The Biden Administration recently announced that it will resume lease sales for oil & gas drilling on federal lands, but that it would also raise the federal royalties that companies must pay in order to drill.
Senator John Barrasso recently spoke outside of the Senate chambers to address rising gasoline prices, inflation, and more. As always, the Wyoming Senator made no bones about who he believes to be at fault for these high prices.
In the wake of the Bureau of Land Management missing the deadline to issue a notice for competitive lease sales, various Wyoming leaders are criticizing the Biden Administration for its apparent refusal to hold lease auctions in Wyoming.
The Petroleum Association of Wyoming is alleging that the Bureau of Land Management has cost Wyoming millions of dollars in revenue due to their failure to issue a notice for competitive lease sale by a 45-day deadline.
Senator John Barrasso, fresh off of a Thanksgiving dinner that he said was 'the most expensive in American history,' appeared on Fox News Sunday with Chris Wallace to discuss the Biden Administration's 'Build Back Better' infrastructure plan and its impact on inflation.
The Biden administration has recommended an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water.