The war on domestic oil and gas gets messier
Tom KirkmanIndependent Project Manager
The machinations and political wrangling in the Biden administration’s relentless war against domestic oil & gas looks set to get messier.
Battle lines are being divisively drawn even more firmly.
Republicans are generally looking to streamline hydrocarbon permitting and increase oil & gas production, while Democrats generally oppose this.
Democrats are generally looking for *even more* federal government ‘Green New Deal’ type energy subsidies for solar, wind, hydrogen, hydro.
There seems to be increasing resistance to the Biden administration’s ‘death by a thousand policy regulations’ against domestic oil & gas. This bill is firing back at that sea of red tape policies.
Will be watching to see what happens with this bill.
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“Energy legislation Republicans are maneuvering through the House would rescind two programs at the EPA, including one with industry support, and push to expand already-burgeoning domestic fossil energy production for a global market the U.S. already dominates.
The chamber is slated to vote next week on the legislation, labeled HR 1 to reflect its importance to GOP leadership — a compilation of energy, permitting, environmental and construction measures. The House Rules Committee will consider the measure on Monday.
If it clears the House, the bill is likely to meet its demise in the Senate, where Majority Leader Charles E. Schumer, D-N.Y., said the bill is “dead on arrival,” though elements of it are likely to bubble up in permitting negotiations this Congress.
… America will remain a significant exporter of oil and gas through 2050, the EIA said in its annual forecast, released Thursday.
● As environmental groups and Democrats in Congress whip opposition to the bill, trade and lobbying groups that represent fossil fuel, pipeline and petrochemical companies have emerged in support of the legislation.
… “It provides guidance and assurance that American natural gas and oil is a top priority that will help American consumers at home and our global allies abroad,” Jeff Eshelman, president and CEO of IPAA, said of the legislation.
Schumer said on Thursday that he would like to see permitting legislation become law this Congress, adding that electric transmission would be critical to such a deal.
“Transmission is vital to getting clean energy from where it’s produced to where people live, but the Republicans’ proposal completely ignores this issue, to its detriment and its demise,” Schumer said.
● “Until Republicans recognize that permitting reform is an essential step towards laying the foundation for a clean energy future, no proposal or package they put forward will be taken seriously.”