{"id":1057209,"date":"2021-11-26T12:28:47","date_gmt":"2021-11-26T17:28:47","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1057209"},"modified":"2021-11-26T12:28:51","modified_gmt":"2021-11-26T17:28:51","slug":"report-joe-biden-to-recommend-increasing-red-tape-fees-on-oil-industry","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-joe-biden-to-recommend-increasing-red-tape-fees-on-oil-industry\/","title":{"rendered":"Report: Joe Biden to Recommend Increasing Red Tape, Fees on Oil Industry\u00a0"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Freport-joe-biden-to-recommend-increasing-red-tape-fees-on-oil-industry%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1057209&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">The Biden administration will reportedly recommend increasing red tape and fees on the United States\u2019s oil industry&nbsp;Friday.<\/p>\n<p>The&nbsp;U.S. Interior Department will release a delayed study from the summer about how to further strangle the American energy sector to fulfill Biden\u2019s campaign promise to the far-left,&nbsp;Reuters <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/biden-administration-release-federal-oil-leasing-review-soon-sources-2021-11-26\/\">reported<\/a>:<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<blockquote readability=\"16\">\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">Under the U.S. federal oil and gas leasing program, the Interior Department is required to hold regular auctions of federal land for the oil and gas drilling industry \u2013 an initiative intended to boost domestic energy self-sufficiency and raise money for public coffers.<\/p>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">One source said the report will discuss royalties and fees that drillers are required to pay for drilling on federal land, as well as non-competitive leasing \u2013 a controversial process where leases not sold at an auction can be sold directly to interested companies during the following two years.<\/p>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">About a quarter of the nation\u2019s oil and gas comes from federal leases and the program raises billions of dollars for federal and state budgets.<\/p>\n<\/blockquote>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">The review <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/25\/thanksgiving-gas-prices-least-1-20-more-last-year\/\">is<\/a> another step taken in Biden\u2019s war on American energy independence.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<div id=\"attachment_16767752\" class=\"wp-caption alignnone\" readability=\"42\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-16767752\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/biden-keystone-xl-pipeline-aug-21-2017-file-photo-workers-of-enbridge-replacemen.jpg\" alt=\"The Associated Press\" width=\"1920\" height=\"1280\" \/><\/p>\n<p class=\"wp-caption-text\">In this Aug. 21, 2017 file photo, workers make sure that each section of the Enbridge replacement Line 3 that is joined passes muster in Superior, Wisc. The sponsor of the Keystone XL crude oil pipeline says it\u2019s pulling the plug on the contentious project, Wednesday, June 9, 2021, after Canadian officials failed to persuade the Biden administration to reverse its cancellation of the company\u2019s permit. (Richard Tsong-Taatarii\/Star Tribune via AP)<\/p>\n<\/div>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">Biden canceled the Keystone XL Pipeline in January, encouraged the&nbsp;Federal Trade Commission to investigate oil companies for \u201canti-competitive behavior,\u201d and has allowed Russia to supply Europe with oil, a slap in the face to American oil producers.<\/p>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">Biden is also weighing whether to cancel the Line 5 Michigan pipeline.<\/p>\n<p><em>Follow Wendell Huseb\u00f8 on Twitter&nbsp;<\/em><a href=\"https:\/\/twitter.com\/WendellHusebo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\"><em>@WendellHuseb\u00f8<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration will reportedly recommend increasing red tape and fees on the United States\u2019s oil industry\u00a0Friday. The\u00a0U.S. Interior Department will release a delayed study from the summer about how &#8230;<\/p>\n","protected":false},"author":21,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1057209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1057209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1057209"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1057209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1057209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1057209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1057209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}