Biden halts oil and gas leasing on federal land Print this article
President Biden took a step Wednesday toward fulfilling a major campaign promise by imposing a pause on new oil and gas leasing on federal lands and waters.
The move sets up a major conflict with the oil and gas industry that has been wounded from the coronavirus pandemic but was expecting demand for fuels to rebound. But Biden is pleasing climate change activists who pressured him to begin aggressively moving the country off fossil fuels.
Biden’s action goes further than an order issued by the Interior Department last week to stop giving new leases for fossil fuel production on federal lands or waters for at least 60 days unless top political appointees approve it.
The Energy 202: Today is Biden s Climate Day. Here s what to expect. Dino Grandoni
with Alexandra Ellerbeck President Biden is preparing a slew of executive orders Wednesday building out the new administration s agenda for tackling climate change, in what is being dubbed “Climate Day. The moves on drilling for oil and gas, conserving nature and addressing the racial and economic disparities of pollution fulfill several campaign promises. They are meant to put the United States on the path to net-zero emissions by the middle of the century and come off the heels of Biden moving to rejoin the Paris climate accord and nix the Keystone XL pipeline on his first day in office.
U.S. chamber of commerce condemns federal leasing ban By Craig Fleming on 1/27/2021
WASHINGTON D.C. In response to the Biden Administrationâs announcement that the Department of Interior will ban any oil and natural gas authorizations on federal lands and waters, U.S. Chamber of Commerce Global Energy Institute President Marty Durbin said, âThere is never a good time to disrupt domestic energy production, especially during a pandemic, but doing so at a time when our nation is in need of economic recovery is especially counter-productive and short-sighted. Halting production wonât halt demand for the energy we need, and the products we depend on. The U.S. oil and gas industry is the worldâs leader in production and environmental stewardship, and now is not the time to increase our dependence on foreign sources. It also is not the time to harm American workers and consumers.â Approximately 22% of U.S. oil production comes fr
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Jan 27, 2021
Bidenâs Pause On New Oil And Gas Leasing âWill Not Significantly Impactâ The Industry
The executive order, part of a suite of climate actions, could set the stage for bigger policies down the road.
By Alexander C. Kaufman and Chris D Angelo
On Wednesday, President Joe Biden is set to temporarily suspend all new oil and gas leasing on federal lands pending an administrative review, part of an early blitz of executive orders seeking to undo former President Donald Trumpâs denialist legacy on climate.Â
Although the move is a first step toward Bidenâs campaign promise to ban new drilling leases, it is more of a political statement, experts say, than a policy change. The pause will have little immediate effect on an industry that stockpiled federal leases and permits to drill on public lands and waters in the final weeks of the Trump administration.Â
Keystone XL pipeline halted as Biden revokes permit ROB GILLIES, Associated Press Jan. 20, 2021 TORONTO (AP) Construction on the long disputed Keystone XL oil pipeline halted Wednesday as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of…