A U.S. offshore regulator on Wednesday said efforts to resume a federal oil and gas leasing program are underway and would soon bear results following a court decision ending a suspension. The Biden administration this week challenged the court decision, arguing the program does not adequately consider climate impacts. But it will proceed with new leases as its appeal grinds through the courts. It had halted the program in January to as part of its efforts to combat the effects of climate change. read more “Based on the court order, we are now moving ahead with leasing,” Walter Cruickshank, deputy director of the Bureau of Ocean Energy Management (BOEM), said at the Offshore Technology Conference. “It will not be too long before you see something.” The oil and gas industry has opposed the lease suspension and energy trade groups joined U.S. Gulf Coast and […]