The situation regarding oil/gas prices and industry production is complicated and messy, as the link story will attest, but I tend to disbelieve Biden administration mouthpieces (ex, Interior Secretary Deb Haaland) who say the oil industry has 9,000 permits that have been approved, but are not being used.
Dustin Renaud, a spokesman for the environmental coalition Healthy Gulf. says the oil/gas industry
"is already sitting on over 8 million acres of unused offshore leases.''
So we're being told that they have all that, and they are letting it just go to waste, when It could be making a lot of money for them. ? Hmm. Something about that doesnt sound right. Sounds like the kind of thing that is difficult to check, but gives the Biden admin, a neat alibi to excuse them from 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. As baby formula disappears from store shelves, and other problems keep showing up.
Another thing that makes the Bidens and environmental groups less than credible is Biden's consistent war with the energy industry, that the whole world saw in the 2020 debates with President Trump, where Biden openly admitted his war with the oil industry. Here are the actual quotes>>
Trump asked.
“Would you close down the oil industry?”
“I would transition from the oil industry, yes,” Biden responded.
“That’s a big statement,” Trump commented.
“It is a big statement, because…the oil industry pollutes, significantly,” Biden responded.
President Trump and rival Joe Biden sparred over environmental policy at the end of the presidential debate on Thursday, with Biden indicating he would “transition” away from dependence…
www.nationalreview.com
The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska
abcnews.go.com