In response to the White House urging OPEC to increase oil production in order to lower gasoline prices at the pump, the Louisiana Mid-Continent Oil and Gas Association asked the Biden Administration in an Aug. 11 statement to lift the ban on new federal leasing.
“Now is the time for the administration to recognize that policy decisions promoting increased dependence on foreign oil threatens American jobs and deprives our state and local communities of much-needed revenue, all while likely increasing emissions and the risks of climate change,” says Tyler Gray, LMOGA President.
“We urge President Biden to lift the ban on new federal leasing and development that is creating economic uncertainty when we need it most.” Read the entire press release.