Biden Pause on Oil Leases on Public Lands Blocked by Judge
A pump jack operates just outside of Midland, Texas, U.S, on Friday, April 24, 2020. The price for the U.S. benchmark for crude oil, West Texas Intermediate, dropped below zero for the first time in history this month amid a global oil glut. Photographer: Matthew Busch/Bloomberg
, Bloomberg
Peter Blumberg, Bloomberg News
(Bloomberg) -- The Biden administration’s pause on new oil and gas leases on public lands and offshore waters was blocked by a federal judge in Louisiana.
A preliminary injunction blocking President Joe Biden’s Jan. 27 executive order was issued Tuesday.
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