Sen. John Barrasso - Ranking member of the Energy and Natural Resources Committee | Official U.S. Senate headshot
Sen. John Barrasso - Ranking member of the Energy and Natural Resources Committee | Official U.S. Senate headshot
WASHINGTON, D.C. — Today, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources, criticized the Department of the Interior’s final rule to revise the Bureau of Land Management’s oil and gas leasing regulations.
Senator Barrasso, in a statement, expressed his concerns about the new regulations, stating, “As a candidate, Joe Biden recklessly threatened to end oil and natural gas production on federal lands. As president, he is doing all he can to make it economically impossible to produce energy on federal lands. The Bureau’s latest regulation imposes costs that go even beyond those mandated by the Democrats’ irresponsible Inflation Act. Less oil and natural gas from federal lands means fewer jobs for Americans and, almost certainly, more money to the Middle East, Venezuela, Russia, and Iran.”
The new rule has been criticized for imposing higher fees and royalties, significantly raising bonding requirements, and restricting the number of parcels offered at lease sales. Senator Barrasso's strong opposition to these changes reflects concerns about the potential impact on job opportunities and energy independence in the United States.
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