Petroleum Association of Wyoming reacts to the temporary federal drilling ban
Casper, Wyo. (Wyoming News Now) - The Acting Department of Interior approved a 60-day temporary suspension of Federal Leasing and Permitting The Petroleum Association of Wyoming provided a statement that says:
“Since the November election, we have known that executive orders aimed at hampering natural gas and oil production on federal lands would come fast and furious in the first days of the Biden administration. Yesterday’s 60-day suspension of all federal leases and permits to drill is just the start. It is unfortunate that on its first day in office, the new administration would implement policies that will slow Wyoming’s economic recovery. According to a recent University of Wyoming Study, the state stands to lose $300 million in tax revenue each year and more than 15,000 jobs annually through 2025 if this ban becomes a long term policy. PAW will work to protect the livelihoods of Wyoming’s hard-working men and women in the natural gas and oil industry using all legal means at our disposal.”
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