A moratorium is just a ban by another name.
WASHINGTON DC (January 22, 2020) – The American Energy Alliance (AEA) is the country’s premier pro-consumer, pro-taxpayer, and free-market energy organization. Thomas Pyle, AEA’s president, released the following statement in response to the announcement that the Department of the Interior would place a 60-day moratorium on oil, natural gas and coal development on America’s federal lands. The freeze will apply to permits, leases, easements and federal land management plans.
“Many questioned then candidate-Biden’s extremity and couched him as ‘reasonable,’ even allowing him to walk back his statements about bans on fracking or generalizing them as restrictions, but not bans. What more do you need? Biden is two-for-two after day two of his new administration and their war against affordable, American-made energy that supports millions of workers and even more families.
“Despite him literally saying he’d do it, many doubted how aggressive President Biden would be on stopping America’s energy production. Here’s your proof. Sixty days will only be the beginning. A moratorium is simply a ban by another name.”
A federal ban on drilling would hamper oil and gas production across much of New Mexico, North Dakota and Wyoming—three of the nation’s largest oil and gas producing states, as well as offshore in the Gulf of Mexico, which produces 2.3 million barrels of oil and gas per day. For perspective, the U.S. owns 2.46 billion acres of subsurface mineral estate between its onshore and offshore public lands, which is larger than the entire landmass of the United States. All of this will be off limits in President Biden’s latest effort to stop American energy development.
Additional Resources:
- On Day One, Biden Sets American Economy, Energy Security Back Decades
- AEA Joins Coalition to Stop the Federal Land Grab
- Biden Bows To ‘Keep It In The Ground’ Activists
- The Insane Cost Of Biden’s Fracking Ban
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