Didn't say it would cause a drop production on federal lands...immediately!The pause for review on new leases did not cause a drop in production on federal lands.
Saudi Arabia accounts for less than 10 % of our petroleum imports.
Oil exploration takes time, including getting the Feds to sign off on 10 year leases.
So the oil companies production levels out and the USA stops being energy independent.
Prices go up as the below illustration shows just in one year USA gas prices up by 45%!
Again... I NEVER said it was the ONLY reason gas prices have increased 45%.
But when 25% of the USA oil production comes from Federal lands... LOOKOUT as more knowledge experts than you and me
are telling us that!
Case in point...
Bush signed an average of 368/month over 8 years...
Obama less than 176/month
Trump averaged 415/month...
Now Biden has a moratorium...meaning ZERO!