Offshore oil and gas permitting plummets to 2-decade low under Biden

Offshore oil and gas permitting under the Biden administration has fallen to a two-decade low as the energy industry continues to call for consistent policies.

"Policymakers should leverage the Gulf of Mexico to help meet growing global oil demand," Erik Milito, the president of the National Ocean Industries Association, told Fox News Digital. "The Gulf of Mexico is a prime example of doing more with less." Thomas Catenacci is a politics writer for Fox News Digital.

"We were producing more than 2 million barrels of oil per day in the Gulf of Mexico prior to the pandemic, despite the number of active lease blocks being much lower than they were 5, 10, or 15 years ago," he continued. "We produce a massive amount of energy with a small footprint. However, bottlenecking the permitting process is a surefire way to discourage the success of the region despite growing global demand."