Biden’s Oil-Leasing Review May Alter Royalties Set in 1920s (1)

摘要

President Joe Biden’s moratorium of oil and gas leasing buys time for a broad review of whether --and how -- fossil fuels should be extracted from lands under the U.S. government’s control.The result could have a profound impact on an industry that employs hundreds of thousands ofAmericans by determining what access it will have on a 10th of the nation’s land and almost all ofits coastal waters.