Guest “Biden is Quicker-Fracker-Upper” by David Middleton
June 30, 2022
Biden administration’s foreign drilling plan delayed
By Jarrett Renshaw and Nichola GroomJune 30 (Reuters) – The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan. promised at the end of the monthaccording to sources.
Interior Minister Deb Haaland in May announced that the draft proposal would be revealed before the June 30th expiration of the current plan. The department will not be able to hold any offshore oil and gas rental sales until a new scheme is finalized.
The briefings with officials scheduled for Thursday before the public announcement were unexpectedly delayed, according to the sources. The reason and length of the delay is unclear.
Interior would not comment.
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They had 18 months to complete this. They don’t seem to have even made a serious effort to come up with a new rental plan, even though they are legally required.
Why is this problem?
In the Gulf of Mexico, Biden is choosing policy over policy
By Erik Milito
June 29, 2022The Biden administration has cast a worrisome cloud over the energy outlook for the Gulf of Mexico. New oil and gas rental sales in the Gulf of Mexico have come to a halt at a time when oil prices have risen by nearly 200% and Putin’s gratuitous aggression has destabilized global energy security. Deliberately delaying and impeding U.S. energy development is harming Americans and our allies every day.
While the White House seek to blame energy producers for high energy prices, companies have not been able to secure new offshore oil and gas leases since November 2020. This year will be The first year there is no overseas rental contract since 1965 – when Lyndon Johnson was president and Bonanza top national television ratings. Without new leases, companies cannot add to their exploration portfolio, which is important because most leases contain no tradable oil or natural gas. The greater the number of rental sales and the higher the acreage, the greater the opportunity to produce oil and gas in the United States. In other words, fewer oil and gas leases mean less oil and gas production.
While the Gulf of Mexico is banned from leasing, President Biden is planning trip to Saudi Arabia and the Kingdom’s oil production will certainly be on the agenda. The US has eased sanctions on Venezuela and continues to try to save the nuclear deal with Iran.
Instead of working with foreign regimes to secure additional supplies, the President should promote investment and new opportunities to increase oil production in our backyards.
In order for the government to lease out offshore space for oil and gas production, the government a rental program is required in place. On June 30orderThe current offshore oil and gas leasing program has expired and there will be no new program for a while.
Interior Minister Deb Haaland recently said Proposal for the next rental program will launch before June 30order.
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Before this point, every administration – whether they were Republican or Democrat – had fulfilled its legal obligation to maintain the rental program and organize rental sales. Every previous administration recognized the important strategic advantages of the ongoing rental program.
The delay in rental program could reduce U.S. energy production by 500,000 barrels of oil per day – roughly what the US imports from Russia in 2020. Furthermore, 60,000 high-paying and accessible jobs could disappear through the approx. significantly in the foreign rental program.
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Erik Milito is the president of the National Association of Ocean Industries.
Technically, there was a rental sale in 1965; however, no leases were nominated for tender. Before selling the first entire area in 1983, oil companies had to specify the leases they wanted to bid on. Since 1983, the bids have been confidential. Obama’s corruption judge Rudy Contreras effectively reinstated the nomination process when he illegally vacated Lease Sale 257.
Industry, states argue over call for sale of oil and gas rental
June 23, 2022
Oil and gas companies and 15 states have filed arguments asking the appeals court to overturn a federal court ruling so that the sale of oil and gas leases can be completed to parts of the US Gulf of Mexico.
Alan KovskiOil and gas companies and 15 states have filed arguments asking the appeals court to overturn a federal court ruling so that the sale of oil and gas leases can be completed to parts of the US Gulf of Mexico.
The case, in the United States Court of Appeals for the District of Columbia Circuit, stems from a federal district court decision on January 27 that not only requires further environmental analysis of the 257 rental sale, but also removes empty the sale is held in November (OGJ Online, January 28, 2022).
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In a summary filed June 13 in the appeals court, the American Petroleum Institute (API) cited cases where the appeals court ruled that such “speculative” estimates or use of for a rental sale and that even if the court insists on such a calculation, it can be done in the first place without vacating the sale.
“The district court overturned the longstanding precedent that the National Environmental Policy Act does not require such speculative assessments at the rental and sale stage,” API said. “It complicates this error by refusing to go back without a vacuum cleaner.”
The trade group points out that the Interior can make such calculations when companies submit exploration plans and when they submit development and production plans. And at any stage Furniture may refuse to plan or request changes to protect human health and the environment.
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Meanwhile, the real idiot Chief was paraphrasing Brady Bunch middle sister Jan in his latest pathetic excuse for his own troubles…
Biden says he won’t ask Saudi leaders to increase oil output, blames ‘Russia, Russia, Russia’ for prices
Biden says he won’t ask Saudi Arabia to increase oil production during his trip despite rising pricesBy Brooke Singman | Fox News
President Joe Biden said on Thursday that he would not ask Saudi leaders to increase oil production during his trip to Saudi Arabia next month, stressing that it was “not his purpose.” trip”, while blaming gas price in the United States on “Russia, Russia, Russia.”
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Russia, Russia, Russia!
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