Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Oil industry group would pursue litigation to oppose federal fracking ban under Biden

11/23/2020 | 03:29pm EST

Nov 23 (Reuters) - The American Petroleum Institute (API) will work with state representatives to use 'every tool at its disposal', including litigation, to oppose a Biden administration federal fracking ban, chief executive Mike Sommers said in an interview with Reuters on Monday.

Sommers said that while he looks forward to working with the incoming Biden administration on energy, the API would "draw the line" if a ban on leasing federal lands to oil and gas companies were instituted.

"It would be incredibly detrimental on American natural security and energy security," Sommers told Reuters.

(Reporting by Laura Sanicola Editing by Chizu Nomiyama)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL -0.18% 55.86 Delayed Quote.5.90%
WTI -0.13% 53.102 Delayed Quote.8.53%
Latest news "Economy & Forex"
04:00pWall Street sets record as Netflix jumps, Biden inaugurated
RE
04:00pBOJ to hold fire, warn of pandemic-related risks to fragile recovery
RE
03:48pWORLD BANK : Helps Kosovo Purchase Medical Equipment to Strengthen Its COVID-19 Response
PU
03:38pBANK OF JAMAICA : Press Release - which inflation rate
PU
03:35pDollar slides vs most currencies on optimism about Biden administration
RE
03:30pOil rises on U.S. stimulus hopes, tighter market under Biden
RE
03:27pDollar slides vs most currencies on optimism about Biden administration
RE
03:26pU.S. and Canada underestimating climate risk from abandoned oil and gas wells -study
RE
03:24pCANADA FX DEBT-Loonie notches 3-year high as Bank of Canada skips 'micro rate cut'
RE
03:23pPESA PETROLEUM EQUIPMENT & SERVICES ASSOCIATION : International Trade Policy Committee Survey
PU
Latest news "Economy & Forex"