Posted on Oct 15, 2021
White House asks U.S. oil-and-gas companies to help lower fuel costs -sources
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After denigrating oil and natural gas, closing a key component of shipping raw oil from areas of production , Keystone Pipe line, and trying to limit leasing and drilling on federal land Biden now wants oil producers to climb on his sinking ship and help save it? Winter is coming and home heating prices are going to double. May Jim Carter still has some sweaters we can barrow. I would tell Biden to plug in a solar panel
White House asks U.S. oil-and-gas companies to help lower fuel costs -sources
Posted from reuters.com
Joe Biden
Energy
Oil and Energy
Democrats
Posted 4 y ago
Responses: 3
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The real world doesn't care about feel good policies that aren't practical nor pragmatic
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Let's look at one issue:
How many oil leases have been issued over the past 20 years that are not being developed?
Prices are not about shortage. There is still plenty of oil. This is a manufactured "crisis" by the oil industry. Happens every time a Democrat gets in the White House.
https://news.bloomberglaw.com/environment-and-energy/oil-gas-industry-stockpiled-drilling-leases-before-biden-pause
How many oil leases have been issued over the past 20 years that are not being developed?
Prices are not about shortage. There is still plenty of oil. This is a manufactured "crisis" by the oil industry. Happens every time a Democrat gets in the White House.
https://news.bloomberglaw.com/environment-and-energy/oil-gas-industry-stockpiled-drilling-leases-before-biden-pause
Oil, Gas Industry Stockpiled Drilling Leases Before Biden ‘Pause’
A stockpile of federal oil and gas leases across an Ohio-sized swath of land in the West shows the fossil fuel industry was preparing for a leasing moratorium for years, former Interior Department officials say.
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Why shouldn’t the oil companies help I worked in that industry for over 40 years and seen a lot of waste from oil companies and seen them only care for their bottom line and give much to the guys making the money for them
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