I also think that all of the permits required to get to the point of pumping oil will become a tangled web that stops oil producers. The Biden regime will continue to say things like “Come on oil companies, we gave you the leases you asked for and your prices are still high!”
What about all the rigs he and the unelected bureaucrats laced on top of producers
Biden has already said he intends to get rid of the use of oil & gas, which is a by-product of oil.. He needs a real attitude adjustment. Anyone with half a brain knows this country depends on a good oil supply for just about everything. All the “green energy” available will never do the job without the use of oil.
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Oh! Happy days are here again! / snort
A person only needs to look at this drilling issue to learn that Obama is in charge at the White House. Obama’s Interior Department was responsible for overseeing drilling at the Deepwater Horizon site, and was responsible for the world’s worst environmental disaster outside of Obama’s killing of the Animas River in Colorado. Obama proved to himself and everyone else that Democrat administrators are total incompetents. Placing them back in charge of drilling on federal oil leases would be asking for political ruin .....again.
The Axis powers in World War II had their ass kicked because they could not produce oil. What the Biden administration is doing is treasonous.
I believe a lease occurs ahead of a permit to drill.
A lease is like an offer to sell a house. Now, let’s get some bids.
After that, AFTER, yah have to get a license to actually drill. The Feds can drag the license out for years. So, leases are meaningless.
Biden administration has authorized new oil and gas leases
80 % less of where they want to drill
Bonus round the fed up their royalty by 50 %
Net gain zero
A new scam to balm the problem on the oil industry media approved.
The “Big Guy” wants his 10% cut of oil profits.
Theater. They still won’t allow drilling or refining. So, it’s all crap.
Hunter or Joe?
“Rather than lifting the executive order, the administration simply ignored the court’s ruling.”
Lawlessness.