The Biden Administration’s moratorium on new natural gas and oil leasing on federal lands and waters has been dealt a major blow: a ruling from a federal court judge determined that the ban represents a “substantial threat of irreparable injury” to the states most reliant on natural gas and oil produced on federal lands and waters.
However, the fight isn’t over.
What’s at stake? Jobs. The strength of our economic recovery. Energy Independence. Key conservation projects. Progress on climate change and environmental goals. Affordable and accessible American energy.
The judge made it clear that Congress should have a say in the ban. They should know that outlawing development on federal lands and waters could:
- Increase imports of foreign oil by 2 million barrels a day
- Cost the Gulf Coast alone more than $223 million in revenue
- Cost nearly 1 million jobs by 2022 and $700 billion in US GDP by 2030
Nationally, a federal ban is projected to actually increase the use of coal and halt our transition to natural gas power plants. This could mean a 5.5% increase in CO2 emissions from the power sector by 2030 – 58 million metric tons in total.
If the Interior Department moves forward with a permanent ban, it would be a devastating economic hit to the economy of our country, and to many individual states. This would amount to an “import more oil” policy that would set back our national security and environmental progress by years.
What can you do to stop the ban? Use the form to contact your federal elected officials and tell them to oppose the federal leasing ban! There’s still time to make your voice heard and stop this dangerous policy.