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The Oil and Gas Industry Has Nearly 9,000 Unused Permits for Drilling on Federal Lands. ... - Latest Tweet by President Biden
The latest Tweet by President Biden states, 'The oil and gas industry has nearly 9,000 unused permits for drilling on federal lands. I’m calling for a “use it or lose it” policy. Congress should make companies pay fees on idle wells on federal leases and on public lands they’re hoarding without producing.'
The oil and gas industry has nearly 9,000 unused permits for drilling on federal lands.
I’m calling for a “use it or lose it” policy.
Congress should make companies pay fees on idle wells on federal leases and on public lands they’re hoarding without producing.— President Biden (@POTUS) March 31, 2022
(The above story first appeared on LatestLY on Apr 01, 2022 12:05 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
