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Such a broken record.Currently oil companies hold leases on millions of acres on which they've not explored much less exploited.
Play with your own toys.
Texas isn't the issue. The issue is off shore and places like Alaska.
Don't know myself. One would assume that if they weren't viable the oil companies wouldn't have paid for the leases AND the leases haven't been explored so...How many of those leases are viable?
And if they hold so many, why deny them some more?
Has the government bought you a new bicycle to ride during the next energy crisis?Is too!
Cretins.
That's why the permits were pulled. No effort on exploration or exploitation.Why spend money exploring when Biden just pulls the permits?
Who knows.
Ask the oil companies, they're the ones that determine "Viability".
How much oil and gas comes from federal territory?
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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?
Why did Grifty wait til the last minute to open them?Why cancel oil leases except to slow down future oil production?
View attachment 826483
The Biden administration has approved a massive new oil drilling project in Alaska, over the objections of environmental advocates who have said greenlighting the plan would violate the president's climate goals.
It came a day after the administration said it was blocking or limiting drilling elsewhere in the state.
Every year is a new day in the drilling business, Marty.every percent counts when your side bitches about the saudis decreasing production.
Again, the issue really hurts 5-10 years from now.
Such a broken record.
They are not going to spend the cheese to explore and drill when Biden said he is going to get rid of all fossil fuel within 10 years or whatever.
Walk me through the math of the ROI.
You seem to making up excuses as neededWhy did Grifty wait til the last minute to open them?
The feds want more for their leases...apparently that price hasn't been adjusted for some time...oil companies don't want to pay.
Don't know myself. One would assume that if they weren't viable the oil companies wouldn't have paid for the leases AND the leases haven't been explored so...
AND
Maybe to hold them till there is need and get a higher price for the leases?
View attachment 826485
Every year is a new day in the drilling business, Marty.
Libs want an oil shortage if not now then in 5 yearsevery percent counts when your side bitches about the saudis decreasing production.
Again, the issue really hurts 5-10 years from now.
Marty,LOL the Dem's only business is sucking the dick of radical leftists.
And that day was 5-10 years in the making development wise.
And yet it was Grifty who argued for cutting production.Libs want an oil shortage if not now then in 5 years
Who is this Grifty that you keep referring to?And yet it was Grifty who argued for cutting production.
And like the you concede the argument.LOL the Dem's only business is sucking the dick of radical leftists.
And that day was 5-10 years in the making development wise.
Oil Nations, Prodded by Trump, Reach Deal to Slash Production Oil Nations, Prodded by Trump, Reach Deal to Slash Production (Published 2020)Who is this Grifty that you keep referring to?
Whoever it is he’s not the president, biden is
Marty,
They aren't drilling on leases they hold.
All they have to do is pay the new lease rate.
It's YOUR oil, Marty...why do you want to give it away to the people who sell it back to you?
Ask me.
And like the you concede the argument.
