Oil industry sues in the US over pause of drilling auctions - News Summed Up

Oil industry sues in the US over pause of drilling auctions


Oil industry sues in the US over pause of drilling auctionsReutersMajor US oil industry groups on Monday sued the administration of US President Joe Biden for halting drilling auctions on federal lands and waters this year, arguing that the government is required by law to hold regular sales. The American Petroleum Institute (API) and 11 other groups filed the lawsuit in federal court in the Western District of Louisiana. His administration in January paused drilling auctions pending a review of the program. Since then, the administration has been sued by oil-producing states and industry groups who say the pause is costing them jobs and revenue. At the time, Biden administration officials said that they would comply with the ruling, but have not moved to resume auctions.


Source: Taipei Times August 17, 2021 15:56 UTC



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