News World

14 states sue Biden admin over oil and gas leasing pause

Biden administration warns China hopes for US debt 'chaos'
Source: Pixabay

A total of 14 states sued Biden’s administration Wednesday over its pause of new oil and gas leasing on federal lands, a report published by The Reuters.

14 States to sue Biden on oil & gas leasing on Federal lands

Louisiana leading the group of 13 states filed one suit on Wednesday while Wyoming filed its own lawsuit separately. The states which joined Louisiana’s suit included Alabama, Alaska, Arkansas, Georgia, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah, and West Virginia.

The suit particularly calls for an order to go ahead with a suspended oil and gas leases in the Gulf of Mexico. Sales had been scheduled there for March 17 but then canceled. And a lease sale had been planned in Alaska’s Cook Inlet for the year 2021.

“Biden’s Executive Orders abandon middle-class jobs at a time when America needs them most and put our energy security in the hands of foreign countries, many of whom despise America’s greatness,” according to Louisiana Attorney General Jeff Landry (R).

The lawsuit states that coastal states earn crucial revenue from the onshore and offshore oil and gas business. Banning leases would result in a decline in revenue that is helpful for Louisiana to restore coastal wetlands and increase energy prices. Also, it may cause severe job issues in oil-producing states.

Biden’s executive order breached the Outer Continental Shelf Lands Act and the Mineral Leasing Act. Both declare Congress’s plan to utilize U.S. resources for gaining energy independence, the lawsuit alleged.

Companies still have undeveloped leases

Biden’s admin has insisted that companies still own sufficient undeveloped leases. In Western states, it is around 14 million acres and over 9 million acres offshore. The officials have refused to comment on the time period of the ban on lease sales.

Twelve states sued the Biden administration over its climate policies on March 8. After a day, two states sued the government over its immigration policies.

A group of 21 Republican attorneys general announced legal action against the Biden administration. They asked for a clear stance of the Biden government related to the state tax policy in a letter to the Department of Treasury Secretary Janet Yellen last week

The Interior Department is conducting a live-streamed leasing program Thursday. It will address changes that might impact future sales. It will also consider how much cost companies pay for oil and gas extraction.

Tags

About the author

Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala.







Daily Newsletter