During his first week in office, Biden signed on Executive order Temporarily suspend new oil and gas leases on public land and offshore waters for drilling and fracturing for a period of 60 days.
“Obviously I’m worried that as soon as we exit the gate with a little directive, we have an announcement to procrastinate … a pause in rental requests, the truth is: a lot of oil and gas … in the Permian [Basin] On private land in Texas, “she said during an event Wednesday with the Albuquerque Chamber of Commerce.
The Delaware Basin is a component of the Permian Basin – the largest oil basin in the United States – and is located partly in the southeastern region of New Mexico.
More than 60% of New Mexico’s oil and gas production takes place on federal territory while 55% of the state’s wells are located on federal land, according to the New Mexico Department of Energy, Minerals and Natural Resources (EMNRD).
More than 50 gas companies produce more than 1 million barrels per day from Delaware, support about 18,000 jobs and help produce millions in tax revenue for the state, Forbes mentioned In January. The New Mexico Legislative Finance Committee confirmed to Fox News that 18,000 was a “fair estimate.”
Twenty-four wells are located in Delaware, approx Half of it It is a federal land, which produced more than 500,000 barrels of gas in 2020, Forbes reports.
“So, wherever you are – wherever you are – wherever you are in the country or in the room, however you feel about it – you can simply move, and this only hurts New Mexico, and there are no environmental standards out there.”
She added that her administration “initiated the talks and a strong-worded message that is meaningless.”
“The last issue is: It is an economic problem for the state, but it is also a message to states not to do anything and wait for you to do so, and it will not reach this limit quickly. If you are looking for innovation. [in] Environmental policy, it will stop that, “the governor said.
Biden halt is an attempt to fight Climate change In the United States, the White House did not immediately respond to an inquiry from Fox News.