Biden overhauls federal oil and gas leasing program — Here’s what it means

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The Biden administration announced on Good Friday that it will hold multiple oil and gas lease sales this summer, fueling a long-running battle between backers of fossil fuel energy and those who want to see an end to the decades-old federal leasing program.

Federal parcels in seven states will be opened for bidding in June, after which the awarded energy companies will then be eligible to apply for permits to explore and drill oil and gas on those lands — or not.

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