Posted on 05/19/2022 12:31:00 PM PDT by RomanSoldier19
The Biden administration will propose a new five-year plan for offshore oil and gas development by June 30, the date when the current plan expires, Interior Secretary Deb Haaland said on Thursday.
The announcement comes as the administration has faced pressure from Republican lawmakers to expand domestic drilling to address soaring fuel costs. President Joe Biden, however, wants to reform the federal government's oil and gas program to consider its impacts on climate change.
Haaland testified before the Senate energy committee to answer questions on the administration's 2023 budget proposal, but was grilled by Republican senators and Democrat Joe Manchin about her department's limited offering of new oil and gas leases on federal lands and waters and its failure to finalize a new five-year plan before the expiration of the current plan.
"We are working expeditiously to move this forward," Haaland told the committee.
The Interior department is required by law to produce a five-year schedule of offshore oil and gas auctions. The administration earlier this month scrapped the current plan's last three planned sales, in Alaska and the Gulf of Mexico.
The department will issue a draft proposal by June 30, and according to its timeline, could finalize a plan by Nov. 30. Interior cannot hold any lease sales without a final program in place.
(Excerpt) Read more at reuters.com ...
Really. A 5 year plan? Amazing. They don’t even try to hide it any more.
“You can have my answer now, if you like. My final offer is this: nothing.”
a new five-year plan? Where have I heard that before comrade?
The Alaska lease that they cancelled was because of no offers. The Cook Inlet area has been drained. Don’t know what GoM area they cancelled, but if there were no offers, it’s likely industry knew it was empty, too.
If they want to ensure no impact on their climate stuff, they need only specify lease offers to be in areas they know have no gas or oil. No one will bid because there is nothing there.
Reverting back to the polices of the previous administration would be a good start.
How long does it take to write, “No. Nada. Absolutely not! Never!”
“You’ll get nothing and like it !”
They misspelled Ban.
yes
Five Year Plan
You win a lease; you get to pump all the oil you want; at the end of the lease expiration in five years, we will permit a pipeline for all that oil you pumped.
See? Plenty of oil.
Propose a new plan on the very day the old plan EXPIRES? Are these people nuts? The new plan should have been out in draft form two years ago. It’ll take them two years to approve the new proposed plan, so what will happen during that two year gap?
Lease all you want.
If you can’t get permits you just made a contribution to the treasure with your lease bonus.
I don’t expect to see lease bidders rolling in by very large numbers.
obama did similar things. Nominated moose pasture for the sales, no bidders.
If I were Hawley and granholm started spouting off that the industry execs told her the xiden changes upon immaculation had no effect on prices I would have said, “That is interesting. Who were they? I’d like to talk to them.” Of course we know she would say it was in confidence. I’d not let it go.
Hahahahahahaha...I think every single person reading this with even two neurons left to rub together probably straightened up and muttered “Five Year Plan???”
These a$$hats could ruin a crowbar. I am 100% sure that they will screw it up and make it worse. They can’t get out of their own way. Then they’ll place blame on Big Oil.
Any wage takers on this?
Butt-Head’s five year plan: no auctions whatsoever. Think of the fishies, etc, etc.
Less drilling and more windmilling? 30 million acres for wind mills in the Gulf of Methico. To power 11 million homes. Yeah, sounds like a great ROI. Until a cat4/5 ventures by.
A pyatiletka, as it were.
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