Analysis

Synopsis:

 House Joint Resolution 3 (HJR 3) requests the administration of the president of the United States to waive the suspension of new oil and gas leasing and drilling permits for federal lands.

Analysis:

 House Joint Resolution 3 (HJR 3) requests the administration of the president of the United States to waive the suspension of new oil and gas leasing and drilling permits for federal lands.

HJR 3 finds:
•	On January 20, 2021, the administration of President Joe Biden temporarily suspended oil and gas permitting on federal lands and waters for sixty days; 
•	Oil and gas extracted from public lands account for about one-fourth of annual US production;
•	Limitations on federal drilling have the biggest impact on major western oil- and gas-producing states such as New Mexico, which depend on revenue from their share of extraction royalties; 
•	The soil and gas industry in the state provides over forty percent of the revenues in the state's budget;
•	Currently, New Mexico ranks third in the nation in oil production and ninth in the nation in natural gas production;
•	The New Mexico Oil and Gas Association stated that restricting development risks the loss of more than sixty thousand jobs and eight hundred million dollars ($800,000,000) that would support public schools, first responders and healthcare services

HJR 3 requests:
•	A waiver to the recent sixty-day suspension of new oil and gas leasing and drilling permits for federal lands in the state; and 
•	President Joe Biden, US secretary of the interior designee, Deb Haaland, and members of the US House of Representatives and Senate receive copies of HJR 3.

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