Oil companies sue U.S. over Gulf auction changes meant to protect whale

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An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale.

on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale.

Biden paused federal drilling auctions shortly after taking office in 2021 as part of his climate change agenda, but the year-old Inflation Reduction Act requires that the government hold the Gulf of Mexico lease sale planned for next month.

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Oil companies sue U.S. over Gulf auction changes meant to protect whale By ReutersOil companies sue U.S. over Gulf auction changes meant to protect whale
Bron: Investingcom - 🏆 450. / 53 Lees verder »