A federal judge has ruled the Biden administration must resume allowing oil and gas leasing on federal land and waters, but the administration is saying it will not go down without a fight.
The Biden administration said it will appeal a court ruling allowing the leases, the latest development in a months-long battle between President Joe Biden and the oil and gas industry, even as gas prices continue to rise.
As Americans prepare to hit the road for Independence Day weekend, gas prices hit a seven-year high.
An expected 43.6 million Americans are set to hit the road this holiday weekend, and they’ll pay the most they have to fill up their tank since 2014, the American Automobile Association (AAA) says.
A federal judge ordered the federal government to halt its ban on new oil and gas leases in a major setback for President Joe Biden’s administration.
Judge Terry Doughty, of the U.S. District Court for the Western District of Louisiana, granted a preliminary injunction that had been requested by a large coalition of Republican state attorneys general in an order released Tuesday evening. The Department of Interior is prohibited from enforcing the oil and gas leasing ban until the case is concluded, according to the order.
A gas shortage is expected this summer not because there won’t be enough fuel but because there aren’t enough highly trained and licensed tanker drivers to transport it.
Many tanker drivers retired last year after demand for oil and gas plummeted because fewer people were traveling during the height of the pandemic. And most driving schools where new drivers could have received their training were closed due to state-mandated shutdowns. The two factors combined is resulting in a shortage of roughly 25% of tanker truck drivers needed to transport fuel, says the National Tank Truck Carriers, the trade association representing the tanker truck industry.
California gasoline prices reached the highest they’ve been since March 9, 2020, hitting $3.27 a gallon, according to a new gasoline benchmark published by the U.S. Energy Information Administration.
California gas prices are roughly 66 cents more than average price paid by consumers nationwide.