# Biden makes his move against oil and gas
**URL:** https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351
**Category:** NARO
**Created:** [January 27, 2021, 10:48pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351 "2021-01-27T22:48:54Z")
**Posts on this page:** 20
**Page:** 2
### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [February 3, 2021, 12:48am UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/21 "2021-02-03T00:48:29Z")
Nothing stopped global warming before man and nothing will stop it now.
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [February 4, 2021, 5:56pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/22 "2021-02-04T17:56:25Z")
Seeking Alpha financial analysis of Biden’s moves re: midstream companies and in general. It is not pretty, either economically or environmentally.
[Exhibit A on how to make things worse](https://seekingalpha.com/article/4403155-how-will-biden-administration-impact-energy-and-midstream-companies)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [February 9, 2021, 1:06pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/23 "2021-02-09T13:06:09Z")
Forbes article analyzing Biden’s oil and gas moves.
[It’s not flattering](https://www.forbes.com/sites/davidblackmon/2021/01/28/biden-opens-new-fronts-in-his-war-on-us-oil-and-gas/)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [February 10, 2021, 9:02pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/24 "2021-02-10T21:02:42Z")
S&P/Platts analysis of Biden’s moves so far.
[Balanced article](https://www.spglobal.com/platts/en/market-insights/blogs/oil/020921-fft-biden-oil-pipelines-upstream-federal-land-permitting-energy-policy)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [February 25, 2021, 8:43pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/25 "2021-02-25T20:43:41Z")
Carlsbad paper article summarizing moves so far. Permian rig count increasing, but New Mexico flat to declining.
[Link](https://www.currentargus.com/story/news/local/2021/02/24/permian-basin-sees-more-oil-investments-market-recovers-covid-19/4559371001/)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 5, 2021, 8:56pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/26 "2021-03-05T20:56:35Z")
Permian Basin O&G Assoc article about Biden’s actions.
[Link](https://pboilandgasmagazine.com/fresh-challenges-under-a-new-administration/)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 5, 2021, 10:10pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/27 "2021-03-05T22:10:53Z")
Dallas Fed analysis of federal lands leasing ban effect on the Permian.
[Link](https://www.reuters.com/article/oil-permian-report/oil-production-could-fall-in-permian-basin-due-to-biden-proposal-dallas-fed-report-idUSL3N2L23U9)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 15, 2021, 3:56pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/28 "2021-03-15T15:56:33Z")
Op Ed piece by SE New Mexico rancher pointing out the impact of not allowing new pipeline ROWs on federal land. It was in the Santa Fe paper.
[Link](https://www.santafenewmexican.com/opinion/my_view/beware-unintended-consequences-of-bidens-restrictions/article_388269a8-8205-11eb-8adb-1747efa3792d.html)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 15, 2021, 3:57pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/29 "2021-03-15T15:57:53Z")
Interview with New Mexico governor saying Biden’s moves don’t make sense.
[Link](https://www.foxnews.com/politics/new-mexico-grisham-biden-oil-moratorium)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 15, 2021, 3:59pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/30 "2021-03-15T15:59:50Z")
Article about the arbitrary impacts of Biden’s leasing ban.
[Link](https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/012621-bidens-planned-moratorium-on-oil-and-gas-leasing-picks-winners-and-losers-critics-argue)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 19, 2021, 4:43pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/31 "2021-03-19T16:43:33Z")
New Mexico governor continues to push back against the leasing ban. She makes the additional point that it will simply push production to countries that have less environmental controls than we have.
[Have you ever seen a Nigerian oilfield?](https://www.mrt.com/business/oil/article/New-Mexico-governor-seeks-to-offset-Biden-s-oil-16030053.php)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 25, 2021, 4:35pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/32 "2021-03-25T16:35:03Z")
Fourteen states have sued the Biden Administration over the leasing ban. New Mexico is apparently not among them?
A copy of the lawsuit filed by Wyoming is in the link.
[Link](https://drive.google.com/file/d/1ygQuK_ZudvLS1Vw8iCnsK1THejStuWp_/view)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 25, 2021, 4:40pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/33 "2021-03-25T16:40:14Z")
Here is a map showing the areas of federal lands in the U.S. It includes Indian reservations, which got exempted from the ban. It is a good visual reminder of how many people will be affected in the long term, and does not even include all the offshore development that will eventually be halted after the permits run out.
[Link](https://www.instituteforenergyresearch.org/wp-content/uploads/2021/02/ex1.1-big.jpg)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [April 22, 2021, 2:53pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/34 "2021-04-22T14:53:48Z")
Biden has now extended lease sale bans through at least the end of June. don’t expect this to be the last “extension”.
[Wow this leasing practices review is taking a long time](https://coloradosun.com/2021/04/21/biden-administration-ends-oil-gas-lease-sales/)
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [April 27, 2021, 10:49pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/35 "2021-04-27T22:49:50Z")
This topic was automatically closed after 90 days. New replies are no longer allowed.
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### Author:  [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [April 29, 2021, 10:41pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/36 "2021-04-29T22:41:25Z")
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [April 29, 2021, 11:03pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/37 "2021-04-29T23:03:49Z")
Here is the testimony by Nada Culver with the BLM from the hearing yesterday in Senator Manchin’s committee. I highlighted parts of interest. If you own minerals near federal lands or within federal lands, be prepared to feel a chill in the room. One thing I had not considered is how the BLM could strangle oil and gas by slow playing or denying easements across its lands.
The link to the video of the hearing is - [Full Committee Hearing On The Department Of The Interior’s Onshore Oil And Gas L...](https://www.energy.senate.gov/hearings/2021/4/full-committee-hearing-on-the-department-of-the-interior-s-onshore-oil-and-gas-leasing-program?utm_source=DCS+Congressional+E-mail&utm_medium=Email&utm_term=https%3a%2f%2fwww.energy.senate.gov%2fhearings%2f2021%2f4%2ffull-committee-hearing-on-the-department-of-the-interior-s-onshore-oil-and-gas-leasing-program&utm_campaign=MANCHIN+LEADS+ROBUST+DISCUSSION+ON+ENERGY+PRODUCTION+ON+FEDERAL+LANDS)
[Culver Testimony 4-27-21 SENR Cmte Hrg.pdf](https://www.mineralrightsforum.com/uploads/short-url/9z6CG5BIT0PEaX06g8vfPUCyuyi.pdf) (253.9 KB)
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [April 29, 2021, 11:15pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/38 "2021-04-29T23:15:36Z")
And, if you have any doubt on which way this administration is heading, just scan through the headlines in the latest TIPRO Target.
> **[VERTICAL\_TARGET\_April\_29\_2021.pdf](https://tipro.org/UserFiles/VERTICAL_TARGET_April_29_2021.pdf)**
>
> 8.44 MB
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [May 5, 2021, 6:51pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/39 "2021-05-05T18:51:08Z")
Press release from Senator Barrasso with study on how the Green Energy spent under the Obama Administration fared.
For Immediate Release: Contact: Sarah Durdaller ~202.224.4971
May 5, 2021 [Sarah\_Durdaller@energy.senate.gov](mailto:Sarah_Durdaller@energy.senate.gov)
**Ranking Member Barrasso Releases Investigative Report:**
**“The Solyndra Syndrome & the Green Stimulus Delusion”**
_Investigative report examines the striking parallels between the Obama administration’s failed green stimulus policies and the policy priorities of the Biden administration._
WASHINGTON, D.C. — Today, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources (ENR), released an investigative report titled, “The Solyndra Syndrome & the Green Stimulus Delusion.” The report examines the striking parallels between the failed green energy stimulus policies of the Obama administration and the policy priorities of the Biden administration.
“This report shows President Biden is doubling down on failure,” **said Barrasso**. “The Obama administration frittered away billions of taxpayer dollars on green gambles like Solyndra, while taxpayers got fleeced. Now, President Biden wants to bet trillions more on new boondoggles and another failed ‘Cash for Clunkers’ program. As with the failed stimulus, President Biden’s spending spree will take money from the people and give it to his political allies. At the same time, he has declared war on the oil and gas industry – one of the few success stories from the ‘Great Recession.’ It’s a recipe for disaster. Americans have seen the failures of these ideas before. In 2009, then-Vice President Biden was the one to [announce](https://obamawhitehouse.archives.gov/the-press-office/vice-president-biden-announces-finalized-535-million-loan-guarantee-solyndra) that Solyndra would receive hundreds of millions of taxpayer dollars. We know how that ended. Now, the Solyndra syndrome is back.”
The investigative report finds:
Under the Obama administration, the partisan Recovery and Reinvestment Act of 2009 invested $90 billion for green jobs training and loan programs, and almost $3 billion more for subsidies for the purchase of new vehicles through the “Cash for Clunkers” program. These programs resulted in very few actual jobs created, failed stimulus programs, and billions of dollars wasted in green boondoggles like Solyndra, A123 Systems, and California’s bullet train.
In contrast, a bright spot of the recovery from the “Great Recession” was the oil and gas industry. By the end of 2013, non-farm employment was an anemic 1.9 percent higher than it was at the end of 2009. On the other hand, the oil and gas sector’s employment was 16 percent higher. This strong jobs output helped make the United States the world’s leading producer of oil and gas.
President Biden and his administration seem determined to double down on the Obama administration’s failed policies, while also punishing the oil and gas sector. He wants to invest hundreds of billions of taxpayer dollars in new green job training programs, new green energy financing, increased high speed rail, and new electric vehicle subsidy programs. At the same time, the president has taken executive action to damage the oil and gas industry. He signed an executive order to stop the construction of the Keystone Pipeline, ending the prospect for roughly 11,000 American jobs in 2021 alone. He has also implemented a moratorium on new oil and gas production on public lands that if made permanent could cost one million jobs and jeopardize the nearly $10 billion in revenue.
Read the full report [here](https://www.energy.senate.gov/index.cfm?a=files.serve&File_id=424E7FA4-AD66-454B-8174-978411AB0447).
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[**http://energy.senate.gov**](http://energy.senate.gov)
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### Author:  [@Roy](https://www.mineralrightsforum.com/u/Roy)
#### Post date: [May 7, 2021, 10:12pm UTC](https://www.mineralrightsforum.com/t/biden-makes-his-move-against-oil-and-gas/60351/40 "2021-05-07T22:12:30Z")
Pretty good news this week from three E&P companies with federal acreage in NM. I’m not declaring the environmentalists’ war on fossil fuels is won (we’re in the first inning), just that three CEOs had some optimistic comments this week in their earnings webcasts.
First, all three companies reduced their quarterly presentation slides focused on federal permitting risk, after including such slides in post-election webcasts. In response to questions by the Wall Street analysts, they said:
**Devon** received 50+ permit approvals after Biden moratorium lapsed in March, now holds 4 year inventory of 500+ federal permits, not business as usual but Federal staff are feeling their way with the Biden administration. **Cimarex** deck indicates 107 approved federal permits held, Cimarex sees loosening of permits, receiving RoWs & sundries, also see peers receiving permits, confident that no extraordinary action needed by Cimarex. Written Federal proposals are mixed bag, some is okay but others disturbing, Cimarex provides feedback. **EOG** provided no federal slides whatsoever in 60-slide deck (!), answered question that EOG is receiving steady stream of federal permits “very well”, not seeing restrictions, Biden seems to honor existing “valid leases”.
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