Energy

‘We’re Not Expecting Anything Good’: Oil Drillers Brace For Biden’s New Rules

(Photo by JIM WATSON/AFP via Getty Images)

Daily Caller News Foundation logo
Font Size:

Oil drillers that operate on federal lands are bracing for stricter regulations, following a series of meetings that Biden administration officials have held with members of the oil industry and representatives from environmental groups, E&E News reported on Wednesday.

White House and Department of Interior (DOI) officials have met with representatives from major climate groups, such as the Sierra Club, and oil drillers like Exxon Mobil, to shape the administration’s upcoming rules that would impact bonding and other fees associated with drilling on federal land, according to E&E News. The oil and gas industry is bracing for the new rules, which environmentalists hope will go further than President Joe Biden’s signature climate law, the Inflation Reduction Act, which are expected to be released next month. (RELATED: Oil Giant’s Shareholder Meeting Devolves Into Chaos As Climate Protesters Attempt To Storm Stage)

“We’re not expecting anything good,” Kathleen Sgamma, the president of the Western Energy Alliance, told E&E News. While Sgamma was not personally present at any of the meetings, she said she expected the Biden administration to continue its strategy of impeding drilling efforts.

A coalition of major environmentalists — the National Resources Defense Council, Earthjustice, Sierra Club and the National Parks Conservation Association — in a May 2 meeting with White House officials presented an analysis in favor of cutting drilling on public lands by 50% of 2005 levels by 2030, E&E reported. Doing so would be a major step toward hitting the president’s goal of cutting emissions across the entire U.S. economy by 50% by 2030, the groups argued.

WASHINGTON, DC - MAY 19: U.S. Interior Secretary Deb Haaland testifies before the Senate Energy and Natural Resources Committee at the Dirksen Senate Office Building on May 19, 2022 in Washington, DC. Secretary Haaland testifies on President Biden's fiscal year 2023 Budget Request for the Department of the Interior. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC – MAY 19: U.S. Interior Secretary Deb Haaland testifies before the Senate Energy and Natural Resources Committee at the Dirksen Senate Office Building on May 19, 2022 in Washington, DC. Secretary Haaland testifies on President Biden’s fiscal year 2023 Budget Request for the Department of the Interior. (Photo by Kevin Dietsch/Getty Images)

Environmentalists are also pushing the administration to increase costs for bonding, the money oil companies are required to set aside to pay for potential cleanup costs before they can drill, E&E reported. Shannon Anderson, an attorney representing the Wyoming-based Powder River Basin Resource Council, told the outlet that her organization was hoping to “make industry pay its own way” by abolishing blanket bonds, which allow companies to cover all their wells in a single state via a flat fee.

The White House met with representatives from the oil industry on May 8, at the request of the American Petroleum Institute, in which representatives criticized the DOI’s Bureau of Land Management (BLM) for saddling drilling projects with unecessary red tape, in particular taking issue with public interest reviews that are required to renew or reinstate a permit, according to E&E. Meeting attendees included high-ranking officials from Chevron and Exxon Mobil, who are among the companies that are reportedly paying careful attention to the DOI’s next steps.

The BLM in March proposed rules that would allow green groups to lease federal lands for conservation efforts and increased land-health standards across the entirety of BLM-managed land. In the past two months, the Biden administration’s Environmental Protection Agency has issued historically strict emissions standards for both cars and power plants, in both cases over the objections of industry groups.

The Interior Department did not immediately respond to a Daily Caller News Foundation request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel