Industry Calls on Biden to Lift Moratorium on New Oil, Gas Leases

Industry Calls on Biden to Lift Moratorium on New Oil, Gas Leases
This file image shows a PennzEnergy oil exploration drilling rig In the Gulf of Mexico. Getty Images
John Haughey
Updated:

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 U.S. 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.

John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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