Posted on 10/25/2023 6:52:46 AM PDT by george76
Biden seeks to all but end an oil and gas leasing program..
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during his first 19 months in office, Joe Biden leased fewer federal lands for oil and gas development than only one since the end of World War II.
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Last month, in a throwback to the days of Harry Truman, Biden released his statutorily required five-year OCS leasing plan, which all but ends the OCS oil and gas program. Following President Trump’s planned eleven OCS lease sales, Biden proposed only three, one each in 2025, 2027, and 2029. Biden wanted even fewer sales; .. blaming the courts for stopping him from a total shut down of oil and gas leasing in the Gulf of Mexico.
Federal courts have done just that. One court proclaimed Biden’s oil and gas leasing "pause," both onshore and off-shore, illegal back in June 2021. Last month, another federal court stopped Biden from reducing the acres offered in an upcoming OCS sale following a sweetheart deal with radical environment groups, the terms of which were not disclosed.
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Biden’s disastrous OCS oil and gas leasing plan could not come at a worse time. In late September, the Federal Reserve reported that, in August, inflation peaked at its highest in nine months, driven in large part by soaring gas prices. That was before Saudi Arabia and Russia announced they would reduce daily oil production by a million barrels. Many experts already expect that the price of oil could hit one hundred dollars a barrel in the near future. Thus, with what some predict will be a long, harsh winter ahead, more Americans will be required to choose between food and fuel.
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Strategic Petroleum Reserve at its lowest level since 1983,
(Excerpt) Read more at foxnews.com ...
that’s a feature, not a mistake.
Let’s go full ChyNa and demand rickshaws for everyone. The “migrants” can pull them for us.
What would you like Congress to do?
Thank you.
The only requirement for any Biden policy is that it severely damage the USA.
Yes, that was a joke. I grew up with horses, ranch horses before quads showed up, wrangled/guided rides at a dude ranch in the late 60’s and dad had race horses later when they were a good tax shelter for a while. Race horses were a mess, poor things. It was exciting to run to the winner’s circle every once in while though. Ruidoso Downs and Oaklawn in Arkansas.
He laughs at my sarcasm, plus he has no fingers so he can’t knife me - yet. LOL!
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