Biden admin finalizes most restrictive offshore oil drilling plan in US history

[libertybele]

Biden admin finalizes most restrictive offshore oil drilling plan in US history

The Biden administration on Friday finalized a plan to dramatically curb the number of offshore oil and gas lease sales over the next five years as it continues to aggressively push green energy development.

The Department of the Interior's (DOI) five-year offshore oil and gas leasing program schedules just three Gulf of Mexico lease sales through 2029, marking the fewest number of sales ever included in such a plan, which the agency is mandated to issue periodically. According to the DOI, holding the sales will enable future offshore wind leases under an Inflation Reduction Act (IRA) provision that tethers the two.

"President Biden’s approach to severely limit leasing significantly curtails access to a critical national asset," Erik Milito, the president of the National Ocean Industries Association, which represents both traditional and renewable offshore energy producers, said in a statement Friday. "The White House simply ignores energy realities by once again limiting U.S. energy production opportunities."

"With global demand at record levels and continuing to rise, regressive policies will harm Americans of all walks of life by putting upward pressure on prices at the pump, destroying good-paying jobs that form the fabric of Gulf Coast communities, and relinquishing geopolitical advantages of energy production to countries like Russia, Iran and China," he continued...............

https://www.foxnews.com/politics/biden-admin-finalizes-most-restrictive-offshore-oil-drilling-plan-us-history

[mystery-ak]

Biden admin finalizes most restrictive offshore oil drilling plan in US history
'The White House simply ignores energy realities by once again limiting US energy production opportunities,' lead energy group says
By Thomas Catenacci Fox News
Published December 15, 2023 5:34pm EST

The Biden administration on Friday finalized a plan to dramatically curb the number of offshore oil and gas lease sales over the next five years as it continues to aggressively push green energy development.

The Department of the Interior's (DOI) five-year offshore oil and gas leasing program schedules just three Gulf of Mexico lease sales through 2029, marking the fewest number of sales ever included in such a plan, which the agency is mandated to issue periodically. According to the DOI, holding the sales will enable future offshore wind leases under an Inflation Reduction Act (IRA) provision that tethers the two.

"President Biden’s approach to severely limit leasing significantly curtails access to a critical national asset," Erik Milito, the president of the National Ocean Industries Association, which represents both traditional and renewable offshore energy producers, said in a statement Friday. "The White House simply ignores energy realities by once again limiting U.S. energy production opportunities."

"With global demand at record levels and continuing to rise, regressive policies will harm Americans of all walks of life by putting upward pressure on prices at the pump, destroying good-paying jobs that form the fabric of Gulf Coast communities, and relinquishing geopolitical advantages of energy production to countries like Russia, Iran and China," he continued.

more
https://www.foxnews.com/politics/biden-admin-finalizes-most-restrictive-offshore-oil-drilling-plan-us-history

[DefiantMassRINO]

But, they can drill offshore to build wind turbines in the migratory routes of endangered marine species.

 

That makes no sense in any universe.

[bilo]

Even if a real America First POTUS wins in 2024, or 2028, what company will commit hundreds of millions of dollars to oil exploration when the next POTUS might make it impossible for them to get a return on their investment?

Fantasy island leftists are not only hurting the USA in the short term, but the consequences of their idiotic ideology will be felt for a generation.

[mountaineer]

Sorosobamabiden is causing irreparable harm. This country will not recover.

[christian]

America cut off oil and energy Japan needed, Japan declared war on America because of it.  Now Biden and his WOKE allies threaten America's energy and oil in much the same way.  History repeating itself except this time its the democrat party and Biden threatening America's survival.
Expect democrats and Biden telling us its our fault because we were dumb enough to elect democrats.  Denial and amnesia will fall like rain, the hos and stupids already know the tactics they intend to wear out, and get away with.
 
They know whom they serve!  Truth and facts/reality is their enemies.