Dry Natural Gas
Search documents
Licence-heavy; tariff-light: Trump’s two-pronged approach so far
Yahoo Finance· 2026-01-15 12:57
Biden oversaw the 10th National Outer Continental Shelf (OCS) Oil and Gas Leasing Programme, which was finalised in 2023. The five-year lease plan was set to span 2024–29 and limited new oil and gas licences to three – the minimum required by the Inflation Reduction Act and the fewest in history. Under Biden’s plan, the three licences were set for the Gulf of Mexico (GoM) in 2025, 2027 and 2029.“The administration has reversed the Biden Interior Department's various – arguably illegal – moratoriums and rest ...