American's Concerns Grow, as Biden‘s Attack on Oil & Gas Will Have Widespread, Negative Job Affects

Biden has already signed close to 50 "Executive Orders", many of which have significant impact on Texas & New Mexico Economies

WASHINGTON, D.C. (Texas Insider Report) — "We cannot slap 1,000s of New Mexicans with proposals that destroy jobs and ravage both New Mexico's, and America's communities," said Ryan Flynn, president of the New Mexico Oil & Gas Association (NMOGA).

Reaction was quick – and in many cases directly unfavorable – after President Joe Biden imposed a 60-Day Moratorium on new Oil & Gas Drilling Permits on Federal Land during his day-one "Executive Order" declaration.

The ban affects eight Western States, including the Permian Basin – the most productive region in the U.S. – stretching between West Texas into southeastern New Mexico.

Residents in New Mexico are anxious, as Biden's "Protecting Public Health & the Environment and Restoring Science to Tackle the Climate Crisis" Executive Order directly or indirectly impacts industries across the state, resulting in massive and widespread job loss.

Biden's decision will have a significant impact on the State of New Mexico if it becomes permanent. The state ranks first in oil production on public lands, and second in natural gas. According to a recent study, with Biden's moratorium New Mexico will lose 207.7 billion in Gross Domestic Product over the next 20 years.

The drilling ban would also eliminate 36,217 jobs per year in New Mexico alone, where the state depends on oil and gas income to fund education and healthcare.
"During his inauguration, President Biden spoke about bringing our nation together. Eliminating drilling on public lands will cost 1,000s of New Mexicans their jobs, and destroy what's left of our state's economy," added the Mayor of Carlsbad, New Mexico, Dale Janway.
"With vast stretches of federal land, its simply impossible to divorce our economic success in western states like New Mexico from funding for education, access to healthcare, and new infrastructure projects that are now all on the line," said the NMOGA's Flynn.

New Mexico shares 50% of its oil & gas production royalties with the Federal Government, and half of the state's Oil & Gas Productions is from drilling developments on federal land.

The revenue accounts for about a third of the New Mexico State's Budget, where many of the state's elected officials fear that job opportunities will leave and head across the border to neighboring Texas.

Congressional Members in virtually every one of the Western States immediately raised concerns that Biden's directives will hurt small businesses that are already struggling to survive during the CoronaVirus pandemic.
"While other members of our Congressional Delegation have been reluctant to speak out against the president's actions, I hope you will join me in urging President Biden to reconsider any moratorium on new oil and gas leases in New Mexico," wrote Freshman Republican Congresswoman Yvette Herrel in a letter to Gov. Lujan Grisham.

Herrel's letter was intended to ask Gov. Michelle Lujan Grisham to join her in protecting the state's jobs and interests.
"Certainly we all understand the critical importance of this industry to New Mexico's bottom line – and of the imperative to diversify our state economy and energy portfolio," New Mexico Governor, Michelle Lujan Grisham, said through a spokeswoman.

Though the state is getting popular with wind farms developers, it does not collect any royalties from the alternate forms of energy to contribute to the state's already tight budget.

During the U.S. Senate's Energy & Natural Resources Committee's Confirmation Hearing of Biden's Energy Secretary Nominee, former Michagan Gov. Jennifer Granholm (below) last week, Wyoming Sen. John Barrasso noted some state-by-state numbers of American jobs that will be lost as a result of the president's flury of climate-inspired "Executive Actions," asking:
"A long-term ban on Oil & Gas Leasing is going to cost about:
  • 62,000 jobs in New Mexico, about
  • 33,000 jobs in Wyoming, and
  • 18,000 jobs in Colorado.
"A 'long-term ban' is going to cut revenues in New Mexico & Wyoming by 100s of millions of dollars – which they use for K-12 Education and other essential services.

"So I'm just curious," asked Barrasso, "how is a 'long-term ban' consistent with the president's goal of 'unifying our country' and 'putting Americans back to work,' or even helping our economy grow? How is all that all consistent?"

President Biden is paying “homage to his radical environmental supporters who’ve fought the pipeline development for years, and not only canceled the project’s permits but elevated 'climate change' to a national security level,” noted Washington Times columnist Cheryl K. Chumley on Jan. 30th.
In the process, Biden’s team said “goodbye to private sector development projects, and hello government takeover of yet another huge economic sector” of the U.S. economy, Chumley noted.

"The fossil fuel industry has inflicted tremendous damage on the planet. The administration's review, if done correctly, will show that filthy fracking and drilling must end for good, everywhere," said Kieran Suckling, Executive Director at the Center for Biological Diversity.

President Biden has targeted provenly-safe practices like fracking, and projects like the Keystone Pipeline – construction of which Biden halted during the first week of his presidency – in addition to imposing the 60-Day Moratorium on new Oil & Gas Drilling Permits on Federal Land via his "Executive Orders". The 60-Day Moratorium Executive Order does not affect energy activities on private land.

With Biden's moratorium, various administration officials and agencies have been instructed to study the impact of oil and gas drilling on the environment and climate.
"People in this country need a job. This is about making that happen in the most creative and significant way that the federal government can," Gina McCarthy, Biden's "Climate Change" Advisor (at left,) said at a White House briefing.

Oil and gas from public lands account for almost a quarter of annual U.S. production.

Under former President Donald Trump, 1,400 permits on federal lands in Wyoming and New Mexico were approved. These permits remain valid and can continue drilling for years to come.

"We are committed to doing our part to reduce emissions and protect the environment," said the New Mexico Oil & Gas Association's (NMOGA) president Flynn.