US Oil Industry Uses Ukraine Invasion to Push for More Drilling at Home

Some Republican lawmakers started to echo the oil and gasoline business’s calls for.

“It’s now clearer than ever what is at stake when anti-American energy policies make us and Europe more dependent on Russian oil and natural gas,” stated Representative Cathy McMorris Rodgers, a Republican from Washington State and the Republican chief of the House Committee on Energy and Commerce. “I continue to urge President Biden to restore America’s energy dominance. It’s our most powerful weapon against Putin,” she stated.

Mr. Biden’s makes an attempt to quell issues, promising that his administration will do every part it might to safe vitality independence and “limit the pain the American people are feeling at the gas pump,” have fallen on deaf ears.

“You need to do much more. You need to get your boot off the neck of American energy producers,” Dan Sullivan, a Republican senator from Alaska stated in a video response. The administration, he stated, ought to revive the Keystone XL pipeline, for instance — the embattled challenge that may have carried petroleum from Canadian tar sands to Nebraska — and resume issuing drilling leases within the Arctic National Wildlife Refuge, one of many largest tracts of untouched wilderness within the United States.

The oil and gasoline foyer has been much less vocal about placing sanctions on Russia’s oil and gasoline capability itself. In truth, even because the United States and Western Europe have imposed different financial sanctions, and Germany has put Russia’s Nord Stream 2 gasoline pipeline on maintain, the Biden administration has to date held again on measures that instantly have an effect on Russian vitality corporations, as an alternative specializing in banks, in addition to authorities officers and their households.

Some of the business’s greatest drillers, together with Shell, BP and Exxon Mobil, are concerned in oil and gasoline initiatives inside Russia.

Aseem Prakash, a political science professor and founding director of the Center for Environmental Politics at the University of Washington, stated continued strain from the local weather neighborhood meant Mr. Biden was unlikely to backslide on main climate-related selections, like his canceling of the Keystone pipeline.

“But there could be surreptitious rollbacks, like less aggressive measures in terms of oil or shale leases. And their rhetoric will have to be toned down,” he stated, referring to the Biden administration. In locations like Pennsylvania, for instance, Democrats “simply cannot afford to say, ‘Oil prices are rising, but let’s not revive shale.’ That’s political suicide,” he stated.


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