Austin, Texas - Today, after President Joe Biden announced the United States will ban imports of Russian oil, natural gas and coal, the Texas Independent Producers & Royalty Owners Association (TIPRO) issued the following statement which can be attributed to TIPRO's President Ed Longanecker:
“President Biden's decision to ban Russian energy imports means domestic production is now more important than ever. Texas producers stand ready to meet growing demand for oil and natural gas. The Lone Star State has been and will continue to lead the nation in domestic energy production, and we embrace the role we play in establishing U.S. energy security.
The Biden Administration should encourage more domestic oil and natural gas production, including restarting leasing on federal lands and positioning U.S. liquefied natural gas (LNG) as the alternative to Russian gas for our global allies.
The Federal Energy Regulatory Commission (FERC) must also change its policy guidance to remove impediments for developing U.S. energy infrastructure and should expedite pending applications to expand operating capacity at three already approved LNG export facilities.
And finally, the White House should convene an emergency council of U.S. operators to discuss and execute strategies to increase domestic production to support the efforts of our allies and trade partners to diversify their supply of oil and natural gas to prevent disruptions in global energy supplies."