From Market Watch:
Biden administration suspends new oil, gas drilling permits on federal land
The Biden administration announced Thursday a 60-day suspension of new oil and gas leasing and drilling permits for U.S. lands and waters as officials moved quickly to reverse Trump administration policies on energy and the environment.
The suspension, part of a broad review of programs at the Department of Interior, went into effect immediately under an order signed Wednesday by Acting Interior Secretary Scott de la Vega. It follows Democratic President Joe Biden’s campaign pledge to halt new drilling on federal lands and end the leasing of publicly owned energy reserves as part of his plan to address climate change.
The order also applies to coal leases and permits, and blocks the approval of new mining plans. Land sales or exchanges and the hiring of senior-level staff at the agency also were suspended.
Biden’s move could be the first step in an eventual goal to ban all leases and permits to drill on federal land. Mineral leasing laws state that federal lands are for many uses, including extracting oil and gas, but the Democrat could set out to rewrite those laws, said Kevin Book, managing director at Clearview Energy Partners.
This was on top of killing the outstanding Keystone XL permits.
Then there was this from Forbes:
New Mexico Officials Taken Aback By Biden Assault On Oil And Gas
Officials in the state of New Mexico professed to be taken aback last week by President Joe Biden’s day-one decision to impose a 60-day moratorium on all oil and gas-related leasing and permitting actions on federal lands. It is a decision that will have major ramifications on the state budgets of New Mexico and other Western states, especially if it is extended beyond its initial term and backed up by Biden’s promised ban on hydraulic fracturing on federal lands.
A little more than 2 years ago, in September, 2018, I wrote about the half-billion dollar windfall the State of New Mexico had just received during the course of a single sale of oil and gas leases on federal lands in the state.
Some New Mexico officials are now trying to defend themselves by saying they didn’t anticipate the new President would issue such a ban, but such protests ring rather hollow given that they most assuredly did understand that Biden plans to move ahead with his fracking ban, which would for all intents and purposes have the same effect. After all, virtually 100% of the drilling activity in southeast New Mexico targets the various shale formations in the Delaware Basin, and all shale wells require a frac job in order to be productive. Thus, a ban on fracking is the same thing as a ban on leasing and drilling.
New Mexico’s Democratic Governor, Michelle Lujan Grisham, said through a spokeswoman that “Certainly we all understand the critical importance of this industry to New Mexico’s bottom line and of the imperative to diversify our state economy and energy portfolio.” and that’s all fine. But the reality is that she and her administration can strive to “diversify” the state’s energy portfolio all they want, but the state will still lose hundreds of millions of dollars every year should the Biden administration succeed in shutting down her state’s oil and gas business.
New Mexico voted 54% for Biden. Not one week into this administration and their preferred candidate blew a half-billion-dollar hole right through the state’s budget.
Now I will turn to something I saw on Twitter:
In one stroke of a pen, Biden killed thousands of jobs, slit open a major artery of our economy, and destabilized the Middle East.
It’s hard to appreciate just how bad this is and is going to be.
As Miguel pointed out, Biden wants California to be the model of the United States. Right now, California gas is touching $4 per gallon, almost $1.50 per gallon more than the national average. California also has some of the highest electricity prices in the country.
The harm that will happen to Americans when they end up having to pay $4 per gallon for gas, or more, and as much on electricity as they do rent or mortgage, will be devastating.
Every day I am more convinced that the Guard troops in DC are intended to be a permanent fixture to prevent the backlash from the fallout of Biden trying to wipe out everything Trump did.
I’m convinced that because of memes like this that I’ve seen.
Like this:
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