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Biden expected to strengthen federal regulations, reduce oil and gas leasing
Oil & Gas Journal: Specialists sorting through the implications of a Joe Biden presidency anticipate tougher federal regulations for the oil and gas industry and possibly some outright barriers to much activity on federal lands.
A big question is how far and fast Biden will go—or legally can go—toward fulfilling promises to halt new oil and gas leasing and hydraulic fracturing on federal lands, onshore and offshore. For a start, there could be a leasing moratorium, according to the specialists who talked to the Oil & Gas Journal.
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