Biden admin takes action restricting oil, gas development after settlement with eco groups

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Biden admin takes action restricting oil, gas development after settlement with eco groups
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The Biden administration is cracking down on the oil and gas industry, issuing new restrictions on vessel traffic following a recent settlement with eco groups.

Chicago-based JKC Trucking VP Mike Kucharski, mother of three Jamaica Bonvillian and Black Market BBQ food truck owner Jon German joined 'Fox & Friends First' to discuss the exclusive report and how soaring gas prices have impacted them overall.

"The NTL, coupled with the broader Stipulated Stay Agreement, poses a barrier to America's energy production capabilities within a region that not only sustains hundreds of thousands of high-paying jobs but also yields some of the world's least carbon-intensive barrels," Milito continued."Despite lacking ample scientific evidence to support such extensive bans on operations, the agreement targets the domestic offshore oil and gas industry.

Those recommendations will be introduced as stipulations to Lease Sale 261, an upcoming offshore oil and gas lease auction. And BOEM removed an estimated 11 million acres of potential oil-rich lease blocks from that lease sale under its actions Monday.

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