President Joe Biden’s administration has ceased all oil and gas leases to Alaska’s Cook Inlet and the Gulf of Mexico as of Wednesday night.
A spokesperson for the Interior Department said on Wednesday the “Cook Inlet lease sale would not proceed due to insufficient industry interest. [bold, links added]
Meanwhile, the planned sale of two leases, lease 259 and lease 261, in the Gulf of Mexico will not proceed due to contradictory court rulings on the leases,” according to The Hill.
When the president first took office in 2021, he signed an executive order freezing all new oil and gas leasing on federal lands only to have it struck down by Judge James Cain, a Trump appointee.
After appealing the ruling, a Washington, D.C., District Court “invalidated another Gulf of Mexico lease sold by the federal government, lease 257.”
The Alaska ruling affects a separate lease than the ones named by the Interior Department spokesperson. Per The Hill:
The Alaska lease would have covered more than one million acres. The federal Bureau of Ocean Energy Management previously canceled lease sales in the area in 2006, 2008 and 2010, also citing lack of interest from industry at the time.
Under federal law, the Interior Department is required to adhere to a five-year offshore leasing plan, which was set to end at the end of June in the case of the affected leases.
Energy prices have skyrocketed in conjunction with record inflation during the Biden presidency.
According to the Washington Post, the average price for a gallon of gas rose to a record high of $4.37 on Tuesday – the highest price recorded since AAA began keeping track of the climb in 2000.
“This is not the most expensive gas on record when adjusted for inflation, but the increase comes despite Biden’s ordering the use of a million barrels per day from the Strategic Petroleum Reserve a little over a month ago,” noted the Post.
The president vowed on Tuesday to make rising costs and inflation his administration’s top priority.
“Republicans have offered plenty of blame, but not a single solution to actually bring down the energy prices,” the president said.
Read more at Breitbart
ExxonMobil and Chevron are very welcome down here in Australia to go and find more oil and gas, because it seems they aren’t wanted in their home country by that fool in the White House.
OH!!! By the way… Watch how much the sale of lottery tickets go up as people become more desperate to obtain enough money to stay afloat! KACHING for these state’s officials raking it in for themselves.
Your loss is their gain!
“The President vowed on Tuesday to make rising costs and inflation his administration’s top priority.”
Well I must say for once he was not lying. INCREASING rising costs and inflation IS his administrations top priority with increasing killing babies for profit and tax revenues a close second.
Also; do not forget.. If an item had cost 100 dollars and had a 5% sales tax on it. That was $5 going to the state. Inflate that price to 200 dollars with a 5% tax and the state now makes $10. No wonder so many governors etc. love this guy.
“Republicans have offered plenty of blame, but not a single solution to actually bring down the energy prices,” the president said. Really? Looks like a taste of your own medicine, Mr. President. Let’s scroll through a few items: 1.) The opposing party requesting the resumption of LAWFUL federal oil & gas lease sales, as court ordered, is part of a solution. 2.) Your political opposition has endorsed pipelines & gas export facilities you don’t support. 3.) Your Administrations NEPA revisions will only COMPLICATE & delay infrastructure projects, UNLIKE your hated WH predecessor’s streamlining efforts. 4.) Your ill advised, heavy handed “ESG” initiatives in the financial markets are STIFLING oil & gas investments, the exact OPPOSITE of what the opposition party supports. That is just 4 easy, low hanging items to start with that are putting the “Costanza” on domestic energy development.. My thinking is the reality (here) is you are engaging in the classic progressive trait of PROJECTION. What did I miss?
There are the usial idiots from the various Eco-Freak group asking us to Tahk Biden the Worst for cutting off our fossil fuel in Alaska tell them to Go Pound Sand.IMPEACH BIDEN AND HARRIS
“I did that.”
— Sleazy Joe Biden
Hey Joe ! Its not the Republicans job to find a solution !! You created the problem, so you clean it up. Or else LEAVE !! Part of the problem is you giving into the far-left brainless greenies !