In one of the House Committee on Natural Resources’ first oversight hearings, a subcommittee held a hearing focused on restoring American energy dominance through offshore oil and natural gas development – highlighting the continued shift in tone in the new Congress and Administration. Witnesses and members of Congress pointed out the myriad benefits of a
Read More...Trade groups including the Independent Petroleum Association of America (IPAA) and the American Petroleum Institute (API) submitted comments this week to the Bureau of Ocean Energy Management (BOEM) urging the Biden administration to remove continued barriers to offshore energy production. Arguing that offshore leasing in the Gulf of Mexico (GOM) is critically important to American
Read More...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
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