Biden hikes cost of drilling on federal lands as Trump courts oil donors

A final rule from the Bureau of Land Management will require firms to purchase bonds of $150,000 per lease on federal lands, up from $10,000

UpdatedApril 12, 2024More than 1 year ago

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Workers operate a drilling rig while plugging an abandoned oil well north of Shelby, Mont., in 2021. (Adrián Sanchez-Gonzalez for The Washington Post)

By Maxine Joselow

and

Josh Dawsey

President Biden andDonald Trump this week outlined clashing visions for the future of fossil fuel production across the country, underscoring how the nation’s energy policies hinge on the outcome of the2024 election.

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