Watch what they do. Not what they say.

 

2017-2018 Trump Admin approved 6,172 oil and gas leases

2021-2022 Biden Admin approve 6,430 oil and gas leases

Record profits for oil and gas companies in last two years, 2022 was 220B alone with 10B returned to shareholders.

Seems to me the Biden admin is approving and allowing the market to run. While at the same time they are trying to kick start and keep the momentum going on alternate energy sources. Same thing was done in the previous century in regards to coal/oil industries.

People who think myoptically are often blinded.

 

Until Biden opened up drilling in Alaska a couple weeks ago...

https://apnews.com/article/alaska-oi...45383dba921fe7

 

We change governments like underwear in the U.S. It's just like the Air Corp. Every 2 years some dick cheese comes in and says this is how things are going to be. Then he leaves and it's on to something else. The kompany is no different. Right now, BOJO talks about carbon and DIE. Everything on the planet is made from carbon. Gas and JetA will be flowing 50 years from now. DIE is much more a player. It's far cheaper and a HUGE profit center to hire ethnic minorities. These groups will work for far less money and benefits than white workers. The income spread between whites and minorities affirm this. This type of hiring assures decades of profitability due to lower wages and benefits for all kompanies practicing this type of hiring.

 

It can be tough to move off enshrined talking points even when the landscape has clearly changed...

 

Let's be fair here, this is only the case because it was part of the Inflation Reduction Act and Sen. Joe Manchin making sure it was in the deal . It's not like Biden woke up and suddenly had a pro-oil viewpoint but rather has been compelled to offer up and renew oil leases. Sadly it will take time for these effects to lower the cost of oil but again, he didnt do it because of a change in policy on the democratic ticket and "enshrined talking points" are based on his own 2020 campaign pledge to NOT offer new oil and drilling licenses on public lands.

 

or did he do it because the world’s oil landscape has changed significantly and a change was necessary? Joe Manchin is interested in Virginia coal, not Alaska oil.

 

a lot of loose leases are not worth it to drill on. Plus drilling comapnies are weary to drill with this administration since they never know if they will change a policy and make it impossible to get the oil out of the ground they spent millions on drilling.

 

I stand by my statement that the doofus that’s in office now and the rest of his criminal administration have waged war on fossil fuels in order to further their green agenda.

A transition to clean energy is a desirable thing but let’s not pretend they’re going about it the right way.

 

Except that the Biden admin is on record stating just this. Perhaps research before you contradict a post. I will say this again, Biden and his administration didnt have some revelation that oil was great, it was part of the deal they needed to get done, which ironically did the exact opposite of what its named to do. Perhaps its your enshrined views holding you back.

Manchin, who helped spearhead the Inflation Reduction Act, specifically wrote into the law provisions that required Interior to hold new oil and gas lease sales in the Gulf and Cook Inlet in Alaska. Wednesday’s sale won’t be the last; another sale is scheduled for September. Hmmm, guess he is interested in more than just Virginia coal.

“My strong inclination was to disapprove of it across the board,” Biden said last week in Canada. “But the advice I got from counsel was that if that were the case, we may very well lose in court. And lose that case in court to the oil company.”

On Wednesday, the Interior Department’s Bureau of Ocean Energy Management will hold a lease sale for an area that’s more than double the size of the Willow Project in acreage. The administration was forced to hold the sale after Joe Manchin added it to the Inflation Reduction Act, the major climate and energy bill that President Joe Biden signed last year.


But the administration says it was compelled to open the huge swath of Gulf waters to drilling because of stipulations in the Inflation Reduction Act of 2022. The budget act coalesceed around a deal Democratic leaders reached with their conservative colleague Sen. Joe Manchin of West Virginia, inserting requirements for new oil and gas leases.