“In a hearing on the Interior Department’s fiscal 2023 budget request, Manchin pushed back on the administration’s repeated references to the industry’s 9,000 unused leases to explain the energy crisis, arguing the administration has the power to pressure industry to use them.”
Some of the Ukraine supporters here (the Neocons) are making the same claim about oil companies not using their leases...now I know they’re getting their talking points from Biden.
“Some of the Ukraine supporters here (the Neocons) are making the same claim about oil companies not using their leases...now I know they’re getting their talking points from Biden.”
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We sure do seem to have quite a few Biden Democrats here lately.
They are playing with people’s lives and livelihoods. It’s on purpose and as the write says, sadistic. Something will explode - and they have no idea of the rage building.
If there is no support system{s} in place, i.e. pipeline, rail ways, heavy truck ready roads, there is no reason to drill.
You can only use oil if you can move it, and with the regulations that various gummint agencies impose, many times it is better to leave it in the ground.
Shut up you ignorant, lying PUtler loving scum.
And I will add that Mr. Robinson himself has appeared to support Ukraine resist the Russian invasion.
He might be interested in knowing he’s a “neocon” now.
In any case, why he puts up with the likes of you is beyond me.
I have heard a third argument:
That companies holding leases have already surveyed some or many of them, and made the determination that they are not profitable for further exploration. But now they’re in a lease agreement, and have to ride out the minimum term of that lease.
So, agenda’d Dems and RINO’s can accuse Big Oil of “sitting on” these lands, but that’s just a cheap shot that, at least in some number of cases, glosses over the reality that, for the oil companies, getting into the leases in the first place is always something of a crapshoot, because they may not actually pan out in terms of their suitability for exploration and production.
Actually, since these unusable leases have Big Oil stuck spending money on leases they cannot turn into profitable wells, you’d think the greeniac left would be kinda happy about them having turned into a sort of millstone around the neck of that industry.