> But since companies with existing leases will not be affected, the near-term impact on exploration and production as well as royalties to states will be limited.

> A more permanent leasing ban would have a significant impact, although visible offshore production declines may not materialize for up to 10 years, given the typical timeframe for planning, exploration, appraisal, and development.

My source pointing that the current admin's actions haven't significantly changed things today is your own article.

https://www.csis.org/analysis/biden-makes-sweeping-changes-o...