And you wonder why gas is $5.00 a gallon

01/20/2021 – Ending Trump's Energy Independence Initiatives: Biden wasted no time living up to his promise,
issuing a Day 1 Climate Change Executive Order (EO) requiring agencies to review and revoke Trump's pro-American
energy rules and actions throughout the executive branch.
• 01/20/2021 – Burdensome Emissions Regulations: Biden’s EO required agencies to take action to increase
burdensome emissions regulations as part of the Left’s green agenda and subsidize "good union jobs."
• 01/20/2021 – Monument Designations: Biden continued setting the tone on Day 1 by cordoning off large swaths of
federal land under the guise of National Monument designations, reducing the ability to produce American energy
domestically.
• 01/20/2021 – ANWR: Biden continued restricting domestic production by issuing a moratorium on all oil and natural
gas leasing activities in the Arctic National Wildlife Refuge.
• 01/20/2021 – Social Costs of Carbon: Biden restored and expanded the use of the social costs of carbon metric to
artificially increase the regulatory costs of energy production, as well as artificially increasing the so-called "benefits" of
decreasing production.
• 01/20/2021 – Keystone XL Pipeline: Biden’s EO went on to revoke the Keystone XL Pipeline, shutting off an efficient
source of energy transportation which would have brought more oil into the country.
• 01/20/2021 – WOTUS: Biden continued to revoke Trump administration executive orders, including those related to
WOTUS and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability
to produce energy domestically.
• 01/27/2021 – Climate Financing: A week later, Biden was back at it again. This Biden EO attacked the energy industry
by promoting “ending international financing of carbon-intensive fossil fuel-based energy while simultaneously
advancing sustainable development and a green recovery." In other words, the US government would leverage its power
to attack oil and gas producers while subsidizing favored industries.
• 01/27/2021 – Green the Fleet: This Biden action called on federal agencies to facilitate carbon neutrality by 2025,
with a particular focus on pushing electric vehicles for Federal, State, and local governments.
• 01/27/2021 – Wind Production: The Biden administration continued to push for inefficient fuel sources by setting a
goal to double wind production on Federal lands by 2025.
• 01/27/2021 – Gas Lease Moratorium: The EO announced a moratorium on new oil and gas leases on public lands or
in offshore waters and reconsideration of Federal oil and gas permitting and leasing practices. In other words, Biden
provided he is following through on his promise to "end" fossil fuels.
• 01/27/2021 – Fossil Fuel “Subsidies”: Biden's EO directed agencies to eliminate Federal fossil fuel subsidies
wherever possible without comparable actions for other energy sources, disadvantaging oil and gas.
01/27/2021 – Environmental Justice: Biden's EO pushed for an increase in enforcement of "environmental justice"
violations and support for such efforts, which typically are advanced by radical environmental organizations.
• 02/02/2021 – EPA Hires Radical: The EPA hired Marianne Engelman-Lado, a prominent environmental justice
proponent, to advance its radical Green New Deal social justice agenda at the EPA, a signal to industry that it plans to
continue its attack on American energy.
• 02/04/2021 – DOJ Takes Aim at Energy Independence: At the behest of the January 27th Climate Crisis EO, the DOJ
withdrew several Trump-era enforcement documents which provided clarity and streamlined regulations to increase
energy independence.
• 02/19/2021 – Paris Climate Agreement: Biden rejoins the Paris Climate Agreement, an agenda which puts American
energy at risk, props up energy production in Russia and China, while increasing the dependence of Europe on Russian
oil.
• 02/23/2021 – H.R. 803: Biden Administration issued a Statement of Administration Policy in support of H.R. 803 which
curtailed energy production on over 1.5 million acres of federal lands.
• 03/11/2021 – American Rescue Plan Act Slush Fund: The President signed ARPA, which included numerous
provisions advancing Biden’s green priorities, such as a $50 million environmental slush fund directed towards
"environmental justice" groups , including efforts advanced by Biden's EO.
• 03/11/2021 – ARPA Anti-Fossil Fuel Grants: ARPA also included $50 million in grant funding for Clean Air Act
pollution-related activities aimed at advancing the green agenda at the expense of the fossil fuel industry.
• 03/15/2021 – Climate Disclosure Rule: The SEC sought input regarding the possibility of a rule that would require
hundreds of businesses to measure and disclose greenhouse gas emissions in a standardized way for the first time,
massively increasing so-called environmental costs of compliance and, in tandem with so-called social costs of carbon,
artificially disincentivizing oil and gas production.
04/15/2021 – FERC Carbon Pricing: The Federal Energy Regulatory Commission’s policy statement outlines - and
effectively endorses - how the agency would consider market rules proposed by regional grid operators that seek to
incorporate a state-determined carbon price in organized wholesale electricity markets. This amounts to a de facto
endorsement of a carbon tax that would be paid by everyday Americans.
04/22/2021 – U.S. International Climate Finance Plan: This plan, a result of the President’s January 27, 2021 climate
change EO, would funnel international financing toward green industries and away from oil and gas.
• 04/27/2021 – S.J. Res. 14: The Biden Administration issued a Statement of Administration Policy in support of S.J. Res.
14 which rescinded a Trump-era Rule that would have cut regulations on American energy production.
• 04/28/2021 – EPA Reconsideration of California Waiver: This EPA Notice of Reconsideration, an offspring of an
earlier Biden EO, would propose to revoke a Trump-era action which revoked California’s ability to set nation-wide
standards for emissions standards.
• 05/07/2021 – Migratory Bird Incidental Take: This proposed Fish and Wildlife Service Rule revokes a Trump
administration rule and expands the definition of "incidental take" under the Migratory Bird Treaty Act (MBTA). The rule
would impact energy production on federal lands, increasing regulatory burdens.
• 05/12/2021 – CAFE Preemption: This Proposed Rule would reinstate California’s waiver which allowed the state to set
its own emissions standards. This, effectively, allowed climate activists in California to set the de-facto national standard
for emissions standards, making cars less affordable and indirectly increasing energy costs for all Americans.
• 05/20/2021 – Climate Related Financial Risk: This EO would artificially increase regulatory burdens on the oil and
gas industry by increasing the "risk" the federal government undertakes in doing business with them, among other things.
• 05/28/2021 – Biden Green Book: Biden's FY 2022 revenue proposals include nearly $150 billion in tax increases
directly levied against the oil and gas energy producers.
• 07/23/2021 –DOJ Climate Action Plan: DOJ's Climate Action Plan (CAP) includes an effort to "green" the fleet by
transitioning to electric vehicles and the advancement of environmental justice efforts.
• 07/28/2021 – DOE Building Codes: This Department of Energy (DOE) determination increases regulatory burdens on
commercial building codes, requiring green energy codes to disincentivize natural gas and other carbon sources. DOE
readily admits they ignored efforts private industry is making on their own and utilized the questionable "social costs of
carbon" to overstate the public benefit.
• 08/05/2021 – Biden “Clean Cars and Trucks” Executive Order: This executive order established a new target to make
half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell
electric vehicles. The Executive Order also kicked off development of more stringent long-term fuel efficiency and
emissions standards to, among other things, "advance environmental justice, and tackle the climate crisis.”
• 08/05/2021 – EPA Clean Trucks Plan: The same day, the EPA announced plans for further transportation emissions
regulations targeted at heavy-duty trucks, aiming to shift markets in favor of zero-emission vehicles.
• 08/26/2021 – EPA Proposed Rule on Passenger Car Emissions: The Environmental Protection Agency (EPA) issued
a proposed rule to heighten federal greenhouse gas (GHG)emissions standards for passenger cars and light trucks by
setting stringent requirements for reductions through Model Year (MY) 2026. According to the NPRM, "the proposal
would incentivize" technology, i.e., Green industries, to "encourage more hybrid and electric vehicle technology."
• 09/03/2021 – CAFE Standards: This proposed rule would update the Corporate Average Fuel Economy Standards for
Model Years 2024–2026 Passenger Cars and Light Trucks. The rule is a direct result of a Biden EO and would increase
fuel economy regulations on passenger cars and light vehicles. The modeling used here misleadingly attributes "fuel
savings" by multiplying fuel price with 'avoided fuel costs', meaning the rule intends to disincentivize gas by making it
more costly to afford cars and trucks.
09/09/2021 – Sustainable Flight National Partnership: NASA and the FAA launched a partnership to reduce "fuel use
and harmful emissions" by strong-arming industry to adopt elements of their green agenda
• 09/09/2021 – Department of Education (ED) Climate Action Plan: ED's CAP includes efforts to incorporate the green
agenda into as many guidance and policies as possible, effectively leveraging the department as an anti-fossil fuel
propaganda tool.
• 09/09/2021 – DOL Climate Action Plan: The Department of Labor's CAP includes an increased focus on procurement
regulations on contractors relating to the use of fossil fuels and efforts to increase use of "green" energy sources.
• 10/04/2021 – MBTA Incidental Take: The FWS published its final rule revoking Trump-era action which eased
burdensome regulations on energy action.
• 10/07/2021 – CEQ NEPA Revisions: The Council on Environmental Quality revoked Trump administration NEPA
reforms that reduced regulatory burdens by reinstating tangential environmental impacts of proposed projects.
• 10/07/2021 – Monument Designations: Biden announced plans to designate the Northeast Canyons and Seamounts
Marine National Monument, a move counter to Trump's reversal of a similar Obama-era proclamation. Trump aimed to
allow energy exploration in the area to increase energy independence.
• 10/07/2021 – USDA Climate Action Plan: The U.S. Department of Agriculture's (USDA) CAP includes efforts to switch
fuel away from oil and natural gas and subsidize more costly, less efficient fuel sources.
• 10/07/2021 – DOE Climate Action Plan: The Department of Energy's (DOE) CAP includes leveraging the federal agency
to transition away from fossil fuel resources where possible, and plans to subsidize and advance "green" and renewable
industries at the expense of cheaper and more efficient energy resources.
• 10/07/2021 – EPA Climate Action Plan: As part of its CAP, EPA intends to incorporate Biden's Green New Deal agenda
throughout its rulemaking process.
• 10/14/2021 – DOL ESG Rule: The rule would require fiduciaries to consider the economic effects of climate change and
other so-called environmental, social and governance (ESG) factors when evaluating funds for retirement plans. As
worded, the rule would strongly encourage fiduciaries to draw capital from domestic energy development in oil and
natural gas to less reliable renewables.
• 10/21/2021 – FSOC Financial Stability Report: This report paints climate change, and there for oil and gas producers,
as a "risk to financial stability." The report recommended the "climate disclosures" later set forth by the Biden
administration.
10/29/2021 – BLM Social Costs of Carbon: BLM announced use of social costs of carbon in permitting decisions,
increasing regulations on oil and gas permitting, among other industries.
• 11/02/2021 – Global Methane Pledge: Biden administration lead a "Global Methane Pledge" to reduce global methane
emissions by 30% by 2030. Russia and China both didn't sign the pledge, increasing the world's reliance on the countries
for oil and gas while disadvantaging the U.S. natural gas industry.
• 11/04/2021 – COP 26 Pledge: The President committed to "ending fossil fuel financing abroad." The administration's
actions target the global fossil fuel industry, a move that must be viewed in tandem with their push to increase subsidies
for "green" energy. Doing so disadvantages the oil and gas industry and increases global gas prices. Further, key countries,
like China, did not sign the pledge, so the pledge harms signatories while empowering adversaries.
• 11/09/2021 – FAA Climate Action Plan: The Federal Aviation Administration published its CAP which pushes a "wholeof-government” approach to enacting green policies in the aviation space. Put in plain tongue, the plan aims to force
industries to utilize favored "green" technologies through increased red tape.
• 11/12/2021 – New Source Review: These broad, overreaching regulations target new, modified, and reconstructed oil
and natural gas sources, and would require states to reduce methane emissions from hundreds of thousands of existing
sources nationwide for the first time. The Proposed Rule follows the President's Day 1 Climate EO and the passage of the
S.J. Res. 14, a CRA rescinding Trump-era energy independence policies. The proposed rule spends several paragraphs
dismissing the effects of the rule on the oil and gas industry and misleadingly applies its effects on the industry to only
the "140,000" (an underestimate of the over 220,000) employees directly involved in extraction. This means it ignores
the nearly 10 million other people working in the oil and gas industry and the impacts to the oil and gas economy more
broadly.
• 11/15/2021 – Chaco Canyon: DOI announced plans to withdraw Chaco Canyon from oil and gas drilling for 20 years.
• 11/15/2021 – Omarova Nomination: The Biden administration nominated Saule Omarova to serve as Comptroller of
the Currency. Omarova's past comments speak for themselves: “A lot of the smaller players in [the fossil fuel] industry
are going to, probably, go bankrupt in short order—at least, we want them to go bankrupt if we want to tackle climate
change,” she said.
• 11/17/2021 – HUD Climate Action Plan: HUD's CAP leverages the Community Development Block Grant to advance
'environmental justice' efforts.
• 11/19/2021 – Biden-endorsed Methane Tax: Build Back Better (BBB) included a new tax on natural gas, in the form
of a tax on methane, of up to $1500 per ton
• 11/19/2021 – BBB Mineral and Energy Withdrawals: BBB includes language resulting in mineral and energy
withdrawals on federal lands and the repeal of TCJA policies allowing energy production in the Arctic. Prohibits offshore
leasing on the Outer Continental Shelf (OCS) in the Atlantic, Pacific and Eastern Gulf of Mexico Planning Areas
11/19/2021 –BBB Royalties: The Biden-supported bill would increase fees and royalties for onshore and offshore oil
and gas production and institute other such increases aimed at curtailing the fossil fuel industry.
• 11/19/2021 – BBB Oil and Gas Tax: BBB includes a new $8 billion tax on companies that produce, process, transmit or
store oil and natural gas starting in 2023.
• 11/19/2021 – BBB Minimum Tax: The book income taxes included in BBB amount to double taxation on capital
intensive industries. A Tax Foundation study found it would hit energy industry more than others - Petroleum and Natural
Gas industry would lose 10,000 jobs
• 11/19/2021 – BBB GILTI Exemption: Biden endorsed a repealed Global Intangible Low-Taxed Income exemption for
oil and gas income, which would result in a $84.4 billion tax increase on production.
• 11/19/2021 – BBB Dual Tax Capacity: BBB limited ability of energy producers to claim tax credits for upfront and
royalty payments in foreign countries - amounting to a tax increase on domestic energy producers.
• 11/19/2021 – BBB Net Investment Tax: Biden sought to expand a 3.8% Net Investment Tax to active pass-through
income – a tax which would hit independent oil producers.
• 11/19/2021 – BBB EV Tax Credit: Biden’s BBB significantly expands the EV Tax Credit from $7,500 to $12,500,
subsidizing fossil fuel competition while simultaneously driving up costs.
• 11/19/2021 – Tax on Crude Oil: BBB includes a 16.4 cent tax on each barrel on crude oil - up from 9.7 cents - a $13
billion tax increase on oil production
• 11/26/2021 – DOI Leasing Program Report: This report on the Federal Oil and Gas Leasing Program includes
recommendations to raise costs on producers.
• 12/08/2021 – Clean Energy Economy EO: This EO would artificially incentivize a push for a 100% EV fleet by 2035
including light vehicles by 2027, carbon-free electricity government-wide by 2030, and net-zero "federal operations" by
• 12/14/2021 – EPA OCR Environmental Justice: The EPA launched a revamp of its Office of Civil Rights to add socalled environmental justice enforcement as a key pillar in enforcing Title VI civil rights complaints. The agency's
announcements mean social justice claims against, among others, the oil and gas industry will increase costs and
penalties that have specious connections to its environmental mission.
• 12/28/2021 – NHTSA CAFE Standards: This Final Rule revokes Trump era actions which prevented California from
arbitrarily becoming the national standard for fuel emissions. The rule set the stage for the administration to reinstate
California’s waiver, and, since automakers don’t make different cars for different states, the rule would allow
California’s radical environmental policies to reach nationwide.
• 12/30/2021 – EPA Fuel Efficiency Standards: This Final Rule increased “fuel efficiency standards.” According to the
Final Rule, "These standards are the strongest vehicle emissions standards ever established for the light-duty vehicle
sector. The rule, in responding to comments, claims "energy security benefits to the U.S. from decreased exposure to
volatile world oil prices" absurdly suggesting that decreasing oil and gas production in the U.S. will result in less
exposure to the international oil and gas market because they will be disincentivizing vehicles that use oil and gas. Even
more absurd, the rule claims that the rule will result in "fuel savings" entirely due to less use of fue