Free Republic

The Biden administration on Friday ordered a 20-year ban on new oil and gas drilling leases within 10 miles of the Chaco Culture National Historical Park in New Mexico, according to multiple reports. The moratorium — which the Department of Interior initially began considering in November 2021 — is a long-sought goal of several local politicians, conservation groups and Native American tribes that want to preserve the centuries-old Pueblo ruins located there, although some tribes have opposed the ban for limiting future economic opportunities, according to E&E News. Interior Secretary Deb Haaland, herself New Mexican and the nation’s first Native...

JPMorgan Chase CEO Jamie Dimon slammed the Biden administration in an interview this week over how the U.S. has responded to the energy crisis that has been worsened by Russia’s war in Ukraine by saying the U.S. has taken the wrong approach and the country needs to step up and “play a real leadership role.” Dimon made the remarks during an CNBC interview this week when he was asked about how worried he was about Europe this winter given the war in Ukraine and the energy crisis on the continent. “Well, I think we’re getting energy completely wrong, which is,...

BRUSSELS/LONDON (Reuters) -OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signalled it would not pump more. European Union officials held talks in Vienna with representatives of the Organization of the Petroleum Exporting Countries amid calls for the group to increase output and as the EU considers potential sanctions on Russian oil. "We could potentially see the loss of more than 7 million barrels per day (bpd) of Russian oil and other liquids exports, resulting...

Within hours of taking office, resident Biden made the supposed “climate crisis” his central focus and elimination of fossil fuels his primary “solution.” To show he meant it, Biden undertook several radical measures right off the bat. First, he canceled the Keystone XL pipeline; then revoked leases and permits in Alaska and offshore areas; then he slowed or blocked leasing, drilling and fracking projects and pressured banks not to lend money to fossil fuel projects. His pick for Comptroller of the Currency (since withdrawn) wanted to nationalize our banking system, control energy and food prices, and bankrupt the petroleum industry....