Biden Administration ‘Misusing Facts’ on Oil Permits, API Says

The head of the biggest U.S. oil lobby groups said the Biden administration is “misusing facts” when it claims the industry has more than 9,000 federal drilling permits on which it can drill to boost supply and ease soaring energy prices.

Mike Sommers, the chief executive officer of the American Petroleum Institute, who was in Houston Monday for CERAWeek by S&P Global, said the industry is using a higher percentage of federal onshore and offshore leases than at any time in the past, and it’s continuing to increase production to meet surging demand.

The Biden administration has repeatedly pointed ...