Exclusive: Industry leaders react to proposed federal lands restrictions
Of particular interest to the oil, gas and petrochemical industry is the following inclusion:Â Â Â
âThe order directs the Secretary of the Interior to pause on entering into new oil and natural gas leases on public lands or offshore waters to the extent possible, launch a rigorous review of all existing leasing and permitting practices related to fossil fuel development on public lands and waters, and identify steps that can be taken to double renewable energy production from offshore wind by 2030.â   Â
But according to Stephen Waguespack, president and CEO of the Louisiana Association of Business and Industry, a prohibitive ban on the U.S.âs federal lands will not deter global demand for energy.
The claim: Biden is banning fracking
A Jan. 25 Facebook post denounced fact-checkers for misjudging a Trump campaign talking point about President Joe Biden putting an end to fracking.
The post is a meme that compares a headline from a Washington Post fact-check article published in October to a Jan. 20 piece in conservative opinion website Townhall written by Katie Pavlich.
Underneath Facebook post s headline is the comment And look what Biden is doing, with arrows pointing down to Pavlich s article headline, Biden Administration: Yes, We Are Following Through With a Fracking Ban to refute that false rating. Where have those fact checkers gone anyways, the post caption states.
THOMAS CATENACCI CONTRIBUTOR Major trade unions including North America’s Building Trades Union and the International Brotherhood of Teamsters, which en
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.