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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Will Bennet and Hickenlooper Speak Out On Federal Lands Ban?

It’s been weeks since the Biden administration temporarily removed the authority of approving permits from career Bureau of Land Management staffers here in Colorado and placed an indefinite moratorium on oil and natural gas leasing on federal lands. There has since been swift and critical reaction around the country to these orders that will cost

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Report: Oil & Gas Development on Federal Lands Contributes $1.5 Billion to New Mexico Budget

Amid mounting criticisms of President Biden’s executive order last week indefinitely halting new oil and natural gas leases on federal lands and waters, leaders across party aisles are concerned the executive order will jeopardize critical funding for states. That’s especially true for New Mexico, which accounts for nearly 60 percent of federal onshore oil production.

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Federal Leasing Ban Would Be Completely Counterproductive

George StarkDirector, External AffairsCabot Oil & Gas … .. [Editor’s Note: The proposed Federal leasing ban would be completely counterproductive both environmentally and economically.] In September 2020, the American Petroleum Institute (API) introduce a report addressing the impact of a ban on federal leasing in the United States. Their analysis explains the burdens that a leasing and development ban

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Rep. Diana DeGette Pushes Duplicative Regulations…Again

The same Congresswoman who for years attempted to pass a federal bill commonly referred to as the “FRAC Act” is back with yet another piece of duplicative oil and natural gas legislation that further exemplifies a push towards fringe policies that don’t reflect the latest technology and data. Rep. Diana DeGette, a senior Democrat from

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