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The Biden Administration continues to implement policies detrimental to domestic energy production and our energy security.
- Administration refuses to challenge court ruling invalidating the November 2021 offshore lease sale (February 28, 2022)
- FERC posts policy statements that throw new burdens as well as increase costs and timelines into the development of natural gas projects (March 1, 2022)
- SEC announces Mandatory Climate Disclosures targeting oil and natural gas companies crippling rule costly a massive overhaul to the reporting requirements for emissions in every aspect of a company’s operations (March 21, 2022)
- White House releases FY2023 budget which includes 11 tax increases on the oil and natural gas industry (March 31, 2022)
- President Biden encourages Congress to pass legislation to apply fees to unused oil and natural gas leases on Federal lands (March 31, 2022)
- Interior announces increase in royalty rates of almost 50% and an 80% reduction in available acreage for lease on Federal lands (April 15, 2022)
- CEQ finalizes NEPA rule adding new environmental requirements, lengthening project review timelines and increasing costs (April 19, 2022)
- White House Climate Advisor Gina McCarthy says “President Biden remains absolutely committed to not moving forward with additional drilling on public lands.” (April 20, 2022)
- U.S. Climate Envoy John Kerry says “no one should make it easy for the gas interests to be building out 30- or 40-year infrastructure” (April 21, 2022)
- BLM removes millions of acres of land for potential oil and natural gas leasing at the National Petroleum Reserve Alaska (April 25, 2022)
- Interior cancels planned oil and gas lease sale in Cook Inlet, Alaska (May 11, 2022)
- EPA proposes amendment to Clean Water Act which would allow states to stall oil and natural gas pipeline projects for extended periods of time (June 2, 2022)
- U.S. Climate Envoy John Kerry says “You have this new revisionism suggesting that we have to be pumping oil like crazy, and we have to be moving into long-term [fossil fuel] infrastructure building, which would be absolutely disastrous … we have to push back, and we have to push back hard.” (June 7, 2022)
- White House Climate Advisor Gina McCarthy says “As we transition to clean energy we need less and less investments in fossil fuels” (June 9, 2022)
- EPA releases potential plans to designate the Permian basin non-attainment zone (June 29, 2022)
- DOI releases updated five-year leasing plan with scaled back auction opportunities (June 30, 2022)
President Biden can take simple steps to encourage domestic production and energy prices. Open up leasing on federal lands, streamline permitting processes, encourage and expedite infrastructure and natural gas export approvals and end the negative rhetoric discouraging industry investments.
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