Governor Gordon Expresses Disapproval of Oil and Gas Rule Increasing Production Costs | News

Governor Gordon Expresses Disapproval of Oil and Gas Rule Increasing Production Costs | News

Governor Mark Gordon of Wyoming is speaking out against a recent announcement from the Department of Interior that will significantly increase costs for oil and gas companies operating on federal lands. The Governor criticized the Department for implementing a rule that raises costs for the industry by a staggering 1400%, while at the same time reducing fees and rents for renewable energy development on federal lands by 80%.

In a strongly worded statement, Governor Gordon argued that these policies are not in the best interest of the country, as they reduce returns for taxpayers, increase costs for consumers, and threaten the balance of energy sources in the nation’s portfolio. He emphasized the need for common-sense energy policy that takes into account the needs of both industry and the environment.

The Governor vowed to continue fighting against federal policies that he believes are harmful to Wyoming’s industries and way of life. He called for a comprehensive, all-of-the-above energy strategy that considers the costs and impacts of all energy sources, with a focus on reliability and sustainability.

Gordon’s criticism of the Department of Interior’s recent actions highlights the ongoing debate over energy policy in the United States, with concerns about the balance between traditional energy sources like oil and gas and renewable alternatives. As the country grapples with these issues, Governor Gordon’s words carry weight as he seeks to protect the interests of his state and its residents.

Share this article
Shareable URL
Prev Post

CanAlaska Uranium Acquires Intrepid East and West Projects, Totaling 58,747 Hectares in Northeastern Athabasca Basin

Next Post

Massachusetts fire officials implement new checklist to identify lithium-ion battery fires

Leave a Reply

Your email address will not be published. Required fields are marked *

Read next
Subscribe to our newsletter
Stay informed on the latest market trends