Industry associations have repeatedly warned that the Biden administration's actions have made it harder for companies to produce on federal land while making the U.S. more dependent on foreign nations for both oil and important mineral resources required for various green energy technologies.
"By removing these bottlenecks in the energy supply chain, the bill would help ensure abundant, affordable energy from diverse sources." The conservative coalition also cheered the legislation's attempt to rein in the National Environmental Policy Act , a broad law that requires federal agencies to review environmental impacts of projects before approval. However, cumbersome NEPA reviews take months and, often, years for relevant agencies to complete, delaying federal approvals for key projects.to special interests at the expense of higher energy costs and deficits.