Donald Trump upon his return to office in January signed...
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An analyst note flagging a possible slowdown by Microsoft (MSFT.O), opens new tab in leasing data center capacity grabbed the market's attention on Monday, lending credence to skepticism among investors worried that the AI-led stock-market boom might be running out of steam. TD Cowen analysts in a note Friday said the tech giant had scrapped leases for sizeable data center capacity in the United States, suggesting potential oversupply as it builds out artificial intelligence infrastructure. The brokerage, citing its supply chain checks, said Microsoft has canceled leases totaling "a couple of hundred megawatts" of capacity with at least two private...
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In a masterful strike against the eco-extremist agenda of the left, President Donald Trump, along with Interior Secretary Doug Burgum, have opened Pandora’s box of energy independence.They have reversed the absurd ban imposed by Joe Biden, opening over 625 million acres for oil and gas drilling and exploration.This move is nothing less than a declaration of war against progressives who want to see the United States on its knees.🚨BREAKING: President Trump and Doug Burgum announce they are opening 625 million acres of offshore territory for drilling, reversing Biden’s last-minute ban before he left office.pic.twitter.com/Fl2kh3K0db— Benny Johnson (@bennyjohnson) February 14, 2025In...
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The Biden administration is attempting to implement last-minute restrictions on oil and gas drilling in the west just weeks before President-elect Donald Trump's inauguration. On Monday, the Department of the Interior announced plans to pursue a 20-year ban on oil and gas leases in 264,000 acres of Nevada's Ruby Mountains. The administration submitted an application to withdraw the acreage from any potential leasing, which initiated a two-year ban on new mineral leases in the area during the approval process. The proposal now heads into a 90-day public comment period, which will fall under the Trump administration. "The Ruby Mountains are...
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The Bureau of Land Management (BLM) has been chipping away at the oil, gas and coal industries ever since President Joe Biden took office. Wyoming is an energy state that produces half the nation’s coal, as well as part of its oil and gas output. Since the federal government owns nearly half the state’s land, virtually all oil, gas and coal operations in the Cowboy State are heavily impacted by every rule the BLM throws at fossil fuels. Although the Biden administration is waging war on fossil fuels, Wyoming is fighting back. The state, along with Utah, filed a lawsuit...
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The Biden administration Friday rolled out three decisions aimed at greatly restricting oil and gas drilling, as well as mining activities needed for renewable energy, on public land. The decisions include shutting down the Ambler Access Road project, which would have opened up part of Alaska to mining needed for renewable energy, and blocking oil and gas drilling on up to 13 million acres of the National Petroleum Reserve-Alaska. Conservation Leases The third action the Interior Department took Friday was the finalizing of the Public Lands Rule. According to a statement from the Department of the Interior, the rule is...
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Biden administration is 'sowing the seeds for the next energy crisis' by blocking oil and gas leases despite wars in Mideast and Europe threatening energy flows, top US trade group warns White House under pressure to halt oil and gas leases over global warming fears The Biden administration is 'sowing the seeds for the next energy crisis' by restricting America's oil and gas sector even as wars in the Middle East and Europe threaten supply shocks, the head of a top trade group has warned. Mike Sommers, president of the American Petroleum Institute (API), issued a stark warning that the...
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House Bill 621, sponsored by Republican Florida state Rep. Kevin Steele, was put forward in response to Jacksonville resident Patti Peeples, who made national headlines earlier this year when several squatters moved into her Jacksonville property and caused nearly $40,000 in damages. Peeples first discovered that two female squatters broke into a rental property she owned after she sent a handyman to make repairs in anticipation of a home inspection after she showed an interested buyer the home 48 hours before.
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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...
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In a significant ruling late Thursday, Judge James Cain of the Western District of Louisiana sided with American energy advocates, striking down the Biden administration’s eleventh-hour restrictions on a pending offshore oil and gas lease sale. The injunction, favoring the plaintiffs – the State of Louisiana, the American Petroleum Institute (API), and energy giants Chevron and Shell – puts a halt on the Bureau of Ocean Energy Management’s (BOEM) restrictive measures concerning Lease Sale 261. This crucial sale, encompassing vast expanses in the Gulf of Mexico, was scheduled for the following week. The ruling by Judge Cain reiterates the federal...
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The Interior Department announced Wednesday it will cancel the last remaining oil leases in the Arctic National Wildlife Refuge and move to restrict drilling on 13 million acres in the National Petroleum Reserve-Alaska.
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The surge in remote work, and a decline in demand for office space, during the COVID-19 pandemic has apparently wiped an estimated $453 billion off commercial real-estate value. That's not good news for investors and pension funds relying on the value of these buildings. The US National Bureau of Economic Research (NBER) came up with the figure, and is predicting what it calls an "office real estate apocalypse." While it focused its work on New York City, data from 105 office markets throughout America between 2000 and 2022 was included in a report this fall. Prior to the coronavirus outbreak,...
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Some of the Democrats who have been spiking the ball in the end zone after the passage of the so-called “Inflation Reduction Act” probably didn’t read all of the finer details in the bill. They’ve been celebrating its passage along with Joe Biden as the “biggest climate legislation” to ever be passed. They have also been grudgingly thanking West Virginia Democrat Joe Manchin for getting the bill over the finish line. But it turns out that Manchin snuck in a few items that haven’t drawn many headlines yet and the climate warriors aren’t going to be very happy about them....
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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...
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(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...
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The deal that West Virginia Sen. Joe Manchin reached with Majority Leader Charles Schumer that contains billions for clean energy programs also would mandate offshore oil and gas drilling in Alaska and the Gulf of Mexico. Additionally, the package commits Democratic leaders to moving new legislation to streamline permitting process for pipelines and other projects – a move Manchin called essential to his own backing for the package, which would include $433 billion in new spending as well as $739 billion in new revenue over a decade. 'Without what you just mentioned there is no bill,' Manchin told MetroNews in...
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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...
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It's a lengthy commentary but this one shreds the endless stream of nonsense the Biden administration has manufactured in a pathetic attempt to cover for their serial failure on gas prices, inflation, and the supply chain fiasco. Fox News’ Tucker Carlson went on a near 20-minute tear into this administration. Carlson knows the Left hates him. His segment served as another reminder of why they hate him—and it’s something he wears with pride. He eviscerates all their narratives with ease. Carlson explained what we all know which is that Biden’s energy policy is grounded in intentional harm. The Green Left...
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The same corrupt Obama judge who lawlessly nullified the November 2021 Gulf of Mexico lease sale, blocked lease sales in Wyoming, may have signed fraudulent FISA warrants in the Russia collusion hoax and attempted to unlawfully persecute General Michael Flynn, has now brokered a deal between the rabidly anti-American Biden Interior Department and an Enviromarxist terrorist organization to potentially retroactively cancel over 2,000 oil & gas leases in Wyoming… All because climate change.
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