Axios (by Andrew Freedman & Ben Geman)
January 31, 2022
The court decision late last week to halt a large lease sale in the Gulf of Mexico was both nuanced and far-reaching. It is unlikely to lead to the long-term ban of future oil and gas leases both on and offshore, experts tell Axios. Why it matters: The decision to cancel a $192 million lease sale and send it back to the Interior Department for a new environmental analysis under the National Environmental Policy Act provides the Biden administration with some breathing room to review its leasing policies. . . .