PRESS RELEASE October 24, 2023 CRS Releases “Restoring Accountability” Follow-up Report on Taxpayer Exposure from Orphaned Oil and Gas Wells Conservatives for Responsible Stewardship (CRS), a national grassroots organization with more than 23,000 members, has produced a new report following up on its 2021 report Broken Promises, which detailed the staggering taxpayer exposure from orphaned and abandoned oil and gas wells. “Despite agreeing, as a condition of their drilling permit, to fully clean up and plug well sites once they are finished using them, oil and gas companies regularly skip out on that obligation, leaving us taxpayers on the hook for billions of dollars in clean-up costs,” explained CRS president David Jenkins. This new report, with updated data, underscores how this fiscal burden on taxpayers continues to grow and explains how long overdue new rules proposed by the Department of Interior (RIN 1004–AE80) to significantly increase its oil and gas program bonding requirements can help. In Broken Promises, we reported that at the end of FY2020, there were more than 96,000 “producible and service wells” on federal public lands, which could leave U.S. taxpayers on the hook for as much as $13.7 billion in future clean-up costs. Since then, BLM has approved more than 11,200 additional permits for oil and gas companies to drill new wells on federal public lands—wells that, without federal bonding reform in place, potentially exposing U.S. taxpayers to an additional $1.6 billion more in clean-up costs. Taxpayers could eventually have to pony up as much as $15 billion, and that does not account for any potential future wells from the 34,000 oil and gas leases...
David Jenkins, president of Conservatives for Responsible Stewardship, recently published an op-ed in the The Gainesville Sun taking a closer look at Florida’s energy policies and what they mean for the future of solar. In Florida lawmakers favor solar monopolies over free market, Jenkins walks through concerns that current and proposed policies may be tilting the playing field toward monopoly utilities rather than encouraging real competition. He touches on what that could mean for rooftop solar, consumer choice, and long-term energy costs—while raising broader questions about how much government should shape the market. Read the full op-ed:...
David Jenkins, president of Conservatives for Responsible Stewardship, recently published an op-ed in the Reno Gazette Journal titled More drilling in Nevada won’t lower prices, just make Big Oil richer. In the piece, Jenkins looks at a question a lot of people are asking right now: would drilling more oil in the U.S. actually bring gas prices down? He explains that oil prices are set globally, so even if more drilling happens here at home, it doesn’t automatically mean cheaper prices at the pump for drivers. The op-ed also notes that expanding drilling on public lands would largely benefit big oil companies, since they are the ones best positioned to increase production and capture those profits. Read the full op-ed:...
With an unprecedented level of bi-partisan support, both houses of the Nevada legislature have passed a bill to establish a state renewable energy standard of 50 percent by 2030. The vote was unanimous, with “yea” votes recorded by every Republican and Democrat in the Nevada Senate and General Assembly. The legislation (S.B. 358), which also sets a goal of 100 percent renewable energy by 2050, was signed into law by Governor Sisolak on April 22. Given Nevada’s tremendous solar and geothermal energy potential, the low costs of these energy sources, and the state’s urgent need to diversify away from expensive natural gas generation, passing this legislation was the smart and conservative choice. Currently, Nevada depends on out-of-state natural gas for more than two thirds of its electricity generation. This makes no sense for a state that has unrivaled solar and geothermal resources–even more so, now that electricity generated by these renewables is cheaper than electricity generated using natural gas. Even new solar plants with storage are beating the price of gas-generated power. Also, since the price of natural gas is projected to double between now and 2030, Nevada residents were facing significant electricity rate increases. Solar energy, by contrast, is forecast to continue getting cheaper. CRS has been sounding the alarm about Nevada’s risky over-reliance on natural gas and the lack of diversity in its electricity portfolio for several years. It is gratifying to see the state take this prudent action to address that problem. There are still some on the political right, mostly those with close ties to special interests, who still peddle tired old canards that renewable...
Comprehensive and bi-partisan legislation to address climate change, the Energy Innovation and Carbon Dividend Act of 2018, has recently been introduced in both the House and the Senate. This progress is long overdue. Ronald Reagan, Margaret Thatcher and George H.W. Bush were all calling for action to address climate change 30 years ago. Since then we have seen this important issue fall victim to special interests influence and partisan politics. This legislation will reduce greenhouse gas pollution by placing a modest fee on carbon intensive fossil fuels to spur innovation and encourage the use of cleaner energy sources. The money collected from the carbon fee will then be allocated in equal shares every month to the American people to spend as they see fit. The government would not keep any of the money from the fee. If passed, this revenue neutral and market friendly policy will reduce America’s emissions by at least 40% within 12 years. It will also give America’s energy sector the regulatory predictability it needs to plan its future investments. This approach has strong support from economists and scientists as a simple, comprehensive, and effective climate solution. Current co-sponsors of the House bill, H.R. 7173, include Representatives Brian Fitzpatrick (R-PA), Francis Rooney (R-Fl), Dave Trott (R-MI), Charlie Crist (D-FL), Ted Deutch (D-FL), John Delaney (D-MD), Anna Eshoo (D-CA), Judy Chu (D-CA), Dan Lipinski (D-IL) and Scott Peters (D-CA). Current co-sponsors of the Senate bill, S. 3791, are Jeff Flake (R-AZ) and Chris Coons (D-DE). While many conservatives in Congress privately recognize the need to address climate change, they have been reluctant to take a stand publicly. A...
On November 19, CRS filed amici curiae briefs supporting lawsuits against the Trump administration over its dramatic rollback of Bears Ears and Grand Staircase-Escalante national monuments in Utah. These briefs were filed in opposition to the administration’s motions to dismiss the cases. CRS argues that the Antiquities Act, which provides presidents with specific authority to establish national monuments, in no way authorizes them to diminish or undo previously established monuments. Under that law—and the U.S. Constitution—such two-way authority rests only with Congress. “We have always maintained that these national monument rollbacks are illegal. The Antiquities Act was enacted exclusively to protect America’s natural and cultural heritage, it in no way confers authority on the president to diminish or destroy it,” said CRS president David Jenkins. In the early 1900s our nation faced a serious problem with the rampant looting and destruction of historic and scientifically important artifacts on public lands, much of which was done to turn a quick buck. Time after time, Congress failed to act quickly enough to preserve them. With the Antiquities Act, Congress responded to that problem by specifically granting the president authority to protect these resources by designating national monuments. There was never any thought of giving presidents the authority to unprotect. Trump’s claim to the contrary is ludicrous. It is also worth noting that the Antiquities Act, and its subsequent use to safeguard America’s national treasures, has a rich conservative heritage. It was passed by a Republican Congress and signed into law by Republican president Theodore Roosevelt. Sixteen Presidents (8 Republican and 8 Democrats) have since used its authority to create national monuments....
