Early in his term, President Biden seemed to have struck an uneasy truce with the oil and gas industry.
Mr. Biden had imposed restrictions on drilling as part of his ambitious climate agenda, but he also approved an enormous $8 billion oil project in Alaska.
The United States had become the world’s leading exporter of natural gas, and no other country in history was pumping more crude.
Then, in January, Mr. Biden paused new permits for export facilities for liquefied natural gas.
That decision galvanized oil and gas companies against Mr. Biden, according to industry lobbyists, and will be an undercurrent at a fund-raising lunch set for Wednesday in Houston.
Persons:
Biden, Donald J, Trump, Mr, “, ”, Thomas J, Pyle
Organizations:
United, Mr, American Energy Alliance
Locations:
Alaska, United States, Houston