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SOURCE ROCK BLOG

Working like the devil to lower energy prices

2/23/2022

 
As published in The Hill on February 21, 2022
By Kathleen Sgamma and Dan Naatz
Last week, President Biden said he would “work like the devil” to bring down gasoline prices. Somehow, after more than half a year of watching him beg Russia and OPEC to increase their oil production while making it more difficult for American oil and natural gas producers, we’re skeptical. But here are a few simple ideas to help the president channel his inner Lucifer and reduce energy prices.  ​​

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Interior Won’t Admit a “Game Changing” Conservation Program Relies on Oil and Natural Gas Royalties

2/10/2022

 
​During a Senate hearing this week officials from the Biden Administration extolled the conservation benefits from the Great American Outdoors Act (GAOA). However, they failed to acknowledge the program is funded almost entirely by revenues generated from oil and natural gas production on public lands. If they did, they’d risk running afoul of Interior Sec. Deb Haaland, who’s keeping the financial benefits of federal oil and natural gas leasing on the down low while working to eliminate the program.
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​Testifying before the Senate Energy and Natural Resources Subcommittee on National Parks, Shannon Estenoz, the assistant secretary for Fish and Wildlife and Parks, celebrated the achievements possible under GAOA. She said the law combines “an historic financial commitment to conservation and recreation.” Speaking specifically about national parks funding, she called GAOA’s new Legacy Restoration Fund (LRF) “a game changing investment program that is helping us to make meaningful progress on protecting high-priority assets”
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