Posted on 03/12/2022 7:21:23 PM PST by SeekAndFind
The Biden administration lacks an understanding of how the energy industry works, and its recent statement regarding 9,000 approved drilling permits reflects as such, said Rep. Garret Graves (R-La.).
According to White House press secretary Jen Psaki in a March 7 press briefing, it’s inaccurate to say the Biden administration is not allowing companies to drill. She said, “There are 9,000 approved drilling permits that are not being used,” and she suggested reporters “ask the oil companies why they’re not using those.”
“That statement represents just a lack of understanding of energy policy and energy resources in the United States,” Graves told NTD’s “Capitol Report” on March 8. “You may get something permitted. It still may take ten years to actually get it into production. So a permit doesn’t necessarily mean that it can be turned on tomorrow.
“Number two, you have things that are permitted that ultimately are dry holes. They don’t actually have oil or gas. … It’s not a viable well. You may have something that’s permitted, but it may not have economically recoverable resources.”
Graves represents the sixth Congressional district of Louisiana, a major energy-producing state. He serves on the House Committee on Natural Resources and is the ranking member for two other House committees.
“Then the other thing that’s so important to keep in mind—this administration came out and said: we’re going to increase the cost associated with production; we’re going to increase regulations; we’re going to block you from building pipelines. So all of this creates regulatory uncertainty. And once again, maybe I can produce energy, but I can’t get it anywhere. Why would you produce it?” Graves said.
Biden has paused construction of the Keystone XL pipeline since he took office. He also placed a moratorium on leasing federal lands to oil and natural gas producers.
“So this is a flawed energy strategy coming out of this administration,” said Graves. “And they have put us in this just really awful situation that we’re in right now.”
Currently, gas prices have reached the highest in American history.
According to automobile association AAA, the average national price for a gallon of regular gasoline touched $4.17 on March 8, the highest price ever, not accounting for inflation. The previous high was $4.11 on July 17, 2008. On March 9, the price continued to rise to $4.25.
In an attempt to contain the price surge, on March 1, Biden authorized the Department of Energy to release 30 million barrels of oil from the U.S. strategic petroleum reserves, despite Americans consuming an average of 20 million barrels a day.
The administration sent a delegation to Venezuela on March 5, seeking oil resources from the socialist President Nicolas Maduro.
Graves said the solution is to develop a longer-term strategy, which is to produce more American energy.
He also said Biden’s energy policy actually had greater environmental impacts globally.
Graves explained that countries like Russia, Venezuela, and many African nations that we’re dependent on lack environmental rules.
“Their environmental standards don’t hold a candle to us. So you’re failing in energy production, you’re failing at national security, you’re failing at prices, and you’re failing in environmental sensitivity or protection,” said Graves.
Psaki claimed on March 7 that the United States produced more oil in President Joe Biden’s first year than in former President Donald Trump’s first year. And according to the Department of Energy, in 2023, “we will produce more oil than ever before.”
On March 8, Biden suggested that the oil prices “are going to go up.”
“Can’t do much right now. Russia is responsible,” said Biden.
A story like this will not be seen in the msm.
““So this is a flawed energy strategy coming out of this administration,” said Graves.”
Quelle surprise...
The eneMedia parrots the permits lie trying to convince voters drilling for oil is Jed Clampett easy - just poke a hole and up comes the oil.
It’s not really a “flawed energy strategy” it’s calculated demagoguery.
The intent is not to increase energy production it’s to gaslight the public.
Exactly correct. A permit granted does not mean there is a drop of oil beneath that area. It is merely an assumption there may be. A great many permits yield little to nothing. They merely grant the ability to do exploration drilling and if they happen to hit a yield worth investment they are only then put into production.
The Swamp Creatures are counting on the uneducated fools in our country along with the complicit media they control to deceive the average, ignorant fool who is totally unaware of this fact.
And, they have our piss poor education system that they control on their side. The average American is so very ignorant of so very many basics of life. Purposefully so. For the very reason that an ignorant population is far easier to control than an informed one. It’s why the Communists murdered and jailed most of their population with a good education and with ideas of their own.
“The eneMedia parrots the permits lie trying to convince voters drilling for oil is Jed Clampett easy - just poke a hole and up comes the oil”
Actually, Jed shot a hole in the ground, and up from the ground came some bubblin’ crude.
So, maybe Biden can point his Home Self Defense shotgun at the ground and hit a gusher for America with two blasts!
With the way things are going, he’d probably just wipe out someone’s cable.
Congratulations, you have just obtained a peemit to drill for oil on federal land.
Unfortunately, that land is off limits to road construction so there is no way to access your permitted site.
RE: A permit granted does not mean there is a drop of oil beneath that area. It is merely an assumption there may be.
So, you’re saying that even with places like ANWR opened up for exploration (like Trump did ), the price of oil would still be UP?
If so, how is Biden closing it for exploration going to make a difference?
Many of the permits are gas wells on the BLM lands of the western states. Think coalbed methane.
RE: but it’s unlikely more oil would appear on the American market in the near future no matter how many permits were issued.
So, how is Biden to blame for the surging price of gasoline?
Whether or not he adds more drilling permits or did not stop the Keystone Pipeline, it would not make any difference anyway.
It looks like based on what you wrote, Jen Psaki isn’t wrong in what she said.
Even so-called smart people think oil is oil. But if a permit is in an area likely to produce sour or heavy crude, it’s less valuable as it would probably be exported anyway. And there’s the lifting cost, which Biden is doing nothing but increasing. One reason we import oil is sometimes its cheaper.
“So, you’re saying that even with places like ANWR opened up for exploration (like Trump did ), the price of oil would still be UP? If so, how is Biden closing it for exploration going to make a difference?”
A permit application is requested when after evaluation by geologists the assumption is that there is a good probability that oil could be present in the area.
Once an exploratory permit is granted it allows the Oil Company to actually make exploratory drills to confirm their assumptions.
If their assumptions are confirmed they then must apply for actual oil drilling permits to get the oil.
This is the detail omitted by the Biden administration to fool the average Joe. They are falsely attempting to tell the American people “they have permits they are not drilling on”.
ANWR’s oil reserves were confirmed DECADES ago. The problem is, the Leftist Politicians (both Leftists and RINO’s) have been fighting tooth and nail to prevent us from ever drilling for it. Ever.
President Trump was the first man to ever overcome this decades-long opposition. And then, the 2020 Election Fraud by the Swamp conspired to eliminate the man.
RE: ANWR’s oil reserves were confirmed DECADES ago. The problem is, the Leftist Politicians (both Leftists and RINO’s) have been fighting tooth and nail to prevent us from ever drilling for it. Ever.
OK, so if Biden did not stop the ANWR project, would that make a difference in oil prices today? What about the other 9,000 approved drilling permits? How many of them have high confidence of confirming oil reserves? Or is it just “maybe”?
My question really is this — Had we NOT shut down any more drilling and maintained the Trump policy, how would it make a difference in lowering oil prices?
Keystone for instance is still an ONGOING project that isn’t slated to be completed this year, how would NOT shutting Keystone down contribute to lowering of oil prices?
We have to ask this because every single conservative commentator out there keeps mentioning Keystone *AND* the shutting down of additional drilling as the culprits in this energy inflation.
More importantly, if we had a more enlightened president ( e.g. Donald Trump or Ron DeSantis ), would would they need to do to combat energy inflation?
“Then the other thing that’s so important to keep in mind—this administration came out and said: we’re going to increase the cost associated with production; we’re going to increase regulations; we’re going to block you from building pipelines. So all of this creates regulatory uncertainty. And once again, maybe I can produce energy, but I can’t get it anywhere. Why would you produce it?” Graves said.
Which is irrelevant.
Everyone can see record high gas prices when they fill up their cars. They don’t need anyone to tell them that.
The Assistant Dems in the RINO party allow this to continue. Seems they are all in with FJB!
Elections have consequences like Biden’s War on: Energy, US Border, US Dollar, Russia.
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