North Dakota Gov.: Biden Oil and Gas Lease Halt Has Already Cost over $100 Million in Lost Revenue, Could Cost Billions if It Continues

North Dakota Gov.: Biden Oil and Gas Lease Halt Has Already Cost over $100 Million in Lost Revenue, Could Cost Billions if It Continues: 

On Friday’s broadcast of the Fox Business Network’s “Varney & Co.,” North Dakota Gov. Doug Burgum (R) discussed his state’s lawsuit against the Biden administration’s halt on oil and gas leases on public lands and said the suspension of the leases has already cost state, county, and local governments over $100 million in lost revenue, and “going forward, the cost could easily run into the hundreds of millions of dollars, and if it went on permanently, it could be billions of dollars.”