Biden Deals Another Blow to Oil and Gas Industry, Suspends Leases in Arctic National Wildlife Refuge
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Biden Deals Another Blow to Oil and Gas Industry, Suspends Leases in Arctic National Wildlife Refuge
It’s like the old Obamacare line, although President Joe Biden means it this time: If you like your high gas prices, you can keep your high gas prices. And then some.
Apparently unfazed by a dramatic climb in the national average price of gas — one which data from the Energy Information Administration shows began long before the Colonial Pipeline had to shut down due to a cyberattack in early May — the Biden administration suspended oil and gas leases inside the Alaska National Wildlife Refuge, including a small number sold during the final weeks of the Trump administration.
According to The Washington Post, Interior Secretary Deb Haaland said the Trump administration’s lease sales contained “multiple legal deficiencies” including “insufficient analysis” of the environmental impacts.
The sales on those leases had been wildly disappointing. Allowing drilling in ANWR had long been a policy goal of conservatives, something the Trump administration and congressional Republicans finally achieved by including it in their 2017 tax reform package. However, the auction of leases came as gas prices and demand were at record lows because of the COVID-19 pandemic.
According to a Washington Examiner report in January, the state of Alaska stepped in and was a bidder of last resort on two of the 11 tracts that sold; only $14 million was generated from the initial sale.
continued:
https://www.westernjournal.com/biden-deals-another-blow-oil-gas-industry-suspends-leases-arctic-national-wildlife-refuge/?utm_source=Email&utm_medium=conservative-brief-CT&utm_campaign=dailyam&utm_content=conservative-tribune
Apparently unfazed by a dramatic climb in the national average price of gas — one which data from the Energy Information Administration shows began long before the Colonial Pipeline had to shut down due to a cyberattack in early May — the Biden administration suspended oil and gas leases inside the Alaska National Wildlife Refuge, including a small number sold during the final weeks of the Trump administration.
According to The Washington Post, Interior Secretary Deb Haaland said the Trump administration’s lease sales contained “multiple legal deficiencies” including “insufficient analysis” of the environmental impacts.
The sales on those leases had been wildly disappointing. Allowing drilling in ANWR had long been a policy goal of conservatives, something the Trump administration and congressional Republicans finally achieved by including it in their 2017 tax reform package. However, the auction of leases came as gas prices and demand were at record lows because of the COVID-19 pandemic.
According to a Washington Examiner report in January, the state of Alaska stepped in and was a bidder of last resort on two of the 11 tracts that sold; only $14 million was generated from the initial sale.
continued:
https://www.westernjournal.com/biden-deals-another-blow-oil-gas-industry-suspends-leases-arctic-national-wildlife-refuge/?utm_source=Email&utm_medium=conservative-brief-CT&utm_campaign=dailyam&utm_content=conservative-tribune
Elizabeth Theus- Posts : 5592
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Join date : 2021-04-20
Age : 69
Location : Lansing, KS
Re: Biden Deals Another Blow to Oil and Gas Industry, Suspends Leases in Arctic National Wildlife Refuge
If the government enters into an agreement for oil and gas production, can it later change its mind without getting sued big time?
Lummy- Posts : 5864
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Join date : 2021-04-06
Location : USA
Re: Biden Deals Another Blow to Oil and Gas Industry, Suspends Leases in Arctic National Wildlife Refuge
nothing has been done here. but the airing of a communists wet dream. keystone? fail.
whitmore? fail. this thing? lol!!!! its been tried in the lower 48. it only holds credence if it puts your panties in a wad.
whitmore? fail. this thing? lol!!!! its been tried in the lower 48. it only holds credence if it puts your panties in a wad.
jirqoadai- Posts : 7403
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Join date : 2021-03-02
Location : Jesus Christ
Re: Biden Deals Another Blow to Oil and Gas Industry, Suspends Leases in Arctic National Wildlife Refuge
jirqoadai wrote:nothing has been done here. but the airing of a communists wet dream. keystone? fail.
whitmore? fail. this thing? lol!!!! its been tried in the lower 48. it only holds credence if it puts your panties in a wad.
""if it puts your panties in a wad""
What about all the girls out there ,that put a wad in their panties ?
vege57- Posts : 10206
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Join date : 2021-02-02
Age : 58
Location : Auckland , New Zealand
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