Sunday, May 22, 2022

Gas prices and Biden

Here's an update on the dirty tricks Creepy Joe Biden is using to drive up the price of gasoline to force you to use less.


https://www.wsj.com/articles/joe-bidens-fossil-fuel-blockade-onshore-drilling-leases-oil-gas-russia-11646409502


Last month a federal judge slapped down the Biden Administration’s inflated “social cost” estimate for greenhouse gas emissions. The Administration’s estimate captured all of the potential harm from carbon emissions globally over three centuries—yes, centuries. They threw in everything from property damage to health harms and war.


Biden officials were furious at the judge’s decision because they planned to use this grossly inflated social cost estimate to support restrictions on fossil fuels—from stricter fuel-economy rules to methane emissions curbs for oil and gas production. Now they can’t, so dozens of rule-makings are stalled.


But here’s the kicker: The White House budget office says the injunction has caused it to halt permitting work on at least 18 wells on federal oil and gas leases in New Mexico and new lease sales. The White House is blaming the judge for what it was already doing or, rather, not doing.


Interior has been slow-rolling oil and gas permits since Mr. Biden took office. A judge last June struck down the President’s leasing ban on federal land and ordered Interior to hold quarterly leases as required by law. Only in November did Interior finally hold an offshore sale. Then green groups sued, and a liberal judge blocked the sales. The Administration hasn’t appealed.


Still, Mr. Biden hasn’t held an onshore lease sale and is the only President in at least two decades not to have done so in a given year. Approvals for new liquefied natural gas terminals and expansions are also sitting at the Department of Energy and Federal Energy Regulatory Commission, according to the American Petroleum Institute.


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