![Equipment at a fracking well is pictured at Capitan Energy on May 7, 2020 in Culberson County, Texas. - For oil and gas producers in the worlds largest oil field, straddling the border between Texas and New Mexico, the losses due to the collapse of oil prices are colossal. (Photo by Paul Ratje / AFP) (Photo by PAUL RATJE/AFP via Getty Images)](https://kentwired.com/wp-content/uploads/2021/01/0e94687aa1566d94658f016e69b5ddb1-900x600.jpg)
Biden to halt new oil and gas leases on federal lands and take other climate-related action
Originally Published: 27 JAN 21 06:00 ET
Updated: 27 JAN 21 09:00 ET
By Maegan Vazquez and Kate Sullivan, CNN
• January 27, 2021
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