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Interior Department Moves to Relax Rules for Drilling on Public Lands

NYT - Energy & Environment

By: Maxine Joselow

22 June 2026 at 19:33

A pair of proposals from the Trump administration would lower costs and weaken requirements for fossil fuel companies that drill on federal property.

One proposal would lower the cost of the bonds that fossil fuel companies must pay the Interior Department before they start drilling or mining on public lands.

U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

NYT - Energy & Environment

By: Rebecca F. Elliott

22 June 2026 at 15:14

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

Smaller U.S. oil producers are starting to drill more wells, but big companies like Exxon Mobil and Chevron have said they are not changing their plans as a result of the war with Iran.