With just two weeks left in his term, President Biden announced the largest ban on new offshore oil and gas drilling. The executive action will block the sale of new leases for more than 625 million acres of ocean, nearly 20 percent of all the seabed controlled by the United States. The ban would primarily
The Department of Energy’s long-awaited study on LNG will be released in mid-December and kick off a 60-day public comment period, according to Brad Crabtree, Assistant Secretary of DOE’s Office of Energy for Fossil Energy and Carbon Management. At a House Oversight recent hearing – Crabtree’s second appearance before the committee to discuss the LNG
Once a central plank of the Biden-Harris administration’s climate agenda, the White House’s enormous environmental justice (EJ) spending programs are instead rife with “cronyism,” according to a new report from the House Energy & Commerce Committee. The Inflation Reduction Act’s EJ programs routed billions in taxpayer dollars to the Environmental Protection Agency, which was then
The Department of Energy’s continued pause on permitting U.S. LNG export facilities jeopardizes 900,000 American jobs, according to a new report released today by the National Association of Manufacturers (NAM). Prepared by PricewaterhouseCoopers, the report highlights the economic benefits of U.S. LNG exports, finding: “US LNG exports supported an estimated total of 222,450 jobs in
The second quarter of 2024 saw slight shifts in oil and natural gas activity, but major changes are looming on the horizon, according to new data from the Dallas Federal Reserve Energy Survey. According to the latest quarterly survey of oil and natural gas operators in the Permian basin, oil and natural gas production was
Recent polling proves President Biden’s pause on liquified natural gas (LNG) export approvals remains unsupported. The American Petroleum Institute (API) released polling showing 89 percent of Americans, including Republicans, Democrats, and Independents, believe the United States should continue to supply natural gas to our European allies and other countries. On the results of the poll,
The Biden administration’s LNG permit freeze has sparked national and international debate over LNG export facilities and the LNG industry as a whole. President Biden’s election-year decision has been deemed purely political and detrimental to U.S. energy and economic security, garnering bipartisan, industry and even international opposition. EID has previously debunked the many myths surrounding
President Biden’s LNG pause has amassed a range of negative reactions and concerns from across the political spectrum. In a House Subcommittee on Energy, Climate, and Grid Security hearing this week, members from both sides of the aisle agreed that Biden’s decision, directly and indirectly, affects the U.S. economy, energy security, global emissions reduction goals,
The Biden Administration recently announced a temporary pause on the Department of Energy approving new U.S. LNG export projects that the United States does not have a Free Trade Agreement with – an announcement that received immediate criticism from elected leaders, foreign officials, industry leaders, and energy policy experts alike. These officials universally argued that
Recent claims suggesting that the Biden administration has granted 50 percent more oil and gas drilling permits on federal land compared to the Trump administration have been circulating in the media – and while that data is accurate, it’s a lot more complex. A closer look at the 2023 data reveals that many of the
U.S. LNG has been a hot button topic in recent weeks as the Biden administration announced it would be reassessing the Department of Energy’s LNG permit approval process last week, followed on Friday with an announcement that it is temporarily pausing pending decisions on LNG exports to non-FTA countries. While the administration is publicly describing
Deep in the Department of Interior’s recently proposed 200+ page rule updating the Fluid Mineral Leases and Leasing Process is a not-so-welcome surprise for the American energy industry. The proposed rule introduces a “preference criteria,” a brand-new and potentially transformative mechanism that has flown relatively under the radar but could give the Biden administration yet
As Energy In Depth has discussed extensively, the Biden administration has significantly reduced the number of lease sales and acreage available in the Gulf of Mexico, all under the guise of protecting the Rice’s whale. The administration’s proposal is facing significant criticism, including from bipartisan members of Congress. On Friday, a group of sixteen senators
The Biden administration has approved a record low number of new offshore oil wells, according to a new data analysis by E&E News, adding to a long list of antagonistic moves against the oil and gas industry. Analyzing data since the George W. Bush era, E&E News found that offshore permitting hit a 19-year low
Ceding to activists’ demands to limit oil and natural gas development in the Gulf of Mexico under the guise of protecting the Rice’s whale, the Biden administration has announced “a lease sale in name only” that removes millions of acreage from the parcel and adds burdensome restrictions on operators. In response to the “arbitrary and