Jen Psaki: “There are 9,000 approved oil leases that the oil companies are not tapping into currently”… Aeuhhh?

[Uncensored2008]

There are 9,000 drilling permits.

Lease<> Permit

Try a different gaslight Jen, maybe that time at bandcamp?

 

[eagle1462010]

EPA Rescinds Previous Administration’s Guidance on Clean Water Act Permit Requirements | US EPA

EPA News Release: EPA Rescinds Previous Administration’s Guidance on Clean Water Act Permit Requirements

www.epa.gov

Background

On January 20, 2021, President Biden signed Executive Order 13990, “Executive Order on Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis.” This Executive Order directed EPA to review all regulations and policies undertaken by the previous administration and rescind or revise any that do not protect public health and the environment. Accordingly, EPA conducted a review of the Maui guidance.

In April 2020, the Supreme Court issued its opinion in County of Maui v. Hawaii Wildlife Fund, addressing the question of whether a Clean Water Act NPDES permit is required for releases of pollutants from a point source to a jurisdictional water through groundwater. 140 S.Ct. 1462 (2020). The Court held that an NPDES permit is required “if the addition of the pollutants through groundwater is the functional equivalent of a direct discharge from the point source into navigable waters.” Following the Court’s decision, in January 2021, EPA issued a guidance document explaining how to apply the Court’s decision in the NPDES program.



OBAMA 2.0

 

[eagle1462010]

Biden Set to Announce Russian Oil Ban Today

Crude oil futures extended gains on the news.

www.rigzone.com

 

[Uncensored2008]

Biden Set to Announce Russian Oil Ban Today

Crude oil futures extended gains on the news.

www.rigzone.com

Does that mean Biden will have to refund some of his bribes?

 

[eagle1462010]

Does that mean Biden will have to refund some of his bribes?

I think this is set up play. Creating more misery than Covid because the entire world was pissed over the restrictions........

MIGHT BE a new CAMPAIGN get out the votes...........Putin withdraws over the oil embargo............and the Globalist play the look we saved Ukraine Card.

Not sure............but these large events always head this way.

 

[Oddball]

Pissi is stupid as hell and a big fat liar too.

Watts Up With That?

Jen Psaki: “There are 9,000 approved oil leases that the oil companies are not tapping into currently”… Aeuhhh?​

Guest “WTF is she talking about?” by David Middleton

Excerpt:

This post is the first sequel to: Democrat Senators Demand That Oil Companies Increase Production.

As I write this post (the morning of March 7, 2022), West Texas Intermediate (WTI) is right around $120/bbl. It actually topped $130/bbl over the weekend. This morning, I paid $3.999/gal for regular unleaded gasoline in Houston, Texas. While I make my living finding oil & gas and high oil prices are good for the bottom line right now. These prices are likely to be unsustainable and could trigger a recession and subsequent oil price crash.

The Brandon maladministration is increasingly facing questions about why they aren’t taking measures to increase domestic oil production. This is a typically moronic Democrat political hack response to the questions:

LINK

They pulled this same shit during the reign of the Kenyan lawn jockey.

Most of those leases are in areas that are low probability sites, and/or tremendously expensive to extract the resources.

 

[mudwhistle]

There are 9,000 drilling permits.

What is the tax-increase and increase in fees on those permits?

Oh.....and is there any oil or natural gas in those permits?

“Just because you have a lease doesn’t mean there’s actually oil and gas in that lease, and there has to be a lot of development that occurs between the leasing and then ultimately permitting for that acreage to be productive,” he said. “I think that they’re purposefully misusing the facts here to advantage their position.”​

​

Biden Administration Is ‘Misusing Facts’ on Oil Permits, API Says

(Bloomberg) -- The head of the biggest U.S. oil lobby groups said the Biden administration is “misusing facts” when it claims the industry has more than 9,000 federal drilling permits on which it can drill to boost supply and ease soaring energy prices. Most Read from BloombergUkraine Update...

finance.yahoo.com

​

​

​

"The Interior Department warned of delays in new drilling permits after a Louisiana-based federal district judge blocked the administration’s method for assessing how its permit approvals affect climate change. “To have your judicial system and regulatory branch trying to throttle oil and gas production while you’re scrambling to look under every rock around the world for a barrel of oil is awkward and contradictory."​

​

Read more at: Biden Delays Oil Permits as Gasoline Prices Surge on Ukraine​

Copyright © BloombergQuint​

​

Biden Delays Oil Permits as Gasoline Prices Surge on Ukraine

Biden Halts Oil Permits Just as Gasoline Prices Surge on Ukraine

www.bloombergquint.com

​

​

Biden administration freezes new oil and gas drilling leases after court rules against key climate tool | CNN

The pause comes after a judge ruled against Biden's social cost of carbon metric, which uses models to put a value on each ton of carbon dioxide emitted to quantify the economic harm caused by the climate crisis, like sea level rise and wildfires.

www.cnn.com

​

 

[WinterBorn]

Exactly...most wells drilled don't produce oil. 1 out of three to five will.

Rock formations can be troublesome as well as a LOT of issues.

Ok, so lets look at 1 in 5 producing.

With 9,000 drilling permits, and only 1 in 5 produce oil, that will leave 1,800 producing oil wells.

 

[Oddball]

What is the tax-increase and increase in fees on those permits?

Oh.....and is there any oil or natural gas in those permits?

“Just because you have a lease doesn’t mean there’s actually oil and gas in that lease, and there has to be a lot of development that occurs between the leasing and then ultimately permitting for that acreage to be productive,” he said. “I think that they’re purposefully misusing the facts here to advantage their position.”​

​

Biden Administration Is ‘Misusing Facts’ on Oil Permits, API Says

(Bloomberg) -- The head of the biggest U.S. oil lobby groups said the Biden administration is “misusing facts” when it claims the industry has more than 9,000 federal drilling permits on which it can drill to boost supply and ease soaring energy prices. Most Read from BloombergUkraine Update...

finance.yahoo.com

​

​

​

"The Interior Department warned of delays in new drilling permits after a Louisiana-based federal district judge blocked the administration’s method for assessing how its permit approvals affect climate change. “To have your judicial system and regulatory branch trying to throttle oil and gas production while you’re scrambling to look under every rock around the world for a barrel of oil is awkward and contradictory."​

​

Read more at: Biden Delays Oil Permits as Gasoline Prices Surge on Ukraine​

Copyright © BloombergQuint​

​

Biden Delays Oil Permits as Gasoline Prices Surge on Ukraine

Biden Halts Oil Permits Just as Gasoline Prices Surge on Ukraine

www.bloombergquint.com

​

​

Biden administration freezes new oil and gas drilling leases after court rules against key climate tool | CNN

The pause comes after a judge ruled against Biden's social cost of carbon metric, which uses models to put a value on each ton of carbon dioxide emitted to quantify the economic harm caused by the climate crisis, like sea level rise and wildfires.

www.cnn.com

​

Exactly....More lies of omission.

 

[WinterBorn]

You only have to look at 2 basic facts to see the source of the high prices at the pump.

First, the link I posted that showed US oil production is at or near an all time high.

Second, the oil companies posted record profits for 2021.

 

[1srelluc]

At about 1:25 or so. Straight from the press secretary's mouth.

(Bloomberg) -- The head of the biggest U.S. oil lobby groups said the Biden administration is “misusing facts” when it claims the industry has more than 9,000 federal drilling permits on which it can drill to boost supply and ease soaring energy prices. Mike Sommers, the chief executive officer of the American Petroleum Institute, who was in Houston Monday for CERAWeek by S&P Global, said the in

Read more at: Biden Administration Is ‘Misusing Facts’ on Oil Permits, API Says
Copyright © BloombergQuint

 

[Devils_Advocate]

They hire geologists to graph and lay out the rock formations under the ground. I have no clue how they do their voodoo. I am not a geologist. But they look for particular geological formations as to finding the oil. It doesn't always work but it does often enough that it's worth a look by drilling and seeing. Unless the lease and set up costs are too much.

Extraction of petroleum - Wikipedia

en.wikipedia.org

 

[debbiedowner]

If we could all be honest with each other, democrats would admit they are at war with fossil fuels, and because of this, have affected prices going up before the Ukraine war.

But if you think fossil fuels are destroying the globe, what choice do you have?

So they lie and pretend that stopping the Key Stone Pipeline and stopping further oil exploration has not caused prices to increase and has not caused US dependence on fuel from Russia. But if you believe the cultists about the world ending due to carbon emissions, what choice do you have, so they go along with the false narrative.

Key Stone Pipeline is still open and pumps oil to Cushing, Ok. If you cannot do some fucking research don't comment on a subject. It's the XL that was discontinued and it pumped some of the dirtiest sand oil to the gulf coast for refinery and shipped overseas.

Now, don't even ask for a link since I assume your have 10 fingers and can research yourself.

 

[debbiedowner]

Programs: Energy and Minerals: Oil and Gas: Oil and Gas Statistics | Bureau of Land Management

www.blm.gov

https://www.nasdaq.com/articles/the-real-reason-big-oil-is-refusing-to-boost-production?amp&fbclid=IwAR18QXjH9jarQtfaB8yJL2B0XvHRxnEal53QdeH74Y_y_rcwX5xp0w0SEYQ

 

[JGalt]

There are 9,000 drilling permits.

Not all those leases are viable. Those unused drilling leases also represent a fraction of the active permits, many of which are being used by the private sector to produce oil and gas daily. There are more than 37,496 active oil and gas leases nationwide, meaning more than 75% are in use. Just because you have a lease doesn’t mean there’s actually oil and gas in that lease, and there has to be a lot of development that occurs between the leasing and then ultimately permitting for that acreage to be productive. Regulatory uncertainty has stifled further development, and the time period is often stretched out by legal challenges. Therefore the oil industry doesn't want to waste their time and resources on leases which may or may not have any oil or gas, especially when they're not sure what kind of stupid shit this administration is going to do in the future.

 

[Devils_Advocate]

Ok, so lets look at 1 in 5 producing.

With 9,000 drilling permits, and only 1 in 5 produce oil, that will leave 1,800 producing oil wells.

You are not going to produce to where it will cause a glut on the market…

Also you will not drill if the lease will not produce a profit…

 

[debbiedowner]

They pulled this same shit during the reign of the Kenyan lawn jockey.

Most of those leases are in areas that are low probability sites, and/or tremendously expensive to extract the resources.

Is The U.S. Energy Independent?

Did we lose our energy independence under President Biden? It's complicated.

www.forbes.com

 

[marvin martian]

In two weeks the recession will be official.

Call it by it's full name - The Biden Recession.

 

[WinterBorn]

Not all those leases are viable. Those unused drilling leases also represent a fraction of the active permits, many of which are being used by the private sector to produce oil and gas daily. There are more than 37,496 active oil and gas leases nationwide, meaning more than 75% are in use. Just because you have a lease doesn’t mean there’s actually oil and gas in that lease, and there has to be a lot of development that occurs between the leasing and then ultimately permitting for that acreage to be productive. Regulatory uncertainty has stifled further development, and the time period is often stretched out by legal challenges. Therefore the oil industry doesn't want to waste their time and resources on leases which may or may not have any oil or gas, especially when they're not sure what kind of stupid shit this administration is going to do in the future.

Domestic oil production is at or near all time highs. Oil companies have posted record profits.

But the high gas prices are the fault of Biden because he stopped construction of a pipeline that, if work had continued, would still not be completed?

Special kind of logic there.

 

[JGalt]

Domestic oil production is at or near all time highs. Oil companies have posted record profits.

But the high gas prices are the fault of Biden because he stopped construction of a pipeline that, if work had continued, would still not be completed?

Special kind of logic there.

Then explain why gasoline was so cheap under Trump, yet so high under Biden.

You have no logical explanation, except to blame it on everyone but Biden. It's not just one single pipeline, it's his entire energy policies that are a failure.