U.S. to Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge

Sabtu, 16 April 2022 | 09:53 WIB
U.S. to Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge
[ILUSTRASI. Petroleum pump jacks are pictured in the Kern River oil field in Bakersfield, California November 9, 2014. REUTERS/Jonathan Alcorn ]
Reporter: Sumber: Reuters | Editor: Thomas Hadiwinata

KONTAN.CO.ID - WASHINGTON, April 15 (Reuters) - The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while campaigning for president.

The plan calls for the government to lease fewer acres for drilling than initially proposed, charge steeper royalties to oil and gas companies, and assess the climate impact of developing the acreage.

The proposal was quickly denounced by several environmental groups, with one calling it "a reckless failure of climate leadership." Oil industry groups praised the move but said it did not go far enough.

The announcement by the Interior Department, made late Friday before a holiday weekend, is the latest move to reform the federal oil and gas leasing program since Biden took office in January 2021. The administration has faced ongoing pressure to address high energy prices driven by the economic rebound from the pandemic and Russia's invasion of Ukraine.

Baca Juga: China Cuts Reserve Requirements for Banks as Economy Slows

The Democrat had pledged several times during his presidential campaign to halt federal drilling auctions, but that effort has been stymied by a court challenge from Republican-led states.

During a campaign event in Hudson, New Hampshire, in February 2020, Biden told the audience: "And by the way — no more drilling on federal lands, period. Period, period, period.”

The Biden administration has taken several steps to tame surging gasoline prices and inflation, made worse by crude oil prices LCOc1, CLc1 spiking due to the war in Ukraine and subsequent sanctions on Russia by the United States and its allies.

Inflation is seen as a significant liability for Democrats heading into the November mid-term elections.

Friday's announcement would make roughly 144,000 acres available for oil and gas drilling through a series of lease sales, an 80% reduction from the footprint of land that had been under evaluation for leasing, the Interior Department said in a statement.

It would also require companies to pay royalties of 18.75% of the value of extracted oil and gas products, up from 12.5%.

"How we manage our public lands and waters says everything about what we value as a nation," said Interior Secretary Deb Haaland, who added that the move would "begin to reset how and what we consider to be the highest and best use of Americans' resources for the benefit of all current and future generations."

The agency will issue final environmental assessments and sale notices for upcoming oil and gas lease sales as early as next week, including ensuring tribal consultation and broad community input, the Interior Department added.

Baca Juga: Japan to Release 6 Million Barrels of Oil from Private Reserves

The Center for Biological Diversity, an environmental group, slammed the Biden administration's decision.

“The Biden administration’s claim that it must hold these lease sales is pure fiction and a reckless failure of climate leadership,” said Randi Spivak, public lands director for the group. “It’s as if they’re ignoring the horror of firestorms, floods and megadroughts, and accepting climate catastrophes as business as usual."

The move was praised by the energy industry as a step in the right direction.

"To really unleash American energy, the Biden Administration should continue to hold ongoing lease sales pursuant to the Mineral Leasing Act, issue permits more expeditiously, and provide consistent regulatory certainty,” said Anne Bradbury, head of the American Exploration & Production Council, whose members include ConocoPhillips, Pioneer Natural Resources and Chesapeake Energy.

Bagikan

Berita Terbaru

XLSmart Merugi di Kuartal Pertama Usai Merger, Begini Gambaran Kinerja ISAT
| Jumat, 29 Agustus 2025 | 14:00 WIB

XLSmart Merugi di Kuartal Pertama Usai Merger, Begini Gambaran Kinerja ISAT

PT XLSmart Telecom Sejahtera Tbk (EXCL), perusahaan gabungan XL Axiata dan Smartfren merugi usai resmi merger pada 17 April 2025.

Harga Terus Tergerus, Saham Alamtri Resources (ADRO) Dinilai Masih Menyimpan Potensi
| Jumat, 29 Agustus 2025 | 13:00 WIB

Harga Terus Tergerus, Saham Alamtri Resources (ADRO) Dinilai Masih Menyimpan Potensi

Rencana PT Alamtri Resources Indonesia Tbk (ADRO) memulai bisnis di bidang energi terbarukan menjadi salah satu katalis positif.

IHSG Tumbang 2%, BI Intervensi Rupiah yang Sempat Menembus Rp 16.500
| Jumat, 29 Agustus 2025 | 12:06 WIB

IHSG Tumbang 2%, BI Intervensi Rupiah yang Sempat Menembus Rp 16.500

Indeks Harga Saham Gabungan (IHSG) merosot 2,27% atau 180,81 poin menjadi 7771,28 pada akhir perdagangan sesi I hari ini, Jumat (29/8).

Perluasan Pasar Bikin Saham Pyridam Farma (PYFA) Melaju Kencang
| Jumat, 29 Agustus 2025 | 12:00 WIB

Perluasan Pasar Bikin Saham Pyridam Farma (PYFA) Melaju Kencang

Akuisisi Probiotec dinilai sebagai momentum penting yang menandai transformasi PYFA menjadi bagian dari rantai pasok global.

Emiten Sawit Haji Isam Melesat ke ARA, Saatnya Hold atau Jual?
| Jumat, 29 Agustus 2025 | 11:00 WIB

Emiten Sawit Haji Isam Melesat ke ARA, Saatnya Hold atau Jual?

Kamis (28/8), saham PT Pradiksi Gunatama Tbk (PGUN) dan PT Jhonlin Agro Raya Tbk (JARR) kompak ditutup pada level auto reject atas (ARA).

Kinerja Saham Masih Tertatih, Indofood (INDF) Masih Direkomedasikan
| Jumat, 29 Agustus 2025 | 09:28 WIB

Kinerja Saham Masih Tertatih, Indofood (INDF) Masih Direkomedasikan

Kinerja INDF masih terus ditopang oleh anak usahanya ICBP, dengan proyeksi kontribusi penjualan kepada INDF sebanyak 63% di tahun 2025.

Profit 28,19% Setahun, Cek Harga Emas Antam Hari Ini (29 Agustus 2025)
| Jumat, 29 Agustus 2025 | 08:54 WIB

Profit 28,19% Setahun, Cek Harga Emas Antam Hari Ini (29 Agustus 2025)

Jumat (29 Agustus 2025) harga emas batangan di laman resmi Logam Mulia PT Aneka Tambang naik Rp 20.000 per saham.

Patriot Bond Tak Ganggu Anggaran Negara
| Jumat, 29 Agustus 2025 | 08:40 WIB

Patriot Bond Tak Ganggu Anggaran Negara

Ada risiko ketidakpastian fiskal jika pasar menganggap adanya jaminan secara implisit dari negara terhadap utang Danantara

Jangkar Diangkat, Harga Saham HUMI dan MITI Melaju Kencang Bak di Lautan Tenang
| Jumat, 29 Agustus 2025 | 08:38 WIB

Jangkar Diangkat, Harga Saham HUMI dan MITI Melaju Kencang Bak di Lautan Tenang

Prospek industri dan ekspansi yang digadang HUMI dan MITI ditengarai menjadi katalis yang mendorong harga sahamnya belakangan ini.

Belanja Kembali Tertahan Setelah Usai Libur Lebaran
| Jumat, 29 Agustus 2025 | 08:19 WIB

Belanja Kembali Tertahan Setelah Usai Libur Lebaran

Ekonom perkirakan pertumbuhan konsumsi rumahtangga pada kuartal III-2025 cuma 4,9%, melambat dari periode sebelumnya         

INDEKS BERITA