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US Puts New Oil And Gas Leases, Permits  On Hold For 60 Days
Jan. 22, 2021
Source: S & P Global

US Puts New Oil And Gas Leases, Permits On Hold For 60 Days

The US Interior Department on Jan. 20 put new oil and gas lease sales and permits on federal lands and waters on hold for 60 days, according to an order signed by Acting Secretary Scott de la Vega. So the 60-day moratorium could lead into a much broader ban on new federal oil and gas leases and permits.

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