17 Jan 2025
šWithdrawal of Key U.S. Offshore Areas from Oil Leasing Regulations
Withdrawal of Certain Areas of the United States Outer Continental Shelf From Oil and Natural Gas Leasing
Agencies
- Executive Office of the President
Business Impact
$$ - Med
The memorandum withdraws specific areas of the Outer Continental Shelf from oil and natural gas leasing, impacting potential exploration and development opportunities for businesses in the energy sector. This regulatory change could lead to financial implications for businesses reliant on these leases and exploration activities.