MrMakabar , 4 days ago There are quite a few earlier cases for drilling though. For example Biden tried to stop new leases for oil and gas projects on public land, but that got struck down by a court. That was three years ago. Also this is about new export terminals. Due to new emissions regulation for cars, the inflation reduction act and a few other laws, US oil and gas consumption is likely to fall. So the oil and gas companies try to export more. Hence more terminals.
There are quite a few earlier cases for drilling though. For example Biden tried to stop new leases for oil and gas projects on public land, but that got struck down by a court. That was three years ago.
Also this is about new export terminals. Due to new emissions regulation for cars, the inflation reduction act and a few other laws, US oil and gas consumption is likely to fall. So the oil and gas companies try to export more. Hence more terminals.