Senior Editor, Digital Content, U.S. Chamber of Commerce
July 07, 2017
While we experienced an oil and natural gas boom—the Shale Boom—it was happening on private and state-owned lands. On federal lands, the production of both was declining.
The charts above are a few years old, but they give you an idea of what was happening during the Obama years.
Simply put, the Obama administration made a concerted effort to turn off the energy spigot on federal lands.
Interior Department Secretary Ryan Zinke took an important step in reversing this ill-conceived policy:
In contrast to the bogged-down federal permitting process, a 2014 Interior Department Inspector General’s report found that it took state regulators only 80 days to approve permits.
The U.S. Chamber’s Global Energy Institute is pleased with this “much needed attitude adjustment.”
“The law has been pretty clear for a century--the Secretary of Interior is responsible for conducting quarterly lease sales on available BLM land and concluding the review process on an application for a permit to drill within 30 days. The previous administration decided to ignore these legal requirements to the detriment of U.S. energy security and western jobs,” explained Christopher Guith, senior vice president of policy. “Secretary Zinke’s re-commitment to following the law is a tremendous step towards harnessing America’s status as a growing energy super-power.”
Unlike its predecessor, the Trump administration embraces America’s energy abundance—wherever it’s located--and is employing sensible policy to fortify our energy security.
About the authors
Sean writes about public policies affecting businesses including energy, health care, and regulations. When not battling those making it harder for free enterprise to succeed, he raves about all things Wisconsin (his home state) and religiously follows the Green Bay Packers.