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FOX News White House correspondent Peter Doocy joins ‘Special Report’ with the latest from Washington.<\/p>\n
Wednesday, President Biden chose left-wing activists over American workers and affordable energy costs by signing an executive order to ban new oil and gas exploration on federal lands. <\/p>\n
Who wins?<\/p>\n
Oil-producing foreign nations like Russia, Venezuela, and Iran win.<\/p>\n
Who loses?<\/p>\n
BIDEN SIGNS CLIMATE CHANGE ORDERS AMID CONCERNS OVER JOBS: ‘IT IS TIME TO ACT’<\/strong><\/p>\n American workers employed in the energy sector lose. American consumers and families who depend on low-cost electricity lose. American public schools and first responders funded by oil and gas tax revenues lose. America\u2019s national parks and environmental restoration projects that rely on oil and gas revenues lose.<\/p>\n It\u2019s devastatingly simple.<\/p>\n When Washington radicals ban drilling on federal lands, Americans lose their jobs, investment flows overseas, and communities across America lose a primary source of revenue for schools, health care, and conservation efforts. <\/p>\n As two concerned leaders who represent these very communities, we\u2019re raising the alarm about President Biden\u2019s heavy-handed and job-killing executive actions. One of us, Rep. Yvette Herrell, R-N.M., represents southern New Mexico, where clean and safe energy development in the Permian Basin provides more than $1 billion a year to fund public education. <\/p>\n The other, House Republican Whip Steve Scalise, R-La., represents southeastern Louisiana, where offshore drilling in the Gulf of Mexico is the lifeblood of coastal communities and funds hundreds of millions of dollars in coastal restoration and hurricane protection projects.<\/p>\n MONTANA GOVERNOR CALLS ON BIDEN TO RETHINK KEYSTONE PIPELINE DECISION: \u2018IT\u2019S A LIFELINE\u2019<\/strong><\/p>\n Our friends and neighbors rely upon these jobs to pay rent, put food on the table, and keep the lights on. The Biden administration is attacking their livelihoods and jeopardizing America\u2019s energy security. <\/p>\n In Western states like New Mexico, where over a third of all land is owned by the federal government, the Biden administration is denying citizens\u2019 right to work where they live.<\/p>\n Under Biden\u2019s plan to restrict oil and gas development, New Mexico is projected to lose 60,000 jobs \u2014 7% of the entire employed state workforce.<\/p>\n Local governments will lose an average of $1 billion dollars in tax revenue every year for the next five years. Nothing about Biden\u2019s ban helps New Mexicans. <\/p>\n Under Biden\u2019s plan to restrict oil and gas development, New Mexico is projected to lose 60,000 jobs \u2014 7% of the entire employed state workforce.<\/p>\n In Gulf Coast states like Louisiana, the offshore drilling industry supports hundreds of thousands of jobs \u2014 94,000 in Louisiana alone \u2014 and adds $6.7 billion to our tax revenues every year.<\/p>\n AS BIDEN’S KEYSTONE XL ORDER SPARKS JOB LOSSES, CLIMATE ADVISER SAYS, ‘WE’RE NOT ASKING FOR SACRIFICE’<\/strong><\/p>\n Under an oil-and-gas revenue sharing agreement, hundreds of millions of dollars go to rebuilding our state\u2019s vanishing coastline and funding critical hurricane protection projects.<\/p>\n Again, Biden\u2019s plan is projected to destroy 48,000 Louisiana jobs by 2022 and will permanently gut this important source of revenue that protects local communities. <\/p>\n President Biden either doesn\u2019t understand the damage he is doing to our communities or he doesn\u2019t care.<\/p>\n If we learned one thing from our energy renaissance over the past four years, it\u2019s that America can produce energy cleaner and cheaper than anywhere else in the world.<\/p>\n By banning a significant source of America\u2019s oil and gas supply, Biden ships our jobs and energy production to countries like Russia, Iran, and Venezuela, who don\u2019t adhere to the same environmental standards that we enjoy.<\/p>\n Climate activists do not understand that banning drilling on federal lands is damaging to both our economy and our environment.<\/p>\n Biden\u2019s plan is also damaging to our national security. America\u2019s energy dominance secures our standing on the world stage.<\/p>\n CLICK HERE TO GET THE OPINION NEWSLETTER<\/strong><\/p>\n When the United States became the single largest oil and gas producer in the world, we were protected from market manipulation by OPEC and rogue actors.<\/p>\n By undermining our energy dominance, Biden once again puts us at the mercy of foreign regimes, many of whom use those new-found billions of dollars against America and our allies.<\/p>\n President Biden has made clear that his actions on Wednesday are just the start of his assault on American jobs.<\/p>\n The same leftists who put Biden in office are demanding that he go further to ban all fossil fuels and enact policies inspired by the job-killing Green New Deal.<\/p>\n For these activists, rejoining the Paris Climate Agreement won\u2019t be enough, cancelling the Keystone XL pipeline won\u2019t be enough, and banning drilling on federal lands won\u2019t be enough. These far-left radicals won\u2019t stop until we\u2019re fully dependent on foreign nations for our energy. <\/p>\n