Posted on 03/30/2023 8:44:56 AM PDT by ChicagoConservative27
The Biden administration was forced to offer up 2,600 square miles of federal oil and gas leases in the Gulf of Mexico this week, following a deal made by West Virginia Sen. Joe Manchin (D) in exchange for his support of the left’s climate legislation last summer.
Major oil companies have offered bids on more than 2,600 square miles (6,700 square kilometers) of federal oil and gas leases in the Gulf of Mexico in a sale mandated by the Inflation Reduction Act of 2022. Wednesday’s auction was the first in over a year and was expected to draw interest from major companies, such as ExxonMobil and Chevron.
(Excerpt) Read more at breitbart.com ...
“Greta is going to be pissed off.”
She is anyway.
Went isn’t she?
Fossils are molded shapes in solid rock. Petroleum and related hydrocarbons are found in liquid and gaseous form.
This is a money maker for the Feds. They doubled their take on these wells.
It’s just election bait speak no way he’ll ever do it.
He may have been forced to offer up the leases, but the administration will slow walk the permitting.
don’t be fooled, I’m confident the 2600 Sq miles are already geo mapped as dry land, IOW minimal oil or gas deposits, prob to the point that oil companies won’t bid for tracts n test wells drilled.
Manchin knows this also, but it provides him cover.
What has Manchin done for the miners in WV?
I distrust this.
The government is famous for auctioning off areas where they have a good idea there’s no oil at. And then later claiming victim, blaming conservatives and oil companies, when they had a good idea all along that it was dud (underwater) land.
“See! We have gazillions of new miles for drilling and still, no new oil. It’s a conspiracy of oil companies to rob you blind! We need windfall profits taxes, it’s the only true way to put a stop to your dwindling bank account because of high gas prices. Profits, profits are the real problem!” - and other arguments to this affect.
We’ve all heard it before.
The arsonist gets to position himself as the fireman.
Remember, this is The Obama / Biden Regime. Obama ignored a Federal Judge who ruled that Federal leases could not be ended just because you want. Eventually the Judge ruled the Obama drilling ban unconstitutional. Obama just wrote a new Executive Order that was basically the same as previous EO. Inexpensive, abundant energy equals more freedom. DemocRATS and more freedom does not compute. They will do anything to gain more power over anything and everything. Kalifornia already has planned blackouts, and rolling blackouts. If all you have is an EV, and you cannot charge it during the blackout, oh well. Kalifornia mandated only EVs for the KKKalifornia future, but they refuse to build more power plants.
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If Greta is going to be pissed, then all I have to say is -
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DRILL BABY, DRILL!!!
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