Moonglow
Diamond Member
NO SHIT!!!! THESE are leases that were granted years ago!
WE are describing evidently something that YOU have no comprehension...i..e. PLANNING!
The oil companies can't sign leases to EXPLORE... do you understand? NOT produce but to EXPLORE!
All the gas you use was originally "EXPLORED" to find oil fields. Biden has prohibited any exploration on federal lands that produce today federal lands over 25% of all the oil used to be refined into gas that YOU use.
So people unlike you that are "PLANNERS" have to figure all federal lands no longer will be available for "EXPLORATION" and eventual production. BIDEN has seen to it!
DO you finally understand then why gas prices are going up NOW?
Planners are telling financial people... look it's going to cost more to find oil so we need to plan for these higher costs by charging more today! That's the way economics works! I'm 100% you don't comprehend anything I wrote though! Truly a moonBOT!
Biden Promised To End New Drilling On Federal Land, But Approvals Are Up
BILLINGS, Mont. — Approvals for companies to drill for oil and gas on U.S. public lands are on pace this year to reach their highest level since George W. Bush was president, underscoring President Joe Biden's reluctance to more forcefully curb petroleum production in the face of industry and Republican resistance.
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year, according to an Associated Press analysis of government data. That includes more than 2,100 drilling approvals since Biden took office January 20.
Damn if the echo chamber don't lie to you and you eat that shit up like it's the best damn thing you ever had...