Biden Takes Aim at America’s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring

Biden Takes Aim at America’s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring

30 Jun 2022 ~~ By Michael Robinson

The Environmental Protection Agency (EPA) is preparing to cite the United States’ largest oil field for violating ozone pollution standards, a move that will threaten the end of oil and gas production in the region.
According to the Texas Governor’s Office, the proposed regulations will directly affect the Permian Basin, the largest oil field in the United States, accounting for 95,000,000 gallons of gasoline per day or 40% of the oil produced domestically.
This would be just one more move from Biden’s administration to impact the lives of every American by reducing the fuel supply and causing gas prices to soar well beyond Biden’s record of $5 per gallon.
“Even as Americans are struggling with $5 gas and record-breaking inflation, team Biden continues to double down on their political commitments to ‘end all fossil fuels,'” former EPA Chief of Staff Mandy Gunasekara told reporters Wednesday.
According to a report by Bloomberg, regulators would have three years to propose solutions to the violations. However, ongoing regulatory uncertainty common to Biden’s ever-increasing climate change initiatives is likely to disincentivize new permits and drilling in the oil field.



Commentary:
Fortunately, SCOTUS just ruled that the EPA no longer can rule by fiat. They do not have the authority to do so. It will now have to go to Congress to shut down the largest oil field in America.

Perhaps lack of access to food and resources will wake people up. I'm not talking about food 'shortages', just the outright ability to afford sufficient groceries and or utilities to keep the family safe and warm during winter.


My God, Gateway Pundit is stupid. There's a serious shortage of shale oil workers. Can your ignorant hysteria.
 

Biden Takes Aim at America’s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring

30 Jun 2022 ~~ By Michael Robinson

The Environmental Protection Agency (EPA) is preparing to cite the United States’ largest oil field for violating ozone pollution standards, a move that will threaten the end of oil and gas production in the region.
According to the Texas Governor’s Office, the proposed regulations will directly affect the Permian Basin, the largest oil field in the United States, accounting for 95,000,000 gallons of gasoline per day or 40% of the oil produced domestically.
This would be just one more move from Biden’s administration to impact the lives of every American by reducing the fuel supply and causing gas prices to soar well beyond Biden’s record of $5 per gallon.
“Even as Americans are struggling with $5 gas and record-breaking inflation, team Biden continues to double down on their political commitments to ‘end all fossil fuels,'” former EPA Chief of Staff Mandy Gunasekara told reporters Wednesday.
According to a report by Bloomberg, regulators would have three years to propose solutions to the violations. However, ongoing regulatory uncertainty common to Biden’s ever-increasing climate change initiatives is likely to disincentivize new permits and drilling in the oil field.



Commentary:
Fortunately, SCOTUS just ruled that the EPA no longer can rule by fiat. They do not have the authority to do so. It will now have to go to Congress to shut down the largest oil field in America.

Perhaps lack of access to food and resources will wake people up. I'm not talking about food 'shortages', just the outright ability to afford sufficient groceries and or utilities to keep the family safe and warm during winter.

Yet, it didn't happen. The Permian Basin has reached peak output but you can blame Biden.
 

Forum List

Back
Top