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Biden pauses new oil and gas leases amid legal battle over cost of climate change
CNBC ^ | February 24, 2022 | Emma Newburger @EMMA_NEWBURGER

Posted on 02/25/2022 9:28:43 AM PST by Red Badger

click here to read article


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To: econjack

“...restricted all Federal oil leases,”

I think that was 30% of all Federal oil leases.


21 posted on 02/25/2022 10:04:50 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: econjack

Lots of good info in your comment though.


22 posted on 02/25/2022 10:05:30 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Red Badger

Declare “Man-made Climate Change” a scientific and legal fraud. Then nullify all laws and regulations imposed to address this non-problem.


23 posted on 02/25/2022 10:05:37 AM PST by G Larry (Tolerance will rise until intelligent people are banned from thinking to avoid offending imbeciles)
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To: Red Badger

Clearly Biden is an agent of Vladimir Putin and a traitor!

That’s how that works right Media?


24 posted on 02/25/2022 10:06:22 AM PST by FLT-bird
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To: Red Badger

Any excuse will do...


25 posted on 02/25/2022 10:06:55 AM PST by MortMan (You better bring yours, when you come to take mine. - Creed Fisher)
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To: WMarshal

“That was an act of war and not treason.”

Biden’s choking off America’s oil supply is an act of treason and war.


26 posted on 02/25/2022 10:07:11 AM PST by Bonemaker (invictus maneo)
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To: Bonemaker

“What is going on in the Ukraine is much more important than climate change.”

Congrats, you didn’t even “miss it by THAT MUCH”, spot on.

This little scrape on my finger is more important than ludicrous attempts to control climate change.


27 posted on 02/25/2022 10:08:26 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: FlyingEagle

“That means if you have a lease, you cannot drill.”

It means if you have a lease but no permit you can’t drill.

A lot of existing permitted leases that were shut down are being reopened since they are profitable at these prices and they keep workers working. Estimates are that US production will rise by 1mm barrels a day by next year despite Biden.

That will still leave us about 4mm barrels a day below our peak.


28 posted on 02/25/2022 10:12:30 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Red Badger

The only “cost of climate change” that the Dems are remotely interested in is the political one. If the country can be made to endure energy price inflation and still elect Dems the rest does not matter one bit. This is probably not the wisest course of action, but there it is.


29 posted on 02/25/2022 10:17:12 AM PST by Billthedrill
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To: SaxxonWoods

“Great Reset”, here we come !


30 posted on 02/25/2022 10:24:30 AM PST by SecondAmendment (This just proves my latest theory ... LEFTISTS RUIN EVERYTHING !!!)
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To: BenLurkin

Biden also wants the Feds to CONTROL 30% of the land of the USA & 30 % of all the water by 2030.

called the 30-30-30 plan.

Along with controlling from the Fed level ALL ZONING.


31 posted on 02/25/2022 10:28:22 AM PST by ridesthemiles
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To: Bonemaker
"Biden’s choking off America’s oil supply is an act of treason and war.

I totally agree.

32 posted on 02/25/2022 10:47:40 AM PST by WMarshal ("No war for communism")
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To: Red Badger

Climate change, huh??

Oh, but supporting the SAME thing in other countries has no effect??

Oh yeah, they funnel BIG $$$ back to you and yours, ehh Plugs?


33 posted on 02/25/2022 11:25:46 AM PST by joethedrummer (We can’t vote our way out of this, folks..)
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To: econjack

Warren Buffet profits from the trains. It was repaying a favor for his financial support. Obama is behind this, and everything else. Joe is an empty suit.


34 posted on 02/25/2022 4:12:14 PM PST by Aut Pax Aut Bellum (What did Socialists use before candles? Electricity)
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