U.S. GAS MORATORIUM
PLATTS - 29 Jan 2021 - If the recent moratorium on the issuance of federal drilling leases holds, most US production losses would occur in New Mexico, where up to 3 Bcf/d of new natural gas supply could be at risk over the next three years.
Following the recent issuance of a 60-day moratorium on new drilling permits and land leases on federal land, President Joe Biden Jan. 27 signed an executive order that would suspend all new federal oil and gas leases, both onshore and offshore, while the Department of the Interior reviews…
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