STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - 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.
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 whaleThe suit is the latest dispute between the oil and gas industry and the administration of President Joe Biden over leasing federal lands and waters for energy development. 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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Global stock market correction likely before year-end: Reuters pollBy Hari Kishan BENGALURU (Reuters) - Global stock markets are heading for a correction in coming months, though overall they should post marginal gains ...
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