Biden’s Oil & Gas Ban Undermines New Mexico’s Ability To Safeguard Economy, Environment

New Mexico Governor Is Seeking An Exemption Or Waiver For New Mexico From Executive Order Issued By Biden Halting New Oil And Gas Leasing On Federal Land. The Order Has Resulted In On-the-ground Uncertainties That Undermine Ability To Safeguard State’s Economy And Environment.

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Biden Regulations Impact New Mexico Worse Than Texas In Permian Basin

On The New Mexico Side, Half Of The Oil And Gas Produced In The Permian Basin Occurs On Federal Land. On The Texas Side, Roughly 3 Million Barrels Of Oil Were Produced Daily, But On Private And State-Owned Land.

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Canceling Keystone XL Pipeline Is A Gift To China And Russia

Energy policy isn’t the simplicity of soundbites. “Cancel Keystone” is a bumper sticker, not the decision of a serious politician who sees the real world fallout of jobs and geopolitics let alone the increase in emissions that will result. This is just the beginning of an energy agenda that will cripple us on so many levels: jobs, cost of living, and opportunity. It will hurt our critical allies in Canada and Europe. It will benefit our enemies, Russia and China. And it will do absolutely nothing for the environment.

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