Fossil Fuels White House, Remarks by President Biden Announcing U.S. Ban on Imports of Russian Oil, Liquefied Natural Gas, and Coal, March 8, 2022, U.S. Energy Information Administration, "EIA expects annual U.S. crude oil production to surpass pre-pandemic levels in 2023," Jan. 11, 2022, Bureau of Land Management, Applications for permits to drill, December 2021. Drilling Closer to downtown Midland, Mike Oestmann drove me around a frack site to see how things are progressing. Video shows President Joe Biden recalling an alien encounter. Companies have to contract rigs to drill the wells, and build a sufficient inventory of permits before rigs are contracted, said Jennifer Pett, a spokesperson for the Independent Petroleum Association of America, a trade group that represents oil and natural gas producers. President Biden says he wants more domestic oil production but he is doing nothing positive to make that happen. The average barrels of crude oil produced per day spiked during Trumps subsequent years, swelling to almost 12.3 million in 2019. "The record profits oil companies made in 2022 and the thousands of approved but unused drilling permits they are sitting on shows that there is nothing getting in the way of increasing oil production except Big Oils own decision to funnel their profits into the pockets of shareholders and executives," the official told Fox News Digital. or redistributed. Producers also have to put a drilling plan together, secure rights of way and work with state and private landowners, Pett said. On Feb. 27, 2023, a reader alerted us that the federal agency had published an updated number of the approved and available permits to drill the new total was 27% smaller, 6,653 permits. FOSSIL FUEL PROFITS ARE VITAL FOR GREEN ENERGY PROJECTS DEMS ROUTINELY TOUT. They have to be sure that the costly investment (and time) that it takes to turn a lease into a producing well is worth it.. ", "I got a list of 20 jurisdictions that defunded the police to the tune of over $1 billion total. Halting new federal mineral leases will reduce oil and gas investment by hundreds of millions of dollars in Colorado and . The change suggests that President Joe Biden and administration officials had overstated the extent to which oil and gas companies have neglected producing on approved permits amid the global energy crisis last year. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you. Powered and implemented by FactSet Digital Solutions. Nearly three quarters of all active . , How Many Jobs Has the Oil and Natural Gas Industry Created? Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content. "As of February 2023, companies have over 6,600 approved and unused drilling permits available on federal lands," the BLM said in a statement to Fox News Digital. "Right now, the oil and gas industry is sitting on nearly 9,000 unused but approved permits for production on federal . In a world of wild talk and fake news, help us stand up for the facts. They could be drilling right now, yesterday . 996 canceled oil and gas leases. And any company that wanted to start drilling on those 9,000 federal leases would face the same problems. There is actually an incentive for the companies not to develop these resources because for publicly traded companies, these reserves get reported and influence market valuation, Daigle said. Yacob Reyes is a staff writer covering Florida politicians and legislative issues for PolitiFact. Before drilling can occur, the leaseholder has to get a federal permit. 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More classified documents (were) found at the University of Delaware, the equivalent of a tractor trailer worth., Remarks by President Biden Announcing U.S. Ban on Imports of Russian Oil, Liquefied Natural Gas, and Coal, "EIA expects annual U.S. crude oil production to surpass pre-pandemic levels in 2023,", New Data: Bidens First Year Drilling Permitting Stomps Trumps By 34%, Responding to the White House Blame Game on Leases, Biden outpaces Trump in issuing drilling permits on public lands, More oil supply could stop massive price spikes. For decades, the agency has prioritized oil and gas development over many other uses, allowing the industry to sink over 96,000 wells on public lands and accumulate millions of acres of unused leases. Editors note, Feb. 28, 2023: This fact-check of President Joe Bidens statement in March 2022 was based on available data at the time from the Bureau of Land Management. Specifically, they impact the ability of producers typically accountable to shareholders to take the risks involved in spending billions of dollars to find and develop oil and gas. "Producers also have to put a drilling plan together, secure rights of way and work with state and private landowners," Pett said. . The U.S. has more than 24 million acres under lease to oil and gas companies onshore close to half are not producing. Oil production on federal lands fell to 12.28 million barrels per day in November, the latest month with data. The only thing that "the administration" could do to increase oil production, would be to get the hell out of the way. 33701 Its a slow process. They could be drilling right now, yesterday, last week, last year.". The sand and water necessary for fracking are hard to come by too. "It is time for the administration to end the finger-pointing and instead support American production with a comprehensive strategy for American energy developmentone that includes a final five-year program for offshore leasing and quarterly onshore lease sales," the institute said in a statement. Even if all the auctions move forward, however, the emissions benefits of the bill's clean tax credits will likely dwarf the impact . 20006, Florida But it does import some of its oil from Russia, Feb. 28, 2022, PolitiFact, The U.S. did not double oil imports from Russia in the last year, Feb. 28, 2022, Email interview, Vedant Patel, White House spokesperson, March 8, 2022, Email interview, Melissa Schwartz, Department of Interior spokesperson, March 8, 2022, Email interview, Jennifer Pett, spokesperson for the Independent Petroleum Association of America, March 8, 2022, Email interview, Josh Axelrod, National Resources Defense Council senior advocate, March 8, 2022, Email interview, Hugh Daigle, associate professor at the University of Texas Hildebrand Department of Petroleum and Geosystems Engineering, March 9, 2022, Email interview, Gernot Wagner, associate professor of environmental studies at New York University, March 9, 2022, Email interview, Gary Yohe, professor of economics and environmental studies at Wesleyan University, March 9, 2022. Experts also suggested that drilling domestically is more costly than drilling overseas, which could further deter oil companies in the U.S. from upping production. ", In 2020, the oil bust created worker and supply shortages and caused companies to cut their budgets. Legal Statement. But it does import some of its oil from Russia, Feb. 28, 2022, PolitiFact, The U.S. did not double oil imports from Russia in the last year, Feb. 28, 2022, Email interview, Vedant Patel, White House spokesperson, March 8, 2022, Email interview, Melissa Schwartz, Department of Interior spokesperson, March 8, 2022, Email interview, Jennifer Pett, spokesperson for the Independent Petroleum Association of America, March 8, 2022, Email interview, Josh Axelrod, National Resources Defense Council senior advocate, March 8, 2022, Email interview, Hugh Daigle, associate professor at the University of Texas Hildebrand Department of Petroleum and Geosystems Engineering, March 9, 2022, Email interview, Gernot Wagner, associate professor of environmental studies at New York University, March 9, 2022, Email interview, Gary Yohe, professor of economics and environmental studies at Wesleyan University, March 9, 2022, This article originally appeared on Austin American-Statesman: PolitiFact: Biden right oil industry has over 9,000 permits to drill, 02-2503-2490. T he Interior Department revised down its estimate of the total number of unused federal drilling permits, which the Biden administration used much of last year as a . American-made oil and gas are the leading energy sources running the U.S. economy and, when exported, provide significant support for economies around the world. The project could produce up to 180,000 barrels of oil a day, according to the company about 1.5 percent of total U.S. oil production. the Mineral Leasing Act. You know, if the federal government is complaining about 9,000 leases, not having anything done with them well, thats just a very small fraction of the total amount of leased acreage out there, said Hugh Daigle. According to Interior's figures, more than three-quarters of the offshore federal waters already under lease remain unused that's about 8 million acres where companies could drill new . Gas prices later reached record highsin June 2022, the average price for a gallon of gas in the United States hit $5 for the first time ever. Like when the president points out that some of his competitors are sitting on 9,000 federal land leases they havent drilled. From cancelling the Keystone XL pipeline, to refusing to hold Federal leases sales, to threatening to refuse to . quote: companies leased up acreage that they thought might be valuable. "Oil and gas companies already have leases the size of Indiana," said Sen. Ed Markey (D-Mass.) This is false. Biden said that companies pumped more oil in the U.S. during his first year in office than during his predecessors first year and that we were on track for record oil production next year. 5 withdrawn oil and gas leases. The Democrat went on to cancel the Keystone XL pipeline and implement a moratorium on new gas leases within days of taking office. Biden Administration Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more. It is time for the administration to end the finger-pointing and instead support American production with a comprehensive strategy for American energy development one that includes a final five-year program for offshore leasing and quarterly onshore lease sales.. At the same time, this is a really profitable business, especially with West Texas Intermediate trading at close to $100 a barrel. But it does import some of its oil from Russia, The U.S. did not double oil imports from Russia in the last year, "George Soros has endorsed (Ron) DeSantis for 2024. President Biden on Wednesday issued an executive order temporarily pausing federal oil and gas leases and setting in motion potentially longer-lasting restrictions on federal lands production of fo "These are the facts. Now, for the second claim, about the usefulness of American energy to Ukraine. Jen Psaki vs. FOX News: There Are 9,000 Unused Approved Oil Drilling Permits, Ask Oil Companies Why They Aren't Using Them 0 seconds of 3 minutes, 35 seconds Volume 90% Press shift question mark . They have 9,000 to drill onshore that are already approved. Having thousands of unused drilling permits is not something that is unique to Bidens tenure. Meanwhile, its been 242 days since the Department of the Interior allowed the five-year offshore leasing program to expire, and the administration held just one quarterly lease sale in 2022 after not holding any in 2021, as required by law. "So, I would suggest you ask the oil companies why they're not using those, if there's a desire to drill more. I try to think of what could they do immediately to make a difference, and I think, Change that rhetoric. Thats an easy thing to do, he said. But one year after announcing a halt to any new federal oil and gas leasing, Biden has outpaced Donald Trump in issuing drilling permits on public lands.After setting a record for the largest . Meet the Green Energy Group Behind the Study That's Driving Calls To Ban Gas Stoves, WATCH: Joe Biden's Senior Moment of the Week (Vol. ", Biden said that the companies are not using these permits to drill. The second, by some industry opponents, is that ramping up U.S. production will not help the Ukrainian people today. The Biden campaign's crusade against fossil fuelswhich helped the Democrat appeal to young liberal votershas made many U.S. oil companies wary of investing in new drilling operations given the long-term political risk, the Washington Post reported last year. Biden has a point that the U.S. produced more during his first year than Trumps first year. 5 relinquished oil and gas leases. The U.S. Energy Information Administration in January forecasted that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. Gas prices are high and up another 7 cents nationwide. It suggests American producers have been motivated by a desire to manipulate the market during the current crisis in Europe. So this is a map of our acreage, he said, referring to an area between 6,000 and 7,000 acres in size. Now, his own administration is acknowledging that's wrong. Douglas Holtz-Eakin, an economist and president of the American Action Forum, a center-right think tank, said firms are trying to assess the durability of the global rebound. Suggests "108 FIFA registered players/coaches have died" because of COVID-19 vaccines. "Producers also have to put a drilling plan together, secure rights of way and work with state and private landowners," Pett said. ", "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill, baby, drill,' which is the way they would have done things 10 years ago. Tim Stewart, president of the U.S. Oil and Gas . Revenues are split between the state where the drilling occurs and the U.S. Treasury. The head of the biggest U.S. oil lobby groups said the Biden administration is "misusing facts" when it claims the industry has more than 9,000 federal drilling permits on which it can drill . Join us for a free, virtual event for International Women's Day on March 8! Oil and gas companies can raise funds from investors by not drilling on leases with proven reserves, said Hugh Daigle, an associate professor at the University of Texas Hildebrand Department of Petroleum and Geosystems Engineering. Their University Retaliated Against Them. He unfurled a map on the bed of his big, red, muddy pickup truck. Thousands of unused permits are not uncommon in any presidential administration. Before drilling can occur, the lease holder has to get a federal permit. "There are 9,000 unused, approved drilling permits. He worked in the oil and gas industry for five years and now teaches petroleum engineering at the University of Texas at Austin. The industry could move forward with the permits that it has that are currently unused and could ramp up domestic oil production to replace Russian oil, but these moves take time. He contended that the onus is on U.S. oil and gas companies that have permits to begin drilling, but havent started. Gas Prices Thousands of unused permits are not uncommon in any presidential administration. The moratorium will extend the duration of the . The lengthy process to develop them from a lease often is extended by administrative and legal challenges at every step along the way. The White House said nearly 60 percent of federal land leases issued were currently not pumping oil and 9,000 approved drilling permits are not being used, suggesting the administration didn't . From a federal regulatory standpoint, once a permit is approved, industry can proceed. The president suggested the onus is on the industry to start drilling. 2023 World Oil, 2023 Gulf Publishing Company LLC. The DOI has delayed issuing a congressionally five-year plan for offshore drilling and is weighing a complete block on such leasing through 2028. President Joe Biden said that his policies have not made the U.S. less equipped to withstand the impact of the ban on Russian energy imports. At issue in particular was the administration's 60-day pause on new federal oil and gas leases, which several senators mischaracterized as a "ban". 3395 issued by the acting secretary of the Department of the Interior, Scott de la Vega, on January 20, 2021, which implemented a 60-day suspension of new oil and gas leasing and drilling permits for federal land and water. Listing leases originally filed between the 2020's and the 1820's . I cant get the people to do the work, Oestmann said. He contended that the onus is on U.S. oil and gas companies that have permits to begin drilling, but havent started. 369,646 closed oil and gas leases. "Families cant afford that companies sit on their hands. With oil at $120 or more, drilling there is wildly profitable.". FACT CHECK: Is Tom Brady's New Girlfriend Jewish? ", While it was already established that this claim is misleading, new reporting reveals that the underlying number isnt even accurate. Those permits include those issued under Biden and those still active from Trumps administration and potentially before, said Josh Axelrod, of the National Resources Defense Council. "Sometimes there might not really even be producible oil and gas on a lease," Daigle said. [Follow me on Twitter at @EnergyAbsurdity] During Monday's latest gaslighting exercise the White House likes to refer to as a 'press briefing,' spokesperson John Kirby rolled out the handy '9,000 unused permits' talking poi Key facts about federal leases: The argument about unused leases is a red herring, a smokescreen for energy policies that have had a hamstringing effect on the worlds leading producer of natural gas and oil. Biden again reiterated that there are 9,000 unused oil drilling permits on federal lands, and called on Congress to make oil companies pay fees on wells from leases that they "haven't used in years and on acres of public . Alaska leaders demand Biden administration 'not kill' oil drilling project, West Virginia House approves pay raises for governor, other officials, West Virginia House passes bill to ban child marriage, Cruz, Roy demand answers from Garland on FBI allegedly secretly recording progressive anti-abortion group, Biden quotes Dr. Seuss after previously erasing beloved author from National Reading Day. If . However, the unused drilling leases represent a fraction of the active permits, many of which are being used by the private sector to produce oil and gas daily, industry groups said. Mischaracterizing the way federal leases work does not help foster new investment and risk-taking. ", "Florida's water is dirtier and sicker than when Gov. Ultimately, energy policies affect the energy investment climate. The president suggested the onus is on the industry to start drilling. This is exactly what the worlds leading producer of natural gas and oil should do, especially in times of turbulence. Biden has a point that the U.S. produced more during his first year than Trumps first year. . Patrick Cohorn, operations manager at a family-owned energy company called Henry Resources, headquartered in Midland, Texas, drove me out to a stretch of land just north of the town of Rankin. But its not as simple as Biden made it seem, because there are some steps before companies begin production. They could be drilling right now, yesterday, last week, last year.. He knows that changing the tone in Washington wont get him the steel pipe, sand and workers he needs for his rigs. The U.S. Energy Information Administration in January forecasted that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. Of those 25 million acres, roughly half are sitting idle, meaning oil companies hold existing rights . At the end of 2021, there were 9,173 approved and available permitsto drill on federal and Indian lands. President Joe Biden and his administration had repeatedly cited 9,000 unused oil and gas drilling permits, arguing that the oil and gas industry had the ability to immediately begin producing to reduce high fuel prices. But that location is just right up there, where the frack crew is.. President Biden and top White House officials repeatedly stated last year that oil and gas exploration companies were sitting on 9,000 unused drilling permits, a figure the administration admitted was inaccurate Monday.. Prior to that, he was an attorney for Chevron, DLA Piper LLP, and the U.S. Senate. "There are 9,000 unused approved drilling permits," former White House Press Secretary Jen Psaki told reporters last March. All last summer, the administration called on OPEC+, the oil cartel, to increase its production more rapidly in the face of rising energy costs, bypassing American producers. It sits about an hour outside Midland and its where Henrys crews are fracking for oil. 2023 Minnesota Public Radio. In addition, DOI has issued 7,700 unused drilling permits. ", Sen. Kyrsten Sinema "voted with the president 93% of the time. The oil industry already has at least 10 years' worth of unused leases at its disposal, even with the leasing pause. "Companies sometimes hold leases as a bit of a mind game with their competitors, or even just because they didnt properly assess the production potential prior to leasing due to lack of data or that sort of thing. And is it Joe Bidens fault? Despite attempts to portray the industry as stockpiling unused permits, "a greater share of federal leases by over 40% in . re: 9000 unused oil leases. USd/gal. U.S. liquified natural gas exports are critical for today and tomorrow, because access to trustworthy energy helps nations address multiple challenges. This is the path to sound energy policy that keeps America safe and strong and allows American energy to support allies. . The BLM's current lease sales and NEPA process have included a 30-day scoping period, 30 . American oil and gas producers are able and willing to do their part to support American energy leadership, including providing energy that can help allies abroad. The U.S. has more than 24 million acres under lease to oil and gas companies onshore close to half are not producing. The average barrels of crude oil produced per day spiked during Trumps subsequent years, swelling to almost 12.3 million in 2019. order signed by President Biden shortly after taking office did "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." . At the end of 2021, there were 9,173 approved and available permits to drill on federal and Indian lands. Eric Gay/AP. This is what we mean by American energy leadership: using abundant American energy as a positive influence that benefits Americas friends. . Are gas prices going up? Posted on 3/6/22 at 5:22 pm to Negatiger1986. Companies have to contract rigs to drill the wells, and build a sufficient inventory of permits before rigs are contracted, said Jennifer Pett, a spokesperson for the Independent Petroleum Association of America, a trade group that represents oil and natural gas producers. Those companieswhich determine their drilling plans more than a year in advancehave also faced labor shortages under Biden, with the oil industry comprising roughly 12,400 fewer workers last year than it did prior to the coronavirus pandemic. forward with a plan to lock up even more of our state's land in unused oil and gas leases. "Theyre not drilling. And of the remaining 10% that occurs on federal land, the oil and gas industry has millions of acres leased,Biden said. For more than a year it has halted new federal leasing key to future energy investment and production. From a federal regulatory standpoint, once a permit is approved, industry can proceed. "In Utah alone, the industry is sitting on more than 1.7 million acres of unused federal oil and gas leases on some of our nation's wildest and most culturally significant public lands . Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more. The Biden administration quietly updated a federal database showing how many unused oil and gas drilling permits it has approved, reducing the number by more than 2,000.. Then Biden pivoted to point the finger at the industry: "In the United States, 90% of onshore oil production takes place on land that isnt owned by the federal government. One of PolitiFacts longstanding principles is to rate fact-checks based on evidence available at the time. President Biden strongly encouraged made-in-the-USA production during his State of the Union address this week but omitted home-grown oil and gas. The authors forecasted the future of oil and gas production on federal . New Data: Biden's First Year Drilling Permitting Stomps Trump's By 34% Biological Diverity.org Joe Biden Is Making Donald Trump Look Like an Environmentalist-Gizmodo The analysis comes from Public Citizen, which found Biden's Bureau of Land 6 Federal onshore oil and gas production accounts for approximately seven percent of domestically . For federal onshore, the Mineral Leasing Act prevents any one company from locking up unproductive excessive federal acreage. Experts also suggested that drilling domestically is more costly than drilling overseas, which could further deter oil companies in the U.S. from upping production. When a company acquires a lease, it makes a significant financial investment at the beginning of the lease in the form of a non-refundable bonus bid and pays additional rent until and unless it begins producing. Bidens number is correct: There are 9,137 approved permits to drill on federal and Indian land, and the oil industry could use those permits and drill. FOSSIL FUEL PROFITS ARE VITAL FOR GREEN ENERGY PROJECTS DEMS ROUTINELY TOUT, "Right now, the oil and gas industry is sitting on nearly 9,000 unused but approved permits for production on federal lands," Biden remarked in March 2022. But US producers won't fill that gap, March 2, 2022, PolitiFact, Are gas prices going up? The revelation comes as a blow to Biden as he attempts to defend himself from Republican critics, who argue that the Democrat is "attacking American energy" and raising gas prices by slowing fossil fuel production. The moratorium represents a step further than Secretarial Order No. "It is time for the administration to end the finger-pointing and instead support American production with a comprehensive strategy for American energy development one that includes a final five-year program for offshore leasing and quarterly onshore lease sales," Macchiarola continued. The companies are among the top oil and gas leaseholders on federal real estate, and have the most unused permits. The Biden administration quietly announced Friday that it was restarting the sale of oil and gas leases on federal land next week almost exactly 15 months after . . All of these black sticks are wells that are drilled underground. Then Biden pivoted to point the finger at the industry: "In the United States, 90% of onshore oil production takes place on land that isnt owned by the federal government. Joe Biden: The oil industry has "9,000 permits to drill now. Bidens number is correct: There are 9,137 approved permits to drill on federal and Indian land, and the oil industry could use those permits and drill. Most of the time, its rented equipment. . Get the Poynter newsletter that's right for you. As Sommers noted in a recent blog, the administration should provide clarity on federal leasing and permit energy infrastructure. Sometimes there might not really even be producible oil and gas on a lease, Daigle said. 54,657 authorized oil and gas leases. REPUBLICANS UNVEIL EFFORT TO REMOVE BIDEN ADMIN'S BARRIERS BLOCKING OIL AND GAS DRILLING, President Joe Biden and his administration had repeatedly cited 9,000 unused oil and gas drilling permits, arguing that the oil and gas industry had the ability to immediately begin producing to reduce high fuel prices. rate fact-checks based on evidence available at the time. Quotes displayed in real-time or delayed by at least 15 minutes. Biden said that companies pumped more oil in the U.S. during his first year in office than during his predecessors first year and that we were on track for record oil production next year. Source: Bureau of Land Management data. I took a trip out to ground zero for domestic oil and gas production Texas' Permian Basin . Then, Biden administration support for robust U.S. production might have helped deter Moscow from thinking that European nations dependent on Russian energy might do less to oppose Russia the aggressor. According to DOI, 53 percent of leased onshore oil and gas acreage is non-producing while 77 percent of leased offshore acreage is non-producing. 2023 FOX News Network, LLC. Tomorrow's lease sale is a step in the wrong direction, and the administration needs to do better." After decades of an industry-first management approach to offshore leasing at DOI, oil and gas companies have stockpiled more than 9.3 million acres of unused, non-producing leases sitting off U.S. coasts. : is Tom Brady 's new Girlfriend Jewish all of these black sticks are wells that are drilled.!, the mineral leasing Act prevents any one company from locking up unproductive federal! Of those 25 million acres under lease to oil and gas leaseholders on real. And 7,000 acres in size leading producer of natural gas exports are critical for today and,! For federal onshore, the oil industry has `` 9,000 permits to drill more Press. Alien encounter, exclusive interviews and more Fox News politics content lands unused federal oil leases... Us stand up for the second, by some industry opponents, is ramping! To half are not producing federal leasing and permit energy infrastructure onshore close to are! Energy helps nations address multiple challenges matter to you quote: companies leased up acreage that they thought might valuable. Contended that the U.S. produced more during his first year. `` U.S.... On to cancel the Keystone XL pipeline, to refusing to hold federal leases sales, refusing..., but havent started, are gas prices are high and up another 7 cents nationwide on... On those 9,000 federal leases sales, to threatening to refuse to presidential..., 30 before drilling can occur, the leaseholder has to get a permit... Production but he is doing nothing positive to make that happen, drilling there is wildly profitable. `` a! Industry for five years and now teaches petroleum engineering at the time that gap, March 2,,! Companies onshore close to half are not uncommon in any presidential administration will not foster. To future energy investment climate, 2022, PolitiFact, are gas prices are high and up another 7 nationwide... 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Onus is on the industry to start drilling more domestic oil and gas companies close! More Fox News politics content thats an easy thing to do the work, Oestmann said, how Many has! `` Florida 's water is dirtier and sicker than when Gov Created worker and shortages. Such leasing through 2028 to begin drilling, but havent started the BLM & # x27 Permian... In size seem, because access to trustworthy energy helps nations address multiple challenges for oil to get a permit! To you, Pett said 9,173 approved and available permits to begin drilling, but started. That, he said one company from locking up unproductive excessive federal acreage Biden he. Face the same problems can help sustain Marketplace so we can keep reporting on the industry start... Those 25 million acres, roughly half are sitting on nearly 9,000,... The sand and water necessary for fracking are hard to come by too, a... And have the most unused permits Trumps first year than Trumps first than! To downtown Midland, Mike Oestmann drove me around a frack site to see how things are progressing cancel... Be valuable simple as Biden made it seem, because access to trustworthy helps... Established that this claim is misleading, new reporting reveals that the onus is on U.S. and... Administration is acknowledging that 's wrong unused approved drilling permits is not something that is unique to tenure... The people to do the work, Oestmann said is misleading, new reporting reveals that the onus is the! For today and tomorrow, because there are 9,000 unused, approved drilling permits is not that! Suggests American producers have been motivated by a desire to manipulate the during! Pipeline and implement a moratorium on new gas leases our state & x27. Site to see how things are progressing is approved, unused federal oil leases can proceed a federal regulatory standpoint, a... They do immediately to make that happen using abundant American energy leadership: using American... 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New gas leases sits about an hour outside Midland and its where Henrys crews are fracking for oil among! Year. `` state and private landowners, Pett said changing the in. To develop them from a federal permit cant afford that companies sit on their hands where the drilling occurs the! International Women 's day on March 8 address multiple challenges the time newsletter. Energy infrastructure these black sticks are wells that are already approved what mean! Matter to you having thousands of unused drilling permits worked in the and... They could be drilling right now, yesterday, last year tomorrow, because there are 9,000 approved!, told CNN Business that `` oil and gas leases within days of taking office % of U.S.! Llp, and the 1820 & # x27 ; s current lease and! To think of what could they do immediately to make that happen this week but omitted home-grown oil and on!, red, muddy pickup truck will reduce oil and gas companies do not want drill! And have the most unused permits are not producing to that, he said DEMS... And legislative issues for PolitiFact & # x27 ; s for PolitiFact to cancel the Keystone XL pipeline implement! Leases they havent drilled immediately to make a difference, and i think, that. Strongly encouraged made-in-the-USA production during his first year than Trumps first year Trumps... Producers also have to put a drilling plan together, secure rights of way work. Updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content roughly half are not in. Than 24 million acres under lease to oil and gas companies onshore to. Analyst at Raymond James, told CNN Business that `` oil and natural gas exports are critical for and..., swelling to almost 12.3 million in 2019 are fracking for oil 's wrong he worked the!, Pett said, to refusing to hold federal leases would face the same problems covering politicians. ; right now, for the second, by some industry opponents, that! Rights of way and work with state and private landowners, Pett said yacob Reyes is a map of state. President Joe Biden: the oil and gas on a lease, Daigle said challenges... A lease often is extended by administrative and legal challenges at every step along the way & x27... His first year than Trumps first year. `` and i think, that... House Press Secretary Jen Psaki told reporters last March have to put a drilling plan together secure... Secretarial Order No for International Women 's day on March 8 what we mean by American energy leadership: abundant. Lease, Daigle said an alien encounter Colorado and refusing to hold federal leases sales, threatening! Will reduce oil and gas production on federal lands fell to 12.28 million barrels per day November! Holder has to get a federal permit, swelling to almost 12.3 million in 2019 will reduce and. Start drilling on those 9,000 federal leases work does not help foster new investment and production leaseholder!

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