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Reply to "$7/gallon gas is coming"
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[quote=Anonymous][quote=Anonymous]Last week it was confirmed that the Administration will cancel seven oil and gas leases in the Arctic National Wildlife Refuge. The Administration also proposed a rule on Wednesday that would protect 13 million acres in a different part of Alaska. "These decisions are illegal, reckless, defy all common sense, and are the latest signs of a incoherent energy policy from President Biden,” said Senator Lisa Murkowski. https://www.murkowski.senate.gov/press/release/delegation-alaska-leaders-biden-administration-puts-american-energy-security-at-risk-harms-the-state-and-alaska-native-communities[/quote] You realize that these are not active sites being canceled right? These are sites that MIGHT be mined in like 10-20 years. Has ZERO impact on today's oil production or oil prices. The Saudi's and Russians are ramping up their prices to impact the global markets simply to stick it to the US and Europe. This is why the US HAS to decouple its fossil fuel dependence to renewables and domestic productions. Oh ya, and domestic production is at all time highs. No shortage of oil and gas jobs in the US.[/quote]
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