Jan 27, 2021 IPAA: “Don’t Be Fooled. This is a Ban on Production”
‘Build Back Better’ was simply campaign rhetoric
WASHINGTON, D.C. – In response to the Biden Administration’s executive order directing the Department of Interior to halt new oil and natural gas leases on public lands and waters, the Independent Petroleum Association of America (IPAA) released the following statement:
Dan Naatz, IPAA SVP of Government Relations and Political Affairs: “In his first week in office, President Biden has already shown that his campaign theme to “Build Back Better” was simply campaign rhetoric. In the latest blow to American oil and natural gas producers, the Biden Administration announced it is placing an indefinite halt on new oil and natural gas leases on federal lands and waters. However, do not be fooled, this is a ban. Federal lands and waters together accounted for 22% of total U.S. oil production and 12% of U.S. natural gas production in 2019, according to the Energy Information Administration. The Biden Administration’s plan to obliterate the jobs of American oil and gas explorers and producers has been on clear display with cancellation of the Keystone XL Pipeline, the initial announcement of a 60-day freeze on federal leasing and permitting, and now this.
“On Monday, President Biden issued an executive order “Strengthening Buy American Provisions, Ensuring Future of America is Made in America by All of America’s Workers.” This latest order, made in the name of protecting the environment, does the opposite – it will only shift jobs and energy production to Saudi Arabia and Russia, which have far less-stringent environmental controls than America.”