Biden Bans All New Oil and Gas Leases on Federal Lands and Offshore Waters

oil and gas

As if 70,000 jobs already killed weren’t enough, an Executive Order on Wednesday will likely kill even more. Today he issued an EO that bans all new oil and gas leases on Federal lands and offshore waters.

“I am not banning fracking. Let me say that again: I am not banning fracking.”

“No, I would not shut down this industry.”

“I said I would not do any new leases on federal lands. Ninety percent of the leases are not on federal land, to begin with. I would make sure … the water is not being contaminated. But I would not shut it down, no.”

Joe Biden via Breitbart

As with most of Biden’s Executive Orders, this one has a huge job-killing component.

The Department of Interior released a statement via email that read in part:

HITTING PAUSE ON NEW OIL AND GAS LEASING

“The Executive Order will direct the Department of the Interior to pause new oil and natural gas leasing on public lands and offshore waters, concurrent with a comprehensive review of the federal oil and gas program. The targeted pause does not impact existing operations or permits for valid, existing leases, which are continuing to be reviewed and approved. The order does not restrict energy activities on private or state lands, or lands that the United States holds in trust or restricted status for Tribes or individual Indians.”

“The President’s action will provide a chance to review the federal oil and gas program to ensure that it serves the public interest and to restore balance on America’s public lands and waters to benefit current and future generations. Fossil fuel extraction on public lands accounts for nearly a quarter of all U.S. greenhouse gas emissions. Irresponsible leasing of public lands and waters impacts communities’ access to clean air, clean water, and outdoor recreation; carves up important wildlife habitat; and threatens cultural and sacred sites. Multiple bills in Congress have been introduced in recent years to reform the outdated program, including those to better ensure the public is not shut out of land management and leasing decisions; to address the mounting cleanup and remediation costs of orphan wells scattered across the country; and to provide a fair return to taxpayers for the use of their resources.”

The oil and gas industry has stockpiled millions of acres of leases on public lands and waters.

  • Onshore, of the more than 26 million acres under lease to the oil and gas industry, nearly 13.9 million (or 53%) of those acres are unused and non-producing.
  • Offshore, of the more than 12 million acres of public waters under lease, over 9.3 million (or 77%) of those acres are unused and non-producing.
  • Onshore and offshore, the oil and gas industry is sitting on approximately 7,700 unused, approved permits to drill…”

“As part of President Biden’s efforts to Build Back Better and pursue a clean energy future, the administration has committed to making investments to create millions of family-supporting and union jobs in clean energy generation, land restoration, abandoned mine cleanup, plugging of orphan oil and gas wells, energy efficiency, clean transportation, advanced manufacturing, and sustainable agriculture across America. Today’s Executive Order will call for the Interior Department to identify steps to accelerate responsible development of renewable energy on public lands and waters, including setting a goal to double renewable energy production from offshore wind by 2030. The Department will immediately begin a review of processes and procedures to date as it re-invests in a rigorous renewable energy program.”

“It also calls for the establishment of a new Climate Conservation Corps Initiative to put a new generation of Americans to work conserving and restoring public lands and waters, increasing reforestation, increasing carbon sequestration in the agricultural sector, protecting biodiversity, improving access to recreation, and addressing the changing climate.”

Here are some of the problems with statements by the Biden Administration cheerleaders:

Why have the oil and gas companies “stockpiled” leases? When one are fails to produce enough oil and gas, they move on to another. This Executive order effectively removes the future for the industry.

As we have written before, “green jobs” go nowhere fast. The companies that have them tend to go bankrupt. That includes their so-called “family-friendly high paying jobs.” Having the federal government pick up the tab for all green industries is not a feasible fiscal choice, but one that Democrats espouse.

Wind power, as we have previously mentioned does not produce strong enough electricity for full reliance. And it kills wildlife. Where’s PETA when you need ’em?

There are plenty of Superfund sites to clean up, the last count was 1,344 with more to be added. It can take 5-8 years to clean them up. So workers would have 5-8 years of employment. The working population of the United States is around 157.26 million and all need a living wage.

current superfund sites

Biden’s plan to get to “zero emissions by 2025” is not just unrealistic, it’s foolish. Higher taxes, more regulations, less jobs, destruction of private businesses, it’s all the agenda of the globalists. Buckle up. This is going to cost every American dearly.

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Featured photo: White House photo (labelled “Joe-hero”). We think not.

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