With any new Administration, there will be shifting priorities. In IADC’s 80 years of history, numerous heads of governments have come and gone: presidents, prime ministers, kings, sultans, premiers, and the rest.
In the United States, the new Biden Administration has publicly expressed less support for oil and gas ventures. As part of IADC’s effort to advocate on behalf of the drilling industry, three media releases were issued in the month of January:
- IADC Welcomes Collaboration with New Administration
- IADC Comments on Department of Interior’s Suspension of Drilling Permits
- Federal Leasing Ban Impedes US Economic Growth
Given the importance of the oil & gas industry to supplying the world with energy, materials, and tax revenue, we’re sure an safe, responsible approach to national changes to energy policies is the best approach.