IPAA, Trades Write to Biden on Five Year Offshore Program

IPAA, NOIA, API, LMOGA, the U.S. Chamber of Commerce, the Consumer Energy Alliance, and 81 other groups wrote to President Biden and called on the administration to release the next Five Year Program for offshore oil and gas leasing as quickly as possible. The diverse group of trades represent energy producers and service companies, manufacturers, retailers, and small businesses. The trades write:

For the U.S. to continue to be an energy leader into the future, smart and effective energy policies are needed today. However, your administration’s policies have often hindered domestic producers’ ability to deliver on this growing demand. Oil and natural gas leasing on Federal lands and waters has essentially stopped, despite court orders, and while DOI has taken steps to complete and implement the next 5-year Program, there will be an unprecedented gap between the current and next 5-year Program.