Biden's war against energy
As energy and gas prices continue to be an issue across the country, the Biden administration’s handling of oil and gas leases has come under more scrutiny.
The Biden administration has leased less land for oil and gas drilling on government land and offshore than any other presidential administration at this point, going back to the end of World War II, according to a recent analysis conducted by The Wall Street Journal. It doesn’t incorporate leased Alaska land since the 1990s.
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“Number one, no more subsidies for fossil fuel industry, no more drilling on federal lands, no more drilling including offshore. No ability for the oil industry to continue to drill period,” Biden said in a 2020 Democratic presidential debate.
When Biden got into office, he paused new leases and extra reviews had to be done for drilling permits for around two months. He slightly pulled back on this when Russia invaded Ukraine and there were huge spikes in oil costs, as he pushed for more oil sources.
The administration only had auctions in one of the six quarters it has held office, which took place in late June after gas prices were skyrocketing. The Mineral Leasing Act of 1920 notably says that onshore oil and gas leasing has to be done “at least quarterly.”
The leasing practice had already been dropping off because oil and gas companies were less willing to develop offshore drilling and federal lands as fracking took off, but Biden has accelerated the drop. Leasing is down 97% from the first 19 months of former President Donald Trump’s time in office.
The Biden administration has avoided admitting this. The Interior Department said, according to the Journal, that it gave out a record amount of drilling permits for leases that were already in place last year. Department spokeswoman Melissa Schwartz said the industry has moved toward private and state-owned property and around 60% of the approximately 35 million acres the federal government leases isn’t in production.
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This is idiotic. It is happening at the same time Biden was buying gas from Russia and trying to be Middle Eastern countries to increase production. None of this is logical or makes any sense.
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