Earlier this week, Alliance President Kathleen Sgamma testified at a hearing entitled “Ensuring Transparency in Petroleum Markets” before the Senate Committee on Commerce, Science, and Transportation. Kathleen discussed the need for the president to reverse course to enable American producers to increase supply and bring down energy prices.
The following are excerpts from responses by Kathleen and Robert McCullough, Principal, McCullough Research, to questions from the senators. Her full written testimony is also available here
On March 3rd, White House Press Secretary Jen Psaki, in response to a question about increasing domestic oil production, attempted to shift blame to oil companies by citing “9,000 approved oil leases that the oil companies are not tapping into currently.” In subsequent press conferences, she adjusted that to 9,000 permits and went on a Twitter storm to shift blame.
While we may not appreciate the cynical attempt to deny the effects of the president’s own “no federal oil” policies, we appreciate the White House is suddenly messaging to “encourage” us to produce. When my tweet was picked up by a Fox News White House correspondent, it garnered more attention than usual, leading environmental groups to jump in and pound on the 9,000 approved APDs outstanding.
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.
Oil and natural gas companies and associated businesses participate in many trade associations. Here’s what makes Western Energy Alliance unique:
The oil and natural gas industry has a ton of trade associations. There’s at least one, often multiple, trade associations for each producing state; trade associations for each sector; those representing large companies and those representing independents; and trades associations that focus on national issues down to local issues. That makes sense, since we’re a highly complex industry and there are many levels of government and agencies with their fingers in the pie. No one trade association can handle it all, even the biggest.
The Presidio is a former military base converted into a 1,500-acre beach-front park located next to the Golden Gate Bridge. The well-adorned park features several private residences, office spaces, hotels, a golf course, and event venues located in the heart of Speaker Pelosi’s 12th Congressional District.
Here are a few key questions that need to be answered about how the Presidio’s funding was inserted into the Natural Resources list of priorities and how it will be used:
It’s official. The Biden Administration will conduct no lease sales this quarter or in the 2021 fiscal year that ends September 30th. August 15th marked the 45-day deadline to announce a lease sale before the end of the quarter as required by the Mineral Leasing Act. It also marked 60 days since Judge Terry Doughty in the Western District of Louisiana issued a preliminary injunction overturning the leasing ban.
As anticipated, the Interior Department announced the appeal to the Fifth Circuit on the last possible day. The justification of course started with climate change, which we all know is practically irrelevant as federal production would simply be displaced to nonfederal lands or overseas. Hence President Biden’s plea to Russia and OPEC just the week before to increase production.