Thursday, March 16, 2017

Obama’s energy legacy: Oil, natural gas production on federal lands tanked

Another piece of President Obama’s energy legacy: Oil and natural gas production on federal lands tanked under his tenure even as private activity increased. From 2008 to 2016, major indicators of federal onshore and natural gas operations declined, including the number of leases, acres leased, permits approved and wells being drilled, according to the Western Energy Alliance in Denver. The energy advocacy group used figures released Wednesday from the Bureau of Land Management for fiscal year 2016 to finalize its report. “Who needs the Keep-It-in-the-Ground movement when you have the federal government doing the job itself,” said Alliance President Kathleen Sgamma. “Every major indicator of oil and natural gas activity on federal lands is down.”...more

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