President Biden’s recent efforts to curb offshore drilling through stringent Bureau of Ocean Energy Management (BOEM) bonding requirements have stirred controversy. While the stated intent is to safeguard taxpayer interests, the $7 billion mandate will devastate small and mid-sized producers in the Gulf of Mexico’s Outer Continental Shelf. Josh Sherman remarks, “The purpose of the rule is to protect the major and large independent offshore oil and gas companies (not the U.S. taxpayer).” Read the Forbes article here: https://bit.ly/3KQsxoI Check out the full cost-benefit analysis by Josh Sherman, Steve Hendrickson, and Darren Busch on our website. https://bit.ly/3VpJriM #ClimatePolicy #Energy #EconomicImpact
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The Biden administration has finalized a 20-year ban on new oil and gas drilling on over 220,000 acres of federal lands within Colorado's Thompson Divide, Politico’s E&E news reports. The decision, which involves mostly Forest Service land and about 15,000 acres managed by the Bureau of Land Management, is part of President Biden's broader initiative to protect 30 percent of the nation's lands and waters by 2030. The ban reflects a growing trend in public land management, with such restrictions expected to become more common, potentially shuttering certain regions to new drilling. #land #landmanagement #aapl #energyland #oil #gas #upstream
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❌ 🛢 Take action: Tell the Biden administration not to go forward with new offshore lease sales. For too long, the fossil fuel industry has conducted offshore drilling operations in our waters—with devastating consequences. Recently, the Biden administration announced a schedule for new offshore oil and gas lease sales over the next five years. Instead of discontinuing dirty and dangerous offshore oil and gas leasing, the 2024-29 schedule allows up to three new lease sales. The good news? While the 2024-2029 schedule allows up to three new lease sales, it doesn’t REQUIRE them. The Biden administration can still choose not to hold any new lease sales at all. . . #OilAndGas #Oil #Gas #Drilling #OffshoreDrilling #OffshoreWind #Biden #PresidentBiden
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The attempt to reverse commonsense reforms to the federal oil and gas program is an attack on every American. Before these reforms, oil and gas companies paid outdated production rates and avoided responsibility for the expenses of cleaning up their environmental impact after drilling on public lands. The burden of these costs fell on the rest of us, amounting to billions of dollars. Let’s defend the oil and gas rule. Sign this petition today: https://ow.ly/hn2750SNEOR. #ReformLeasing #OilandGas #Oilandgasreform #Conservation #Publiclands
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Common-sense oil & gas reform from @POTUS & @SecDebHaaland will: ✅Increase fair returns to taxpayers for drilling & leasing on #PublicLands ✅Ensure companies – not taxpayers – pay to #CleanUpOilWElls ✅Protect our public lands & resources from harmful drilling + speculative leasing
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SHEQ Influencer... Retired SHEQ Assurance & CDM Compliance Advisor at National Grid Ventures Viking Link Interconnector Project [Retirement Status 16/06/22] [Widower 20/03/22]
https://lnkd.in/gJFBYJQV Oil and gas will power Britain for decades to come... Gives the Government a chance at achieving the bulshit Net Zero targets...
‘Oil and gas will power Britain for decades to come’
telegraph.co.uk
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BIDEN ADMINISTRATION SEEKS INPUT ON ADDING MORE PROTECTION Biden Administration Mulls More Alaska Drilling Protections https://hubs.la/Q02GM2V30 The Biden administration is seeking input on whether to add more areas for protection from oil and gas drilling in Alaska’s National Petroleum Reserve, the Interior Department’s Bureau of Land Management announced on Friday. #bidenadministration #biden #drilling #landmanagement #energyindustry #petroleumreserve #oilandgasindustry
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"As global efforts have been made to reduce offshore drilling and create a greener planet, the Biden administration will offer the fewest oil and gas lease sales in U.S. history — a limited but significant reversal from President Joe Biden's campaign rhetoric, during which he called for a complete ban on drilling if elected. Key Facts The Department of the Interior (DOI) published a long-awaited plan Friday for offshore leases, outlining three offshore oil and gas lease sales over the next five years—the lowest number of sales ever proposed by the U.S. government. The Biden administration’s plan will not include any sales in 2024 and only up to three lease sales in the Gulf of Mexico in 2025, 2027 and 2029. Despite his early campaign promise in 2020 to stop drilling on federal lands, the Biden administration hasn’t followed through due to already existing laws requiring the DOI to offer 60 million acres for offshore oil and gas before it issues a lease for offshore wind development. The new plan does not include lease sales in the Atlantic or Pacific oceans, or Alaska—even though Alaska was initially being considered. The newly announced plan prevents new offshore leasing outside the Gulf of Mexico and is a plan that The American Petroleum Institute labels as “restrictive.”..." #OffshoreDrilling #OffshoreLeases #BidenAdministration #OilAndGas #ban #Interior #DOI #GulfOfMexico #API #IRA #FederalGovernment #DeepwaterHorizon
Biden Relents On Offshore Drilling —But Offers Fewest Leases Ever
forbes.com
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JUDGE PAUSES WYOMING OIL AND GAS DRILLING LEASES Judge Pauses Wyoming Oil and Gas Drilling Leases Pending Review https://hubs.la/Q02H8MXB0 A federal judge has ordered the U.S. Bureau of Land Management to pause approving new permits to drill for oil and gas on nearly 120,000 acres of federal land in Wyoming until it finishes reevaluating the environmental impacts of a lease sale. #judge #oilandgasindustry #drillinglease #drilling #oilandgas #energyindustry #energynews
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The oil and natural gas industry in Oklahoma is ripe with innovation and technological advances. Every day, scientists and engineers are working to make drilling more efficient so we can keep powering the state while protecting our land.
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Hydraulic fracking and horizontal drilling have revolutionized U.S. oil and gas extraction. (And they’ve played a massive role in the economy) Yes, environmental concerns are critical, but the economic impact of these techniques is undeniable. Balancing environmental protection with these economic benefits is key to maintaining America's energy leadership. Where do you think the balance lies? #OilAndGas #Fracking
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