GOP Touts Billions in American Energy After Reversing Biden-Era Policies |
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Home – Donald Trump News – GOP Touts Billions in American Energy After Reversing Biden-Era Policies
GOP Touts Billions in American Energy After Reversing Biden-Era Policies
Virginia Grace McKinnon
A May report from the Department of the Interior announced the largest onshore lease sale in history of more than 33,000 premium acres in the Permian Basin, generating over $4 billion. Republicans credit the new possibility of American energy dominance to the Trump administration reversing Biden-era energy policy with the One Big, Beautiful Bill.
“This lease sale is just the latest example of President [Donald] Trump and Congressional Republicans reversing the Biden administration’s anti-energy policies,” House Majority Leader Steve Scalise told The Daily Signal.
One lease sale generated more than $4 BILLION!!!American energy helps us lower costs, create good jobs, strengthen local communities, and allow us to be energy independent.This is what happens when you UNLEASH American energy. https://t.co/gpx7ev5MOM— Steve Scalise (@SteveScalise) May 22, 2026
One lease sale generated more than $4 BILLION!!!American energy helps us lower costs, create good jobs, strengthen local communities, and allow us to be energy independent.This is what happens when you UNLEASH American energy. https://t.co/gpx7ev5MOM
Under the Mineral Leasing Act of 1920, the government acts as the landlord, leasing out federal land and drilling rights to oil companies. The federal government collects royalties from sales, which benefit the federal government and the taxpayer.
In 2024, the Biden........