OPINION: Alaska and America’s energy industry are in the crosshairs

  • 📰 adndotcom
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Unfortunately, standing in the way of achieving energy security are policies that deliberately undermine our domestic oil and gas industry.

A segment of the Trans-Alaska Pipeline photographed along the Richardson Highway between Glennallen and Delta Junction on May 13, 2020.

Unfortunately, standing in the way of achieving this energy security are the policies that deliberately undermine our domestic oil and gas industry. In his first one hundred days in office, President Joe Biden canceled the Keystone XL pipeline, ceased issuing new drilling permits on federal lands, and imposed new burdensome regulations on oil and gas companies. In short, he declared war on the industry that allows American families and businesses to prosper.

It may be hard to believe, but this is exactly what some lawmakers in Alaska were considering last session, proposing bills that would raise taxes on oil and gas production by as much as 40%. The Last Frontier can play a uniquely important role in ensuring American energy independence due to its strategic location, substantial natural resources and vast untapped gas reserves.

As secretary of state, I saw firsthand how energy security impacted geopolitics. When we can supply our allies with clean energy from our own industry rather than relying on others, the United States can lead from a position of strength. Due to bad policies by the Biden administration at the federal level and misguided lawmakers and activists at the state level, we are in danger of losing our ability to do this.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 293. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines