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Biden Admin Set to Auction Off Over 80 Million Acres to Oil and Gas Drilling Companies
Newsweak ^ | 11/15/21 | Jack Dutton

Posted on 11/15/2021 5:04:19 PM PST by Libloather

The Biden administration is preparing to sell off more than 80 million acres of the Gulf of Mexico to oil and gas drilling companies in the largest federal offshore drilling auction in U.S. history—less than a week after the UN climate change conference COP26, where nearly 200 nations promised to reduce fossil fuel emissions.

The annual Gulf of Mexico lease sale is planned for November 17 in New Orleans.

The 80 million acres on sale is expected to produce around 1.12 billion barrels of oil and 4.2 cubic feet of natural gas over the next 50 years.

The controversial auction will take place only months after Hurricane Ida ravaged old fossil fuel infrastructure on the coast of Louisiana, leaving dozens of oil spills and petrochemical leaks in its wake.

Unsurprisingly, the move has drawn the ire of climate campaigners.

More than 250 environmental, indigenous and social justice groups sent a letter to U.S. President Joe Biden and other officials in his administration on Wednesday with an "urgent plea" to cancel the lease sale, which they said "makes a mockery" of the climate commitments made at COP26 to avoid a disastrous increase in global heating of over 1.5 °C more than pre-industrial levels.

(Excerpt) Read more at newsweek.com ...


TOPICS: Business/Economy; Conspiracy; Outdoors; Science
KEYWORDS: 202111; 20211117; biden; cop26; drill; energy; g20; gas; gaslease; glasgow; globalwarminghoax; greennewdeal; gulfofmexico; hurricaneida; jennifergranholm; louisiana; michigan; neanderthaljoe; neworleans; oil; okplease; opec; panicporn; scotland; scotlandyet
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To: Fury

I will be putting snow tires on soon and was planning on leaving the worn all seasons with the tire company.

Should I maybe keep them?


21 posted on 11/15/2021 5:42:44 PM PST by Cold Heart
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To: Libloather

Is this satire?


22 posted on 11/15/2021 5:44:20 PM PST by BobL (I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
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To: Lurker

4.2 cubic feet of gas is what Biden releases from his backside each day.


23 posted on 11/15/2021 5:53:53 PM PST by Disambiguator
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To: Libloather

There’s not one damn thing that we can do that will change climate. The nice thing for the scientists is there is no way to prove that what we do has/had any effect. There will be only new stats....and meaningless new, expensive solutions.


24 posted on 11/15/2021 5:57:45 PM PST by Sacajaweau ( )
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To: Lurker

I pass more than that a day.

I hope Biden doesn’t sell my drilling rights.


25 posted on 11/15/2021 5:57:51 PM PST by cableguymn (We need a redneck in the white house.... But the fact checkers said theintjey did story was false!)
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To: 17th Miss Regt

The courts said Joe couldn’t cancel them.


26 posted on 11/15/2021 5:58:21 PM PST by Sacajaweau ( )
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To: Cold Heart

Set them out by the road, and will be out to pick them up.

Thanks!


27 posted on 11/15/2021 6:01:11 PM PST by Fury
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To: NWFree

“ Early retired now.”

Good for you; missing the Brandon Bunch shenanigans.


28 posted on 11/15/2021 6:02:50 PM PST by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: 17th Miss Regt

Yep, I think you’re correct that this O&G lease auction is required by law.

IIRC in the first few days after Jan 20, the flurry of executive orders included suspending new lease auctions on federal lands due to “ climate change”. This is when the ramp up of energy prices began. A lawsuit was filed and the federal court found against the FJB administration several months ago.


29 posted on 11/15/2021 6:10:12 PM PST by Hootowl99
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To: Libloather

he will auction it off and then make it illegal to drill.


30 posted on 11/15/2021 6:10:26 PM PST by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: Libloather

Only 4.2 cubic feet of natural gas? That’s not a lot!

I had to read the source article to see if that was correct, and sure enough, That’s what it says!


31 posted on 11/15/2021 6:30:41 PM PST by Real Cynic No More (Make America Great. Prosecute Dems who break the law!)
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To: Libloather

32 posted on 11/15/2021 6:54:18 PM PST by plain talk
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To: Libloather

Short term leases? Let’s see how that turd goes over.


33 posted on 11/15/2021 7:16:50 PM PST by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.I ha)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
More than 250 environmental, indigenous and social justice groups sent a letter to U.S. President Joe Biden and other officials in his administration on Wednesday with an "urgent plea" to cancel the lease sale, which they said "makes a mockery" of the climate commitments made at COP26 to avoid a disastrous increase in global heating of over 1.5 °C more than pre-industrial levels.

34 posted on 11/15/2021 7:23:30 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Libloather

LOL! And it ain’t the Bee either!


35 posted on 11/16/2021 6:39:03 AM PST by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: Libloather

Beware of Biden’s fuzzy fine print

YCBBYCD clause

You can buy but you cant drill.


36 posted on 11/16/2021 9:25:30 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: Fury

Who are you necklacing?


37 posted on 11/16/2021 9:27:02 AM PST by Osage Orange (1961 VW Two Door Truck)
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To: Rurudyne

ChiComs and/or Euroweenies.

Deep State is rewarding the people who helped install the POOTUS.


38 posted on 11/16/2021 9:28:58 AM PST by mewzilla (Those aren't masks. They're muzzles. )
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To: mewzilla

The Price of the Steal


39 posted on 11/16/2021 9:38:37 AM PST by Rurudyne (Standup Philosopher)
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