Oil & Gas Leasing Collapses Under Biden

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According to a Wall Street Journal analysis, the Biden administration has leased fewer acres for oil-and-gas drilling offshore and on federal land than any other administration in its early stages dating back to the end of World War II. There are almost none offered in fact.

By his own admission, Joe Biden has bought into the globalist views of the World Economic Forum and the UN. That is, they don’t want all these fossil fuels for the sake of the climate. It’s the same thing you see going on with farms. They don’t want all those emission-spewing farms. They believe they don’t need them since they think technology will replace the need for them.

The analysis found that President Biden’s Interior Department leased 126,228 acres for drilling through Aug. 20, his first 19 months in office. No other president since Richard Nixon in 1969-70 leased out fewer than 4.4 million acres at this stage in his first term, the Journal stated.

Harry Truman was the last president to lease fewer acres—65,658—in 1945-46, but there is a reason for that. In Truman’s time, offshore leasing was in its infancy, and the federal government didn’t have control of the leases, for the most part, so his numbers had to be a lot lower.

Biden is running 97% behind Donald Trump at the same point in his presidency, and Trump wasn’t a record-breaker.

BUT WHAT ABOUT THE INFLATION ACT

Biden canceled most of the lease auctions, and any coming up through legislation have not yet taken effect. They might never.

The Inflation Reduction Act, which does nothing to reduce inflation, requires the federal government to offer a minimum of two million acres of federal land and 60 million offshore acres per year for oil and gas leasing.

But the details are in fine print.

They only have to do it in the years they decide to authorize wind and solar farms on federal land. They can skip it if they have enough on private land. They can also offer undesirable areas to oil and gas companies who want to drill. They’ve done it already in the past year.

The act was a scam.


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GuvGeek
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GuvGeek
1 year ago

It is becoming obvious that Traitor Joe and the Deep State Bureaucracy have bought into the Climate Change lies put forth by the World Economic Forum Cult. The problem is that the Mental Midgets haven’t thought this through. They are all for the Destruction of the Fossil Fuel Industry with zero thought as to how to replace it. Windmills and Solar Panels are not a scale-able replacement. They are for open borders with no idea as to what the impact of an uneducated workforce will mean. They refuse to believe it will result in a Huge downward pressure on wages and increased poverty. They refuse to believe it will dramatically increase crime. They are for reducing Cow farts and just about every modern aspect of modern Food Production. The results will be simple – Famine!

We need to understand that the World Economic Forum Cult’s goal is the culling 7 Billion Humans from the Planet. They believe that the resources of the Earth, actually the Universe, are finite and Humans will use them all up. The WEF Cult doesn’t believe in the imagination of man to find innovations. I’ve been hearing their Theories and Predictions for 50 years and none have become true, but they cling to their insanity like Linus does to his smelly old blanket. We are dealing with Psychopaths. They tried to release a Bio-Weapon on Humanity. It didn’t work as planned. Then they came up with a Poison disguised as a Vaccine, but it’s working too slow. Now they are shutting down energy production and farming. This will result in a worldwide famine that could kill Billions.

The Psychopaths have a plan and it’s not going to be good for at least 95% of the People on Earth if they secede. Thank God we are not dealing with Rocket Scientist. This thinking is not new, it’s been around for centuries in Europe. My daughter remarked that sometimes she thinks we are living through “Mars Attacks” and we are at War with a bunch of Aliens. Her best line, “I know County Music bothers them, but it’s too bad Country Music doesn’t just make their heads explode.” What if WEF People really are Aliens?

Popeye the Project Boy
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Popeye the Project Boy
1 year ago
Reply to  GuvGeek

One of my sons believes they really are aliens. I used to laugh about it. Not anymore. These creatures are all satan’s children.