This week’s federal oil and gas lease sale of just four parcels of land in Nevada shows that an Obama and Trump-era rush by drillers to lease land in a state with little oil has ended for now, even as it has inspired anti-speculation legislation in Congress.
No land in Nevada has been nominated for oil and gas leasing since 2022, the most recent federal data show, and just 4,700 acres are up for bid on Tuesday when the Interior Department’s Bureau of Land Management holds the first oil and gas lease sale in Nevada in more than a year. ...
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