Biden Bans E&Ps from 625 Million Acres of Offshore Oil, Gas Leases | Hart Energy

Contributing sentiments towards policy:

71% : "Congress and the incoming administration should fully leverage the nation's vast offshore resources as a critical source of affordable energy, government revenue and stability around the world.
63% : "Haaland noted that on federal lands and waters, oil production in 2024 was at an all-time high.
57% : Robust offshore oil and natural gas development could generate more than $8 billion in additional government revenue by 2040, he said.
37% : "Remember, President Trump has already prevented drilling in most of these areas until 2032, so this won't do much, and portions that are questionable...like maybe slivers of the Eastern Gulf are likely to be the focus of quick Congressional action (as new Senate Energy Chairman Mike Lee has already mentioned)," Maisano wrote in a Jan. 6 commentary.

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