Oil prices are set on a global market, and there’s little a president can do to significantly change them.

Drilling on public lands dropped like a stone when Obama was in office, but oil and gas production increased by 80% when Obama was in office, but the amount of land being leased on public lands has nothing whatsoever to do with the amount of energy production overall.

Your whole set of statistics is useless.



Oil companies prefer to drill on private lands because they don't have to pay for drilling rights on their own land. They have to pay a royalty in perpetuity on oil and gas found on public lands.
Oil Production
On Federal lands: In 2021, approximately 25% of total US oil production came from federal territory
sourceoilproduction2021.webp


But after Biden's guarantee to rid fossil fuels and his ban on Federal drilling, this is the result!
OilLeasesFedland062224.webp
 
Back
Top Bottom