healthmyths
Platinum Member
- Sep 19, 2011
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Prior to 4/15/2022 the reason why gas prices were climbing was because when Biden told the crowd..
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
Well, prior to the resumption of leases NO oil leases were signed on Federal lands that produce almost 24% of our oil.
The Biden administration said it will resume selling leases to drill for oil and gas on federal lands starting next week, but with a major reduction in the number of acres offered and an increase in the royalties companies must pay to drill.
The Interior Department announced that on Monday it will release a sale notice for leases to drill on 144,000 acres of government land —
80 percent less than what was initially being evaluated for potential leasing.
President Joe Biden, who on the campaign trail called for an end to drilling on federal lands, has been looking for ways to temporarily increase U.S. energy production to help drive down the price of gas.
BUT guess what folks... prices continued up BECAUSE...
Industry experts say it would take at least six months to a year before new drilling on federal land would produce additional supply and ultimately bring down the cost of gas, which has emerged as a major midterm election issue.
So when you are at the gas pump watching $$$ flowing out of your pocket, remember what Biden told the oil industry...
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
Well, prior to the resumption of leases NO oil leases were signed on Federal lands that produce almost 24% of our oil.
The Biden administration said it will resume selling leases to drill for oil and gas on federal lands starting next week, but with a major reduction in the number of acres offered and an increase in the royalties companies must pay to drill.
The Interior Department announced that on Monday it will release a sale notice for leases to drill on 144,000 acres of government land —
80 percent less than what was initially being evaluated for potential leasing.
President Joe Biden, who on the campaign trail called for an end to drilling on federal lands, has been looking for ways to temporarily increase U.S. energy production to help drive down the price of gas.
BUT guess what folks... prices continued up BECAUSE...
Industry experts say it would take at least six months to a year before new drilling on federal land would produce additional supply and ultimately bring down the cost of gas, which has emerged as a major midterm election issue.
So when you are at the gas pump watching $$$ flowing out of your pocket, remember what Biden told the oil industry...
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”