19/04/2024

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Angry oil industry sues U.S. over new Gulf auction rules meant to protect whale

Angry oil industry sues U.S. over new Gulf auction rules meant to protect whale

Angry oil industry sues U.S. over new Gulf auction rules meant to protect whale

VisionsofAmerica/Joe Sohm/DigitalVision via Getty Images

The Biden administration’s proposed new restrictions on oil and gas companies operating in the Gulf of Mexico have sparked outrage from the oil industry, which sees the move as an unjustified assault on fossil fuel producers that threatens to restrict U.S. energy production.