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Old 03-07-2022, 03:03 PM   #19
Jim in CT
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Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by Pete F. View Post
The oil industry’s fearmongering would seem to suggest that they are running out of leased lands on which to produce, more than half of all acres currently leased—13.9 million acres in total—are not yet being used to produce oil or gas. Over the past four years, the Trump administration orchestrated a fire sale of public lands, and companies stockpiled leases on millions of those acres. By sitting idle on these leases, the industry is not creating any revenue or jobs—energy or otherwise. It is, however, making a sizable parcel of public lands unavailable for other valuable uses, such as recreation and conservation, at the taxpayer’s loss.
Don’t ignore that the us taxpayers subsidize big oil with billions of dollars, but somehow that’s not socialism.
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is it fear mongering, or stating fact, to say that Biden campaigned on the promise of no new leases in federal lands.

when you say that while running for potus, and you win, the price of oil is very likely going up.

but trump bad.

you may have to check into rehab in november.
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