- July 10, 2021
- Posted by: Stratford Team
- Category: Business
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North Dakota has launched a lawsuit against the Biden administration for suspending the sale of oil and gas leases on federal lands, alleging it could cost the state billions of dollars.
President Biden halted oil and gas lease sales upon entering office in January as part of his promise to take on climate change.
JUDGE STOPS BIDEN ADMINISTRATION FROM BLOCKING NEW OIL AND GAS LEASES
Though the leasing ban is temporary, the White House has not confirmed for how long the suspension will hold.
In his civil complaint filed Wednesday, North Dakota Attorney General Wayne Stenehjem said the suspension had prevented leasing auctions during March and June – reportedly costing the state more than $80 million dollars.
“I have taken this action to protect North Dakota’s economy, the jobs of our hard-working citizens, and North Dakota’s rights to control its own natural resources,” Stenehjem said in a…
