Domestic producers in the United States welcomed President Joe Biden’s March 8 order banning Russian oil and gas imports but say his muddled energy policies will prolong consumers’ pain at the pump and inhibit efforts to restore American energy independence. “This crisis should be a wake-up call that we need [a] strategic American energy policy that treats oil and natural gas as an asset and not a liability,” Texas Oil and Gas Association (TXOGA) president Todd Staples said in an emailed statement to The Epoch Times. “The suffering of consumers at the pump underscores the importance of domestic energy production,” he continued, “and American consumers are feeling the repercussions of canceled pipeline projects, delayed approvals for permits, and the discouragement of additional expansion—poor decisions all exacerbated by the war.” Since taking office in January 2021, Biden has nixed the Keystone XL oil pipeline, pulled the plug on planned drilling in …
Industry Calls on Biden to Lift Moratorium on New Oil, Gas Leases
March 9, 2022
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