Joe Biden claims he is working on the price of gasoline that is destroying many families budgets. But, I guess Joe doesn’t know we want lower gas prices as he is continually working to cut the supply in this country. President Trump made this country energy independent and we were even exporting oil overseas as we enjoyed low gas prices. Biden was able to stop all of that in less than one year and gas prices have reflected his policies.
His latest foray into making this country dependent on countries that hate us is to halt all oil and gas leases of the three critical oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet. This comes as gas prices set a new record, averaging $4.41 gallon, and diesel coming in at a whopping $5.55 a gallon. If you really wanted to increase gasoline and gas for heating people’s homes, this is exactly what you would do.
The Interior Department said in a statement that it “will not move forward with the proposed Cook Inlet OCS oil and gas lease sale 258. They further stated, “The Department also will not move forward with lease sales 259 and 261 in the Gulf of Mexico region, as a result of delays due to factors including conflicting court rulings that impacted work on these proposed lease sales.”
While it is true that it would take up to three years for these sites to begin producing, under Biden these areas will not be producing for another six years. The six-year estimate assumes a Republican will be occupying the oval office beginning in January of 2025. That is a safe assumption because even though the electorate can be ignorant at times when their wallets and pocketbooks are negatively impacted, they run to the Republicans.
The Interior Department additionally emphasized to Fox Business that three-quarters of the nearly 11 million acres of “offshore federal waters already under lease” are not being used by oil companies, recycling a key Biden administration talking point from March.
While that may be true, Anne Bradbury, CEO of the American Exploration & Production Council, has described the talking point as a “red herring” precisely because of the arduous and lengthy process between a lease approval and the safe extraction of oil.