Revenues disbursed to states from federal oil and gas leasing are not expected to decline significantly in the near term due to the Biden administration’s pause and review of the program, an official said on Tuesday. Nada Culver, deputy director of policy and programs for the U.S. Bureau of Land Management, told a Senate committee that no timeline had been set for completing the review, which froze new oil and gas leasing while officials study the program’s benefits to taxpayers and environmental impacts. The pause, which is opposed by oil-producing states including Wyoming and Louisiana and the drilling industry, is widely seen as a first step to delivering on U.S. President Joe Biden’s campaign promise to end new oil and gas […]