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
Updated
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…
Trudeau, Biden to discuss US halting of oil pipeline chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Biden Revokes Keystone XL Pipeline Permit; Construction Halted By Rob Gillies | January 22, 2021
Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 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 oil a day from Alberta to the Texas Gulf Coast, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma.
“The Permit is hereby revoked,” Biden’s executive order says. “Leaving the Keystone XL pipeline permit in place would not be consistent with my Administration’s economic and climate imperatives.”