WASHINGTON (AP) — The Biden administration is proposing new rules for the nation’s oil and gas leasing program that would raise costs for energy companies to drill on public lands and strengthen requirements for cleaning up old wells where drilling is completed or abandoned.
A rule proposed Thursday by the Interior Department codifies provisions in the sweeping climate law approved last year, as well as the 2021 infrastructure law and recommendations from an Interior report on oil and gas leasing issued in November 2021.
