There are 9,000 drilling permits.
Biden signed an Executive Order one the first day of his Administration stopping new drilling permits on Federal Land. The Brandon Administration always lies, but hey, nice try.
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There are 9,000 drilling permits.
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.
But are they producing enough to make a profit?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.
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.
I thought you of the Reich had pivoted to blaming Russia?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.
I thought you of the Reich had pivoted to blaming Russia?
There are 9000 approved oil leases.So Red Jen, how many approved drilling permits are there to go with those leases? A lease is only as good as the drilling permit. Without those they will simply let the leases expire.
Anwar is not a panacea.But are they producing enough to make a profit?
He closed down all of the good oil fields in Anwar.
Where are all of these sites located and is there any oil there?
Drop in the bucket to over all leases...........But you can LEASE LAND all you want.......If you can't get a DRILLING PERMIT IT IS WORTHLESS.There are 9000 approved oil leases.
Then you thought wrong. I have not blamed Russia or Putin.
Zero of which have drilling permits.There are 9000 approved oil leases.
Anwar is not a panacea.
No....it's one of our oil fields.Anwar is not a panacea.
No....it's one of our oil fields.
Not far from there is where much of Russia's oil fields are.
Don't you know that an oil lease is a drilling permit? Oil lease. And, Biden has approved more so far than Trump did in four years. An oil lease isn't just a lease.Drop in the bucket to over all leases...........But you can LEASE LAND all you want.......If you can't get a DRILLING PERMIT IT IS WORTHLESS.
I just posted BIDENS ACTIONS................He attacked oilDon't you know that an oil lease is a drilling permit? Oil lease. And, Biden has approved more so far than Trump did in four years. An oil lease isn't just a lease.
You don't know anything. You get excited and trash Biden when you don't even know what an oil lease is.I just posted BIDENS ACTIONS................He attacked oil
SCREW HIM.