Posted on 09/08/2023 3:50:01 PM PDT by Mr. Mojo
President Joe Biden’s Interior Department said it would cancel the oil and gas leases issued in the latter days of President Donald Trump’s administration.
Biden has said he would move to protect roughly 19.6 million acres in the Arctic National Wildlife Refuge (ANWR) for polar bears and caribou.
“As the climate crisis warms the Arctic more than twice as fast as the rest of the world, we have a responsibility to protect this treasured region for all ages,” Biden said in a written statement.
Trump issued the Alaska Industrial Development and Export Authority (AIDEA) seven leases right before Biden’s inauguration. The move is part of a larger strategy by which Biden has moved to cancel oil and gas exploration on public lands.
AIDEA said it would challenge the move.
“This latest action by the Department of the Interior shows arbitrary disregard for Federal law, based on campaign trail rhetoric. Campaign promises are not enough to justify this agency action,” AIDEA said in a statement.
(Excerpt) Read more at breitbart.com ...
Go long on Crude.
Because his Chinese bosses told him to destroy America.
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