The U.S. Department of the Interior (DOI) has indefinitely halted leasing for new oil and gas operations on federal lands and waters.
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While the DOI has stated that “the federal oil and gas program is not serving the American public well,” and is “fundamentally broken,” we disagree with these claims, and know that the program has enabled oil and gas operations to provide affordable and reliable energy to American citizens and help protect the country’s energy security.
These operations create good-paying jobs and contribute billions of dollars to our economy every year, and have helped reduce U.S. greenhouse gas emissions thanks to an increasing shift from coal to natural gas for electricity generation.
Nearly 25% of U.S. oil and 12% of U.S. natural gas is produced on federally owned land and waters. Banning oil and gas operations on federally owned land and waters could: