Sheffield: Instead of urging OPEC+ to supply more oil, President Biden should back off American drillers Sheffield: The Biden administration’s measure to limit oil and gas drilling on federal lands has started to backfire Instead of urging OPEC+ to supply more oil, President Biden should back off American drillers, the chief executive of Pioneer Natural Resources told Bloomberg in an interview. The Biden administration’s measure to limit oil and gas drilling on federal lands has started to backfire, Scott Sheffield said, adding that the president has “got to back off his rhetoric on federal leases going forward.” President Biden’s repeated pleas and later demands that OPEC boost production and rein in U.S. retail fuel prices has caused understandable chagrin among U.S. oil companies, especially after it failed to produce a response from OPEC and its partners, which met yesterday only to announce they would stick to adding 400,000 bpd […]