Business Daily - White House cancels Alaskan oil leases awarded in final days of Trump presidency

Biden cancels Alaskan oil leases approved by Congress

The Biden administration has clearly given up any pretense of being interested in preserving America’s energy independence in the face of a weakening power grid that promises rolling blackouts t...

Business Daily - White House cancels Alaskan oil leases awarded in final days of Trump presidency

The Biden administration has scrapped oil leases in Alaska's Arctic National Wildlife Refuge on the basis of "legal deficiencies". The leases awarded by the Trump administration had been widely criticised by environmental groups. However, the White House's move comes after it approved an oil drilling project in another Alaskan reserve a few months ago. Also in this edition, China's trade slump persists and our Taiwan correspondent Lucie Barbazan…