Even with Record Russian Imports and OPEC Confusion, Biden Administration Keeps New Oil & Gas Leasing Locked Up

During the 2020 presidential campaign, then-candidate Joe Biden said that if elected he would “phase out fossil fuels.” Just hours after being sworn in, his administration began to make good on that promise, issuing executive and secretarial orders to curtail domestic production. Today, the United States is importing increasing volumes of oil from Russia while

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Rising Oil Imports Show Risks of Restricting U.S. Production

America’s hard-fought energy superpower status could be faltering after data from the U.S. Energy Information Administration (EIA) showed that crude oil imports rose sharply in the past week, while exports fell. EIA’s Weekly Petroleum Status Report said: “U.S. crude oil imports averaged 6.9 million barrels per day last week, up by 197,000 barrels per day

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BOEM Refuses to Say When Gulf Leasing Moratorium Will Lift, Area Residents Say Impacts Already Felt

Residents of the Gulf Coast are already feeling the impacts of the Biden administration’s offshore leasing moratorium, which has thrown the once-vibrant offshore energy industry into a period of significant uncertainty. Despite this, federal officials will not say whether the administration will lift the moratorium or extend it into a permanent ban.  During a Senate

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Key Takeaways From Interior’s Forum On Federal Lands Leasing

While some opponents of responsible energy production used a recent Department of Interior forum to call for a ban on all oil and natural gas development on federal lands, or to make the Biden administration’s pause on new leasing a permanent ban, Interior Secretary Deb Haaland began the event with an important acknowledgement: “There is

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Dallas Fed: Federal Lands Orders Will Have Significant Impacts in New Mexico

Oil and natural gas production in the Permian Basin could undergo a massive shift from New Mexico to Texas, according to a new report from the Federal Reserve Bank of Dallas, because of the Biden administration’s executive orders on leasing and permitting on federal lands. Analyzing the potential effects of the administration’s policy, economists at

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Day 2: Rep. Haaland Goes Further, Says Federal Lands Moratorium Is Not A “Permanent Thing”

During the second day of her confirmation hearing to serve as Interior Secretary, Rep. Deb Haaland (D-N.M.) definitively said that the Biden administration’s “pause” on oil and natural gas permitting and leasing on federal lands won’t become a permanent policy. After again being repeatedly pressed by members of the U.S. Senate Energy & Natural Resources

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Rep. Haaland: Federal Lands Orders Are “Not A Permanent Ban”

The Biden administration’s orders on oil and natural gas leasing and permitting on federal lands are not permanent bans, according to Rep. Deb Haaland (D-N.M.), during day one of her confirmation hearing for Interior Secretary who said. Throughout the hearing, Rep. Haaland repeatedly told members of the Senate Energy & Natural Resources Committee that she

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Rep. Haaland’s Interior Secretary Confirmation Hearing: 6 Key Questions

The upcoming confirmation hearing for Rep. Deb Haaland (D-N.M.) to serve as Interior Secretary will put the spotlight on the Biden Administration’s bans on oil and natural gas leasing and permitting on federal lands. While the policy was sold as a temporary measure to allow for a review of the process, it’s become clearer the

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NM Oil Regulator: Biden Federal Permitting Halt Will Lead To More Flaring In the Permian

State government officials in New Mexico are urgently seeking clarity on the Biden Administration’s executive order on permitting for oil and natural gas development on federal lands, explaining that the uncertainty could undermine economic and environmental progress including the state’s initiatives to reduce flaring. E&E News reports that the state sent a letter to the

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Is There No Commitment To A “Just Transition”?

The early moves from the Biden Administration raise serious questions about the commitment to the so-called “just transition” for energy workers. The executive orders to cancel the Keystone XL pipeline and ban new leasing for oil and natural gas development on federal lands has resulted in tens of thousands of workers and hundreds of small

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