Tag: oil and gas development

The Biden-Harris administration’s Environmental Protection Agency (EPA) has finalized a federal methane tax for oil and gas drilling operations, set to take effect next year. This rule is part of the broader Inflation Reduction Act, which was passed by Democrats and saw Vice President Harris casting the decisive vote. The new regulation imposes a fee on oil […]

The Biden administration has been active over the past month in producing policies to put future domestic oil and gas production on public lands in jeopardy. Specifically, he has proposed removal of 13 million acres from the National Petroleum Reserve—Alaska, finalized policies that increase the cost of producing oil and gas on federal land, and […]

  The International Energy Agency (IEA) released its 2012 edition of the World Energy Outlook (WEO) this week and proclaims “North America leads shift in global energy balance.” This should come as no surprise to many familiar with the vast amount of natural resource potential that Americans are blessed with and the new energy revolution […]