Biden admin cancels oil lease sales despite claims they are doing everything to lower oil prices (Yahoo news via ASSOCIATED PRESS (AP))

ColonelAngus

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Feb 25, 2015
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The source is AP, so don’t do the lame attacking the source bs.


The Biden admin IS NOT doing everything they can to lower oil prices…THEY ARE LYING.


WASHINGTON (AP) — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record highs.

The Interior Department announced the decision Wednesday night, citing a lack of industry interest in drilling off the Alaska coast and “conflicting court rulings” that have complicated drilling efforts in the Gulf of Mexico, where the bulk of U.S. offshore drilling takes place,
 
The source is AP, so don’t do the lame attacking the source bs.


The Biden admin IS NOT doing everything they can to lower oil prices…THEY ARE LYING.


WASHINGTON (AP) — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record highs.

The Interior Department announced the decision Wednesday night, citing a lack of industry interest in drilling off the Alaska coast and “conflicting court rulings” that have complicated drilling efforts in the Gulf of Mexico, where the bulk of U.S. offshore drilling takes place,
The Department of the Interior will not move forward with Lease Sale 258 in the Alaska Region’s Cook Inlet nor with Lease Sales 259 and 261 in the Gulf of Mexico Region. These sales were included in the 2017-2022 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program. 

Sale 258 will not move forward due to lack of industry interest in leasing in the area. 

Sales 259 and 261 will not move forward due to delays caused by conflicting court rulings that impacted work on these proposed lease sales, which in turn, precludes the ability to have these sales before the National OCS Program expires on June 30, 2022. 

 
For the Biden supporters, I have but one question.

If it is considered a 'punishment' to shut down the Russian pipeline in an effort to destroy their economy and end the military action going on over there; How is it not punishing the American economy by shutting down pipelines and canceling exploratory and drilling leases?
 
For the Biden supporters, I have but one question.

If it is considered a 'punishment' to shut down the Russian pipeline in an effort to destroy their economy and end the military action going on over there; How is it not punishing the American economy by shutting down pipelines and canceling exploratory and drilling leases?
Well, you might have an argument. I guess shutting down Keystone was an effort to destroy the Canadian economy. Because have no doubt, TransCanada sure as hell didn't want it to help ours.

But the second part, what cancellation of exploratory and drilling leases? Canceling a sale, when the industry hasn't expressed much interest, is not canceling a lease. Not even close.

Gas prices may have been a little cheaper if Trump was president. But not because of supply issues, regulations, or the sale of leases on government land. They would be cheaper only because the oil companies would be using prices to manipulate the results of an election, keeping it low to support Republicans, as opposed to keeping it high to oppose Democrats.

And I got to be honest, even if I was supporting Republicans it would really piss me off that an entire sector of the economy was purposely fawking with my wallet in order to manipulate the results of the election. And now that I am pissed off, well it is time to rant.

Look, about the stupidest thing a country can do is export their oil. I mean it is a limited resource. Why the fawk would you be giving it to other countries. You want to be the first to run out or the last? But there is one thing even more stupid. Exporting refined petroleum products. Air pollution, water pollution, soil contamination, all are an inherent part of the refining process. Increased asthma rates, effects on the reproduction cycle, cancer clusters, contaminated water, contaminated fish in those waters, contaminated soil that leeches into the food chain. WTF, I mean it might be a price we are willing to pay to get gasoline for our cars, diesel to move our products, or heating oil to keep us warm. But it sure is not a price we should be paying so the people in Brazil can get cheap diesel. The drug gangs in Mexico can get cheap fertilizer. Or even the pansies in France can preserve their own environment as we take a big old shit in our own backyard.

America first, ain't that the motto. Like I said, time to force our government to start walking the walk and not talking the talk. I be damned if we should be paying the environmental price for refining petroleum products so that other countries can avoid those costs. I mean good God almighty, the countries of the world have been extorting our natural resources for far too long, half a damn millennium. Time it stops.
 
How are they doing everything they can when they cancelled lease sales LAST MONTH?!
 

Who the fawk is this dumbass. Food shortages because farmers can't afford to feed their animals so they send them to be slaughtered? WTF, that means food prices DECLINE.

And what damn food shortages? I mean if you guys are having problems getting basic food supplies, especially meat, then PM me and we can work something out.
 
The Biden admin IS NOT doing everything they can to lower oil prices…THEY ARE LYING.

Below is from the OP's own link.


New leasing will not lower current gas prices,'' countered Dustin Renaud, a spokesman for the environmental coalition Healthy Gulf. It takes several years for new leases to begin producing oil, he noted, adding that the industry "is already sitting on over 8 million acres of unused offshore leases.''

She defended Biden administration actions to scale down federal leasing, saying that industry has about 9,000 permits that have been approved but are not being used.

"The industry is free to use these permits in a way they see fit. They just haven’t acted on those,” Haaland told a House committee last week.

Oil companies say they have increased production as the economy recovers from the coronavirus pandemic, but they have been reluctant to ramp up production further, citing a shortage of workers and restraints from investors wary that today’s high prices won’t last. Decisions by the OPEC+ ( What trump signed to DECREASE oil production) oil cartel, led by Saudi Arabia and Russia, to only modestly increase supplies to the world market have also kept prices high.
 
Last edited:
The source is AP, so don’t do the lame attacking the source bs.


The Biden admin IS NOT doing everything they can to lower oil prices…THEY ARE LYING.


WASHINGTON (AP) — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record highs.

The Interior Department announced the decision Wednesday night, citing a lack of industry interest in drilling off the Alaska coast and “conflicting court rulings” that have complicated drilling efforts in the Gulf of Mexico, where the bulk of U.S. offshore drilling takes place,
If you worked in an industry where the President of the USA says he guarantees that the USA will rid itself of that industry, and the President says that industry's workers should be thrown in jail and that the USA raises the prices of doing that industry's work 50%...how can that be NOT an effort to destroy that industry?
FACTS:

Biden statement:
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”

Biden statement:
Also tell me what YOU would do if you were an oil executive and you heard this...
Biden : “we should put them in jail” when talking about fossil fuel executives.
Again what would you do if the President wants you thrown in jail?
Then to top it off....
Biden ACTION raise rates!
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.
Now if you are truly an honest and intelligent person... given the above what is the fossil fuels future under Biden?
Destruction. Jail time for oil workers. Higher costs today.
 
The source is AP, so don’t do the lame attacking the source bs.


The Biden admin IS NOT doing everything they can to lower oil prices…THEY ARE LYING.


WASHINGTON (AP) — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record highs.

The Interior Department announced the decision Wednesday night, citing a lack of industry interest in drilling off the Alaska coast and “conflicting court rulings” that have complicated drilling efforts in the Gulf of Mexico, where the bulk of U.S. offshore drilling takes place,

Hey, Joe...

1656010230951.png
 
New leasing will not lower current gas prices,'' countered Dustin Renaud, a spokesman for the environmental coalition Healthy Gulf. It takes several years for new leases to begin producing oil, he noted, adding that the industry "is already sitting on over 8 million acres of unused offshore leases.''

She defended Biden administration actions to scale down federal leasing, saying that industry has about 9,000 permits that have been approved but are not being used.

"The industry is free to use these permits in a way they see fit. They just haven’t acted on those,” Haaland told a House committee last week.

Oil companies say they have increased production as the economy recovers from the coronavirus pandemic, but they have been reluctant to ramp up production further, citing a shortage of workers and restraints from investors wary that today’s high prices won’t last. Decisions by the OPEC+ ( What trump signed to DECREASE oil production) oil cartel, led by Saudi Arabia and Russia, to only modestly increase supplies to the world market have also kept prices high.
NOT ONE link! NO substantiation! WHY NOT?
Now for the FACTS with LINKS!
Biden guarantees (He said so!!) to be rid of fossil fuels. Look him in his eyes!!!
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


So if Biden is ridden fossil fuels, what responsibility to shareholders for their ownership in an industry to be destroyed?
Raise prices now! Make as much as you can.
Also tell me what YOU would do if you were an oil executive and you heard this...
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.

Again what would you do if the President wants you thrown in jail.
Then to top it off....
Biden ACTION raise rates!
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.

Now if you are truly an honest and intelligent person... given the above what is the fossil fuels future under Biden?
Destruction. Jail time for oil workers. Higher costs today.
 
Awwwww simpleton.
I copied the text from the OP link.

Tell me you didn't read the OP Link.
Don't you feel foolish now? LOLLOLLOOLOL
If it was so simple why not just copy the link...DUMMY! you expect me to believe your statement with NOTHING to back it UP?
That is a simpleton approach. Here for example is MY proof that Biden is out to destroy oil.
AGAIN...no links, no facts NO CREDIBILITY!

Biden guarantees (He said so!!) to be rid of fossil fuels.
Look him in his eyes!!!
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”

So if Biden is ridden fossil fuels, what responsibility to shareholders for their ownership in an industry to be destroyed?
Raise prices now! Make as much as you can.
Also tell me what YOU would do if you were an oil executive and you heard this...
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.
Again what would you do if the President wants you thrown in jail.
Then to top it off....
Biden ACTION raise rates!
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.
Now if you are truly an honest and intelligent person... given the above what is the fossil fuels future under Biden?
Destruction. Jail time for oil workers. Higher costs today.
 

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