Biden's war on oil continues. Cancels leases for over 365,000 acres.

[BlindBoo]

Where do you think most of the oil is?

Not on federal land.

Texas Field Production of Crude Oil (Thousand Barrels per Day)

 

[Care4all]

Where do you think most of the oil is?

In the gulf and Dakotas?

 

[martybegan]

In the gulf and Dakotas?

How much of Alaska is federal land?

 

[martybegan]

Not on federal land.

Texas Field Production of Crude Oil (Thousand Barrels per Day)

Texas isn't the issue. The issue is off shore and places like Alaska.

 

[The5thHorseman]

Where do you think most of the oil is?

In the Permian Basin, Marty.

You're a fucking idiot.

 

[Moonglow]

Maybe he is trying to live up to his promise to end oil. Maybe he likes his sky high gas prices.

The facts show every action he has take on oil/gas has been to limit it.

Biden admin abruptly axes Alaska oil and gas leases backed by state lawmakers, Native Americans​

Alaska state agency to challenge federal action in court, conduct discovery of top Biden admin officials​

The Biden administration canceled several oil and gas leases issued in early 2021 to an Alaskan state economic development agency, it announced Wednesday.

The Department of the Interior (DOI) rescinded the seven 10-year leases — spanning 365,775 acres in the Arctic National Wildlife Refuge (ANWR) — held by the Alaska Industrial Development and Export Authority (AIDEA) and supported by a wide range of stakeholders, including lawmakers and Native Alaskans. The leases were issued by the Trump administration in one of its final actions.

Biden admin abruptly axes Alaska oil and gas leases backed by state lawmakers, Native Americans

The Biden administration is moving to cancel oil and gas leases spanning hundreds of thousands of acres in an oil-rich section of a wildlife refuge, Fox News Digital has learned.

www.foxnews.com

Good, stay out of the refuge.

 

[martybegan]

In the Permian Basin, Marty.

You're a fucking idiot.

This time. It's all part of the same pattern we will be paying for 5-10 years from now.

 

[The5thHorseman]

This time. It's all part of the same pattern we will be paying for 5-10 years from now.

Marty,

Stop yapping.

 

[martybegan]

Marty,

Stop yapping.

No. Now go make some long winded self dick sucking post for people to make fun of.

Remember, laughing AT you, not WITH you.

 

[The5thHorseman]

No. Now go make some long winded self dick sucking post for people to make fun of.

Remember, laughing AT you, not WITH you.

Marty,

You're witless and boring.

 

[ColonelAngus]

The Biden admin attack on fossil fuel is the reason for inflation and consequently, higher interest rates.

FUCK JOE BIDEN AND WHOEVER IS MOVING HIS ARMS.

 

[martybegan]

Marty,

You're witless and boring.

 

[kyzr]

If the rig count keeps dropping by 100 or so a year there will be a severe cut in US oil production, hopefully in late 2024.

p.s. what happened to refilling the SPR?

Riddle me this: why did Biden sell SPR oil to China instead of making them cut fossil fuel usage?

 

[Dadoalex]

Currently Dems control leases and permits, which controls exploration AND exploitation.

Currently oil companies hold leases on millions of acres on which they've not explored much less exploited.

Play with your own toys.

 

[martybegan]

Currently oil companies hold leases on millions of acres on which they've not explored much less exploited.

Play with your own toys.

How many of those leases are viable?

And if they hold so many, why deny them some more?

 

[Nuthin' Fancy]

First ANWR lease sale sees little industry interest, most ...​

Alaska's News Source
https://www.alaskasnewssource.com › 2021/01/06 › first-...



Jan 6, 2021 — The Alaska Industrial ..

Oil drillers shrug off Trump's U.S. Arctic wildlife refuge auction​

Reuters
Reuters | Breaking International News & Views › article › us-usa-alaska-oil
Jan 5, 2021 — The Trump administration on Wednesday found few takers at its sale of drilling leases in a pristine Arctic wildlife refuge, with an Alaska ...

Major Oil Companies Take A Pass On Controversial Lease ...​

NPR
https://www.npr.org › 2021/01/06 › major-oil-companie...
Jan 6, 2021 — Alaska's state-owned economic development corporation was the only bidder on nine of the parcels offered for lease in the northernmost swath ...

Sale of Drilling Leases in Arctic Refuge Fails to Yield a ...​

The New York Times
https://www.nytimes.com › 2021/01/06 › climate › arctic...
May 27, 2021 — Just half of the 22 available tracts of the Arctic National Wildlife Refuge got bids, and big oil companies stayed away.

 

[kyzr]

Currently oil companies hold leases on millions of acres on which they've not explored much less exploited.
Play with your own toys.

Why spend money exploring when Biden just pulls the permits?

 

[The5thHorseman]

The Biden admin attack on fossil fuel is the reason for inflation and consequently, higher interest rates.

FUCK JOE BIDEN AND WHOEVER IS MOVING HIS ARMS.

Is too!

Cretins.

 

[Nuthin' Fancy]

How many of those leases are viable?

Who knows.
Ask the oil companies, they're the ones that determine "Viability".

And if they hold so many, why deny them some more?

How much oil and gas comes from federal territory?​

USAFacts
https://usafacts.org › articles › how-much-oil-and-gas-...
Nov 21, 2022 — In the same year, 12% of total natural gas production came from federally leased territory. This includes both onshore and offshore production.

What about the other 88%?
NOT good enough?

 

[Mac-7]

US oil production is at record levels.

US crude output to rise to record 12.76 million bpd in 2023 - EIA

U.S. crude oil production is expected to rise by 850,000 barrels per day to record 12.76 million bpd in 2023, according to a monthly report from the Energy Information Administration on Tuesday.

www.reuters.com

Another failed troll post.

Why cancel oil leases except to slow down future oil production?