Biden Admin Has Issued Lowest Amount of Offshore Oil Permits in Almost 20 Years
The Biden administration has approved a record low number of permits for new offshore oil wells since 2005, according to E&E News.
The Bureau of Safety and Environmental Enforcement (BSEE), a subagency of the Department of the Interior (DOI), approved 105 applications for permit to drill (APDs) combined in 2021 and 2022, President Joe Biden’s first two years in office, compared to 148 in former President Donald Trump’s first two years and 275 in the first two years of the Obama administration, according to E&E News. The Biden administration has described itself as responsible for the aggressive climate agenda in U.S. history, establishing goals to have the U.S. energy sector reach net-zero carbon emissions by 2035 and the overall economy achieve net-zero by 2050.
The Biden administration’s policies “make it more difficult to substantiate the long-term, capital-intensive investments required for production in the Gulf of Mexico,” Holly Hopkins, vice president of Upstream Policy for the American Petroleum Institute, told E&E News. “This is a concerning trend for the future of American energy security.”
Biden Administration Looks To Halt Offshore Drilling In Atlantic, Pacific Amid Energy Crisis https://t.co/us6b9HuUyu
— Daily Caller (@DailyCaller) July 2, 2022
The overall trend of the annual numbers of APDs has been one of decline since the 381 granted in 2006 by the Bush administration, according to E&E News. (Read more from “Biden Admin Has Issued Lowest Amount of Offshore Oil Permits in Almost 20 Years” HERE)
Photo credit: Flickr
Delete Facebook, Delete Twitter, Follow Restoring Liberty and Joe Miller at gab HERE.
