American Petroleum Institute President and CEO Mike Summers comments on Biden's recent ban on oil and gas drilling and the administration's ban on certain natural gas water heaters.
Biden's last-minute executive action on offshore oil and gas drilling could land him in hot water, as one energy expert warns of potential harm to American consumers.
After announcing a ban on new drilling and more, American Petroleum Institute President and CEO Mike Summers called on Congress to reverse Biden's costly actions. Oil and natural gas development In more than 625 million acres of US coastal and offshore waters.
Unfortunately, these kinds of midnight regulations are being undermined by the Biden administration. America's energy security and harm American consumers. Summers emphasized: This is not what the United States voted for.
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Biden's executive action is coming Two weeks before the end of his term.
“My decision reflects what coastal communities, businesses and beachgoers have known for a long time: drilling on these beaches can cause irreparable damage to the places we hold dear and is unnecessary to meet our nation's energy needs,” the president said in a statement. . As the climate crisis continues to threaten communities across the country and as we transition to a clean energy economy, now is the time to protect these beaches for our children and grandchildren.
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The President also invoked the Outer Continental Shelf Lands Act of 1953 in this sense President-elect Trump can be limited in his ability to revoke the deed.
Summers revealed that Congress has “a number of different options that they could pursue” to nullify Biden's efforts, arguing that the new moratorium would hurt consumers.
“The Congressional Review Act is certainly one of them,” Summers explained, “but they can also pursue this through reconciliation procedures because the offshore royalties that come from developing these resources, because their federal resources are above It will be wonderful.”
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He told host Maria Bartiromo that Congress needs to act quickly and make sure it's a “top priority” during their term. First few days on Capitol Hill.
“The American people certainly did not vote for less energy development in the United States. In fact, energy was on the ballot in this election, and energy won,” Summers said.
Biden's ban on oil and gas drilling follows his decision to ban some natural gas water heaters from the market, a move that Summers says “hurts the most vulnerable among us.”
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“That's what's so sad about this, is that these people are the ones who have the lowest costs. They have to pay the most for these new water heaters that they have to install and retrofit in their homes,” he said. expressed
Summers argued that not only would the new natural gas water heater be prohibited a Regressive tax on Americabut Americans too.
“In my opinion, it's a sad day because it's the poor people who will be most affected by this ban,” he said.
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Fox News' Daniel Wallace contributed to this report