- Sep 19, 2011
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Why does Biden want to buy Venezuelan oil again?
The Treasury Department issued limited sanctions relief for oil production in Venezuela, following talks in Mexico City between a sector of Venezuela’s opposition coalition, the “Unitary Platform,” and the South American nation’s illegitimate regime of Nicolas Maduro.
FACT:
BUT what has Biden done to the USA domestic oil production efforts as exemplified by OIL Leases released by Biden for exploration?
How long do you think it takes from the time a federal land oil exploration lease is prepared, presented, signed, explored and productive?
From the people that do it for a living!!!
Drilling Down on Federal Leasing Facts
It takes months for new wells to start producing and it can take more than five years for some fields to go from discovery to production, thanks in part to regulatory and legal hurdles along the way. Mar 24, 2022
Now for another FACT.
A) In 2021, approximately 25% of total US oil production came from federal territory
B) How many years did Obama continually sign FEWER oil leases? Every year except one year!
EACH year he signed fewer and fewer leases. SO DUMMIES!!!
Trump took office in 2017! Faced with 332 fewer leases than the year before, etc.
Trump SIGNED MORE leases each and every year except in Covid year.
C) If it takes 5 years... and Trump signed MORE leases than Obama what does that do for oil production in almost 5 years on federal lands... EXCEPT WAIT for it... WHAT has the idiot dummy Biden done?
D) The Journal reports, “The Biden administration has leased fewer acres for oil-and-gas drilling offshore and on federal land than any other administration in its early stages dating back to the end of World War II, according to a Wall Street Journal analysis. President Biden’s Interior Department leased 126,228 acres for drilling through Aug. 20, his first 19 months in office, the analysis found. No other president since Richard Nixon in 1969-70 leased out fewer than 4.4 million acres at this stage in his first term
E) Biden increases the COST of oil exploration!
Biden increases oil royalty rate and scales back lease sales on federal lands The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.
BUT the leftist/Democrat biased Politifact.org disagrees with the above facts which again PROVES my point about the BIASED MSM!
...https://www.politifact.com/factchecks/2022/jul/22/herschel-walker/did-biden-stop-domestic-oil-drilling-herschel-walk/
This biased MSM supposedly FACT finder never addressed the ABOVE FACTS.
I challenge any of you supporters of Biden's anti-fossil fuel stance...REMEMBER this?
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
So to ALL of us that buy gas , the above Biden guarantee is a MAJOR reason we have to pay 75% more for gas, AND inflation is at 7.1% for the 12 months ended November 2022 Again versus 1.4% for 2020...
Current US Inflation Rates: 2000-2023 | US Inflation Calculator An increase of 500%!
The Treasury Department issued limited sanctions relief for oil production in Venezuela, following talks in Mexico City between a sector of Venezuela’s opposition coalition, the “Unitary Platform,” and the South American nation’s illegitimate regime of Nicolas Maduro.
Venezuela Is Bizarre Piece of Biden’s Incoherent Energy Policy Puzzle
Over the Thanksgiving holiday weekend, the Biden administration announced an easing of sanctions on Venezuela. With the midterm elections safely behind President Joe Biden, the administration likely hoped that Americans would be too busy finishing their turkey dinners to notice the...
www.heritage.org
BUT what has Biden done to the USA domestic oil production efforts as exemplified by OIL Leases released by Biden for exploration?
How long do you think it takes from the time a federal land oil exploration lease is prepared, presented, signed, explored and productive?
From the people that do it for a living!!!
Drilling Down on Federal Leasing Facts
It takes months for new wells to start producing and it can take more than five years for some fields to go from discovery to production, thanks in part to regulatory and legal hurdles along the way. Mar 24, 2022
Now for another FACT.
A) In 2021, approximately 25% of total US oil production came from federal territory
How much oil and gas comes from federal territory?
Roughly 25% of crude oil and more than 10% of natural gas produced in the US came from federal territory.
usafacts.org
EACH year he signed fewer and fewer leases. SO DUMMIES!!!
Trump took office in 2017! Faced with 332 fewer leases than the year before, etc.
Trump SIGNED MORE leases each and every year except in Covid year.
C) If it takes 5 years... and Trump signed MORE leases than Obama what does that do for oil production in almost 5 years on federal lands... EXCEPT WAIT for it... WHAT has the idiot dummy Biden done?
D) The Journal reports, “The Biden administration has leased fewer acres for oil-and-gas drilling offshore and on federal land than any other administration in its early stages dating back to the end of World War II, according to a Wall Street Journal analysis. President Biden’s Interior Department leased 126,228 acres for drilling through Aug. 20, his first 19 months in office, the analysis found. No other president since Richard Nixon in 1969-70 leased out fewer than 4.4 million acres at this stage in his first term
E) Biden increases the COST of oil exploration!
Biden increases oil royalty rate and scales back lease sales on federal lands The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.
BUT the leftist/Democrat biased Politifact.org disagrees with the above facts which again PROVES my point about the BIASED MSM!
...https://www.politifact.com/factchecks/2022/jul/22/herschel-walker/did-biden-stop-domestic-oil-drilling-herschel-walk/
This biased MSM supposedly FACT finder never addressed the ABOVE FACTS.
I challenge any of you supporters of Biden's anti-fossil fuel stance...REMEMBER this?
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
So to ALL of us that buy gas , the above Biden guarantee is a MAJOR reason we have to pay 75% more for gas, AND inflation is at 7.1% for the 12 months ended November 2022 Again versus 1.4% for 2020...
Current US Inflation Rates: 2000-2023 | US Inflation Calculator An increase of 500%!