Biden admin quietly settles with eco groups to restrict oil drilling in Gulf of Mexico

[mystery-ak]

 July 24, 2023 3:09pm EDT
Biden admin quietly settles with eco groups to restrict oil drilling in Gulf of Mexico
Settlement 'harms America’s energy independence," oil and gas industry groups say

By Thomas Catenacci | Fox News

The Biden administration quietly entered into a court settlement late Friday with a coalition of environmental groups who have pushed for more wildlife protections from offshore oil development activity.

In a stipulated stay agreement filed with the U.S. District Court for the District of Maryland, the National Marine Fisheries Service (NMFS) agreed to a number of conditions requested by the coalition of four eco groups led by the Sierra Club which, in response, agreed to temporarily pause litigation in the case. Fossil fuel industry groups, though, blasted the settlement, saying it would hamper domestic energy production.

"This private settlement agreement between the federal government and environmental activists places unfounded restrictions on operations in the U.S. Gulf of Mexico that severely hamper America's ability to produce energy in a region that is responsible for the lowest carbon-intensive barrels in the world," the American Petroleum Institute (API) and EnerGeo Alliance said in a joint statement.

"Despite no evidence to warrant this far-reaching ban on operations after extensive data collections, today’s agreement undermines the integrity of legitimate conservation and habitat protection efforts, violates the explicit directives of Congress in enacting the Inflation Reduction Act, and harms America’s energy independence," the two industry groups added.

more
https://www.foxnews.com/politics/biden-admin-quietly-settles-eco-groups-restrict-oil-drilling-gulf-mexico

   

[Kamaji]

Of course.

[Idiot]

Of course.

Yup, they HATE fossil fuels.

[Kamaji]

Yup, they HATE fossil fuels.

It's not just that, it's end-running Congressional policy and avoiding having to make difficult policy choices themselves by, in effect, coordinating with an NGO to have things done through litigation settlements that would have been subject to notice and comment, and significant public discussion and criticism if done through the regulatory or legislative process.

[LMAO]

I wonder if that explains the $.10 uptick in gas prices locally?

[DefiantMassRINO]

As servicing the Federal Debt eats away at the Annual Budget, the Feds will miss the revenue from those oil and gas leases, and miss out on revenue from economic activity that those leases could have contributed to GDP.