On August 19, 2022, Partner Mark Barron is quoted in Energy Intelligence in an article titled “How Much Clarity Does IRA Provide US Leasing Policy?” The Biden administration paused new oil and gas leasing in March 2021, but the newly passed Inflation Reduction Act provides for some lease sales. Energy Intelligence says an Aug. 17 ruling from the Fifth Circuit Court of Appeals, which came just after the IRA was signed into law, “muddies the waters” regarding new leases on federal land or in federal waters. Barron says an “incentive” for the Interior Department to hold lease sales doesn’t constitute a statutory obligation to do so.
Read the article.