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Economy |
Biden Admin Has Issued The Fewest Oil And Gas Leases Since The 1940s |
2022-09-13 |
[ZERO] While President Biden stands in front of podium after podium assuring the American people he is doing everything within his power to help bring down the costs of energy in the country, the facts tell a different story. In fact, it was reported last week that Biden's administration has "leased fewer acres of land for oil and gas drilling on federal lands and waters than any administration in the last 76 years," according to the Daily Caller and Wall Street Journal. According to new data from the Department of the Interior, just 126,228 acres of federal land has been issued for drilling during Biden's tenure as President so far. It's the least since President Harry Truman allocated 65,658 acres of land from 1945 to 1946. However, during that time, the government didn't yet control offshore drilling leases, the report notes. |
Posted by:Besoeker |
#2 The financial institutions that own the gas and oil extraction stocks are loving it. |
Posted by: Snash Shairt9621 2022-09-13 12:17 |
#1 Economics is hard. |
Posted by: Tom 2022-09-13 11:52 |