The revised policy will put the United States âon a fast track to energy dominance,â according to an Interior Department official.
The Department of the Interior (DOI) unveiled its revised policy on May 13 aimed at accelerating the oil and gas leasing process on public lands as part of an effort to boost U.S. energy production.
Once the parcels are reviewed, state offices will organize a lease sale and invite public participation. Previously, the BLM took between 8 and 15 months to complete the parcel review process.
To expedite the leasing, the DOI stated that the BLM will conduct oil and gas lease parcel reviews while the National Energy Policy Act compliance process is being held, focusing on the existing land management policy and resource management plans.
Adam Suess, acting assistant secretary for Land and Minerals Management, said the DOI is working to remove âunnecessary delaysâ and âbureaucratic roadblocksâ that have hindered U.S. energy production âfor too long.â
âThis policy puts us on a fast track to Energy Dominanceâopening up more federal land for responsible development, cutting review times nearly in half, and sending a clear message that the United States is serious about job creation, low energy costs, and putting American energy first,â Suess said in a statement.
The order states that âburdensome and ideologically motivated regulationsâ imposed under the previous administration have hindered the development of the countryâs energy resources, limited the generation of reliable and affordable electricity, reduced job creation, and led to high energy costs.
âIt is thus in the national interest to unleash Americaâs affordable and reliable energy and natural resources,â the order reads. âIt will also rebuild our Nationâs economic and military security, which will deliver peace through strength.â
The 11th National Outer Continental Shelf Oil and Gas Leasing Program will add a new âHigh Arcticâ planning area off Alaska to the federal offshore leasing map for the first time.
The boundaries of other coastal zones are also being revisedâpotentially clearing the way for oil and gas companies to tap into new reserves along the Atlantic, Pacific, and Arctic coasts.
Tom Ozimek contributed to this report.
Original News Source Link – Epoch Times
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