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| Economy |
| Biden Admin Quietly Authorizes Largest Oil Lease Sale In US History Despite Campaign Promise |
| 2021-11-22 |
| [DailyCaller] The Biden administration auctioned off over 80 million acres in the Gulf of Mexico for oil drilling Wednesday despite a campaign promise to ban new oil and gas leasing, the Boston Globe reported. The auction is the largest offshore oil and gas lease sale in the United States, according to the Boston Globe. The new leases will produce 1.1 billion barrels of oil and 4.4 trillion cubic feet of natural gas, according to a Department of the Interior estimate, the Globe reported. Related: Oil and gas lease: 2021-11-06 Energy Secretary Granholm laughs off notion of boosting US oil production: 'That is hilarious' Oil and gas lease: 2021-06-16 Federal judge blocks Biden's ban on leases for drilling on public lands Oil and gas lease: 2021-02-02 Texas Governor Orders Agencies to Sue Biden Administration for Climate Actions That ‘Kill Jobs’ |
| Posted by:The Walking Unvaxed |
| #4 I think I recall a couple of days before that the Judiciary told them to comply with the law. [maybe someone in the loony house remembered a Lincoln quote - one war at a time] |
| Posted by: Procopius2k 2021-11-22 15:42 |
| #3 Ref #2: Exactly correct. Feel free to calculate the pricing impact to the consumer that litigation creates. Been going on for years. |
| Posted by: Besoeker 2021-11-22 10:12 |
| #2 ^ The gummint will take the bidders' money and leave it to the courts to stop any activity on the leases. |
| Posted by: M. Murcek 2021-11-22 09:32 |
| #1 ...In fairness, even a flatworm learns to stop doing things that cause it pain. The fun part will be watching the verbal gymnastics the Administration goes through to justify and/or deny that it's even happening. Mike |
| Posted by: Mike Kozlowski 2021-11-22 06:16 |