offshore drilling
A new rule could speed up unused oil well decommissioning. Gulf States are suing to stop it
The rule, finalized last year, would also protect taxpayers from shouldering the cost. The states suing, however,, say it will crush independent oil companies.
Biden bans new offshore oil and gas drilling in most federal waters
President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block possible action by the incoming Trump administration to expand offshore drilling.