You do know the whole world is experiencing gas increased right? you do know what % of global crude the US produces right? you do know what one single lease would do to global production right?
"The lease would have given companies the opportunity to drill for oil in Cook Inlet, Alaska, an area spanning 1 million acres."
WOULD HAVE GIVEN is the key words
this shit takes literal years to get in full production and output. and again would be a literally % of a % of a % of US production, let along global.
you boneheads sure are hilarious. embarrassing yourself here constantly
"Leasing the Cook Inlet could have led to the creation of new underwater pipelines and offshore drilling across 1 million acres for more than 40 years. While access to this source of oil may have helped mitigate rising gas prices, it would not have provided immediate relief. Plus, it cuts off one potential avenue to reducing the U.S. dependency on foreign oil.
On the heels of the announcement, the Department of the Interior pointed out that, of the 10.9 million acres of offshore federal waters already under lease, only 25% are being used to produce oil, the New York Post reported."
LOL yep prices were about to fall 1$ cause of this land lease? clown
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zaq123 (2389)
3 years ago
Gee do you think Biden's attack on US oil production might be part of the global problem?
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JoWilli (21621)
3 years ago
https://www.nytimes.com/2022/05/12/climate/biden-oil-gas-lease-sales.html
Biden Administration Cancels Drilling Sales in Alaska and Gulf of Mexico
Republicans link the move to rising gas prices while the administration said it was a result of conflicting legal opinions and a lack of interest among bidders.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m
gas prices started spiking in Jan 2021, odd thats when your dementia president stole the white house.
what is creepy Joes plan to lower gas prices? we are set to release 180 million barrels of strategic oil.
maybe they should cancel more oil and gas leases that will make the prices go down.
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Leodicaprio (6426)
3 years ago
your own fucking article disproves you clown boy
U.S. President Joe Biden’s new energy policies will have a moderate impact on Brent prices overall."
You guys are saying the sky is falling and gas prices have been insane. thats not moderate. meaning its other factors.
love when the drool chins own article disagrees with him
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JoWilli (21621)
3 years ago
At the time of writing, the price of Brent crude and WTI stood at $63.22 per barrel and $60.55 per barrel respectively. Brent spot prices are expected to average $53.20 per barrel in 2021 and $55.19 per barrel in 2022, and WTI spot prices are expected to average $50.21 per barrel in 2021 and $51.56 per barrel in 2022, according to the U.S. Energy Information Administration’s latest short term energy outlook, which was released on February 9.
total fail!
Lets go Brandon!
gas prices started going up when Brandon canceled the Keystone pipeline
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