Posted on 05/11/2022 8:41:46 PM PDT by bitt
The Interior Department will not move forward with planned oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet, it announced Wednesday night.
A spokesperson for the department confirmed the Cook Inlet lease sale would not proceed due to insufficient industry interest. Meanwhile, the planned sale of two leases, lease 259 and lease 261, in the Gulf of Mexico will not proceed due to contradictory court rulings on the leases, the spokesperson confirmed.
Shortly after taking office, President Biden signed an executive order freezing all new oil and gas leasing on federal lands. Last summer, Judge James Cain, a Trump appointee, struck down the ruling, prompting the Biden administration to appeal.
Meanwhile, in January, the Washington, D.C., District Court invalidated another Gulf of Mexico lease sold by the federal government, lease 257. The administration is not appealing the January ruling, although it affects a separate lease from the ones named by the Interior spokesperson.
The Alaska lease would have covered more than 1 million acres. The federal Bureau of Ocean Energy Management previously canceled lease sales in the area in 2006, 2008 and 2010, also citing lack of interest from industry at the time.
(Excerpt) Read more at thehill.com ...
Income does not convey the economic power that GDP does.
The Russian GDP is a measure of economic strength. Russia has nothing it manufactures that can be considered a decent export product. Absent oil and weapons, nothing “made in Russia” is bought by in the world markets.
Outside the few cities, Russia lacks paved roads.
“..Joe Biden and his administration are literally doing every damn thing they think of to get the American people to hate them. They are exploring NEW WAYS to get people who don’t even pay attention to politics at all to HATE their guts.
And believe me, it’s WORKING.....”
Without a doubt.
And, really, what’s not to hate??? These godless, baby-murdering, commie bassturds have done NOTHING for America or her People....NOTHING!!!
What these SOBs can’t steal in taxes, they deliberately steal via of inflation. Then, send it to the “laundry mat” in the Ukraine to further enrich themselves...like beady-eyed, greedy, little piglets going after the teats on a mother sow.
Now that the “unwashed masses” are slowly coming around to what’s actually going on, they’re getting a tad “nervous”.
They deserve everything that’s coming to them....everything.
^^
Lack Of Interest From Industry = Verbal Gymnastics
To the democrats everybody is from fly over country.
Exactly.
This also the reason the industry has not upped investment.
SO grateful!
God can move mountains and prayers can move God.
Hoping for a miracle!
We must be flush with petro huh? None of my “reps” give a 💩 obviously.
Leases are the easy part. Getting permits to do actual work.........
Biden will be impeached, but he won’t be convicted in the Senate since you need 67 votes to be removed from office, so that is not a concern. It’s good enough to be impeached. Biden will be the 4th president to be impeached and hopefully he will be impeached twice as payback.
AS gas prices jump nearly 40 cents per gallon around here the past four days!!!
The domestic enemy occupation continues.
Diesel is almost $7 here in New York which is insane. It now costs double to deliver anything by truck which gets passed on to the consumer.
Yup- and the biden kkklan blame everyone but themselves for the increase-
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