Oil

There is a saying politics that if you try to please too many you please no one. The Biden Administration plans to reduce oil drilling in the gulf. The five-year drilling plan “represents the smallest number of oil and gas lease sales in history,” Interior Secretary Deb Haaland said in a statement. Industry trade group the American Petroleum Institute (API) criticized the plan as a “step in the wrong direction” in a statement. Environmental groups also took issue with the plan, with the ocean conservation groups hitting the administration for allowing drilling in the Gulf of Mexico. This is a reduction in the plan that Trump set up five years ago.