Biden admin cancels massive oil and gas lease sale

[anatta]

Interior Department canceled a 1-million-plus acre oil lease in Alaska as Americans face painfully high prices at the pump
https://www.foxbusiness.com/politics...rd-high-prices

Steve Milloy, a former Trump-Pence EPA transition member and founder of JunkScience.com, traced these lease cancelations back to President Biden in remarks to FOX Business Wednesday.

In Alaska, the problem was that the greens scared off virtually everyone," Milloy said. "It's expensive to explore and drill, and the greens made it pretty clear, they were going to make it even more difficult."

When former President Trump opened Alaska's Arctic National Wildlife Refuge for drilling, the lease sale attracted only three bidders, including the state of Alaska itself. Environmental activists have opposed ANWR drilling for decades, and Milloy suggested that pressure from climate activists scared oil companies away. That sale also took place in early 2021, amid the COVID-19 economic recession and when Biden – who had campaigned on restricting the oil industry – was about to become president.

"I blame Biden for all lack of production. He has scared away investment," Milloy told FOX Business. "I don't trust him in court defending leasing," he added, suggesting that the president will find "any excuse to not drill. They even tried to use the social cost of carbon decision to stop leasing."

Unfortunately, this is becoming a pattern - the administration talks about the need for more supply and acts to restrict it," Frank Macchiarola, senior vice president of policy, economics and regulatory affairs at the American Petroleum Institute, told FOX Business in a statement Thursday. "As geopolitical volatility and global energy prices continue to rise, we again urge the administration to end the uncertainty and immediately act on a new five-year program for federal offshore leasing."

Federal law requires DOI to stick to a five-year leasing plan for auctioning offshore leases. The department had until the end fo the current five-year plan – due to expire on June 30 – to complete the sales.

A source familiar with the Cook Inlet lease confirmed to FOX Business that the DOI received no comments indicating specific company interest in leasing during the scoping period.

ithin his first week in office, President Biden signed an executive order temporarily suspending new oil and gas leases on federal lands. The administration resumed the new leasing last month following court challenges against the ban. The administration is appealing a ruling in which Judge James Cain, a Trump appointee, struck down the ban.

The Washington, D.C., District Court invalidated another Gulf of Mexico lease, lease 257, in January. The administration is not appealing the ruling, though it affects a separate lease from the ones the DOI spokesperson mentioned Wednesday.

[Hawkeye10]

They dont care about us.

This is betrayal.

[Hawkeye10]

"They don't care about you".
Carlin

[anatta]

"They don't care about you".
Carlin

In Alaska, the problem was that the greens scared off virtually everyone," Milloy said. "It's expensive to explore and drill, and the greens made it pretty clear, they were going to make it even more difficult."

When former President Trump opened Alaska's Arctic National Wildlife Refuge for drilling, the lease sale attracted only three bidders, including the state of Alaska itself. Environmental activists have opposed ANWR drilling for decades, and Milloy suggested that pressure from climate activists scared oil companies away.

[Hawkeye10]

In Alaska, the problem was that the greens scared off virtually everyone," Milloy said. "It's expensive to explore and drill, and the greens made it pretty clear, they were going to make it even more difficult."

When former President Trump opened Alaska's Arctic National Wildlife Refuge for drilling, the lease sale attracted only three bidders, including the state of Alaska itself. Environmental activists have opposed ANWR drilling for decades, and Milloy suggested that pressure from climate activists scared oil companies away.

The big problem is that we have had so much cheap energy for so long, and these useless evil fucks who run things now are so ignorant that they dont know how fast and how bad things get if we lose it....and even if they did it is not at all clear that they would care.

This society has gone hard into non consensual sadomasochism.

We really do suck that bad now.

[Celticguy]

another brain dead move from Mr Potatohead....

You can thank the democrats in November

[Life is Golden]

What? Gas is 4.59 a gallon here.

[Hawkeye10]

Consent.....does anyone remember what that is?

Do you remember how often and how hard we were lectured about the importance of consent?

[Hawkeye10]

"CONSENT?......SHUT UP SERF AND DO AS YOU ARE TOLD.....OR ELSE!!"

[Hawkeye10]

"YOU THINK AS YOU ARE TOLD TO THINK, AND IF YOU CANT DO THAT THEN AT LEAST KEEP YOUR MOUTH SHUT.....OR ELSE!!"

[Hawkeye10]

These historically shit quality Modern Morons are big on the "Or Elses"...they adore the handing out of punishments......it makes them feel good about themselves.








Buckle the fuck up.......this is sure going to hurt.

[cancel2 2022]

.
Steve Milloy is a very wise man, he should be listened to far more.


Milloy statement at 3M annual meeting about the ‘Communist China Audit’ shareholder proposal

My statement is below. The proposal is here. My Wall Street Journal op-ed on this issue is here.

Good morning. My name is Steve Milloy.

Russia’s invasion of Ukraine puts management and shareholders on notice: It’s not safe to do business in hostile totalitarian thug-ocracies

Major oil companies have been forced to withdraw from Russia and Big Oil has booked tens of billions of dollars in losses.

And more than Big Oil is losing money from bugging out of Russia.

General Electric took a $200 million charge.

McDonald’s is losing $50 million a month.

Netflix suspended service in Russia and lost 700,000 viewers, the first time in a decade its viewership has declined.

But this is all peanuts compared to what lies ahead with Communist China.

Consider the looming car wreck.

Communist China is a well-known serial violator of human, civil and political rights.

A million or more Uyghurs are in concentration camps.

Recall that IBM sold the Nazis the punchcards used to manage the Holocaust, some of which are on display at the Holocaust Museum in Washington DC.

Will 3M Post-It notes be in the Holocaust Museum one day?

It’s really shameful that we do business in Communist China at all.

But it gets worse.

Communist China intends to displace the US as the lone global superpower by 2049.

So what could go wrong doing business there?

Communist China may attempt to seize Taiwan by force.

The US is committed to defending Taiwan against such aggression.

US-China relations are also tense over a number of other issues including Communist China’s military expansion, actions related to the COVID pandemic,intellectual property theft, tariffs and, recently, solar panel dumping.

Communist China has said it would use its industrial capabilities for strategic purposes against adversaries.

Communist China has already taken action against Australian industries because the Australian government criticized Communist China over its disastrous management of COVID.

Recall 3M’s own fiasco with facemasks made in China at the start of the COVID pandemic.

Don’t forget, as a communist dictatorship, China lacks any sort of rule of law that would protects business interests located there.
We’ve all seen the significant ramifications of cutting ties with Russia.

Now imagine cutting them with China, where the US does 20 times more trade as it did with Russia.

Though Communist China is our nation’s chief global adversary, if not just flat-out enemy, management wants to just whistle past the graveyard.

The US Securities and Exchange Commission just announced it would start prodding US companies to disclose their reliance on Russia.

Can mandatory assessments and disclosures about Communist China be far behind?

3M has a significant presence in Communist China with almost 6,000 employees located there.

It is time for management to assess and disclose our exposure to China and, if necessary, to reduce, if not eliminate it.

America is on a collision course with Communist China, the Nazi Germany of the 21st century.

Let’s fix this problem now. Before it is too late.

Tell management to assess and disclose our reliance on Communist China.

Shareholders have the right to know.

https://junkscience.com/2022/05/mill...l/#more-106981

[gemini104104]

Interior Department canceled a 1-million-plus acre oil lease in Alaska as Americans face painfully high prices at the pump
https://www.foxbusiness.com/politics...rd-high-prices

Steve Milloy, a former Trump-Pence EPA transition member and founder of JunkScience.com, traced these lease cancelations back to President Biden in remarks to FOX Business Wednesday.

In Alaska, the problem was that the greens scared off virtually everyone," Milloy said. "It's expensive to explore and drill, and the greens made it pretty clear, they were going to make it even more difficult."

When former President Trump opened Alaska's Arctic National Wildlife Refuge for drilling, the lease sale attracted only three bidders, including the state of Alaska itself. Environmental activists have opposed ANWR drilling for decades, and Milloy suggested that pressure from climate activists scared oil companies away. That sale also took place in early 2021, amid the COVID-19 economic recession and when Biden – who had campaigned on restricting the oil industry – was about to become president.

"I blame Biden for all lack of production. He has scared away investment," Milloy told FOX Business. "I don't trust him in court defending leasing," he added, suggesting that the president will find "any excuse to not drill. They even tried to use the social cost of carbon decision to stop leasing."

Unfortunately, this is becoming a pattern - the administration talks about the need for more supply and acts to restrict it," Frank Macchiarola, senior vice president of policy, economics and regulatory affairs at the American Petroleum Institute, told FOX Business in a statement Thursday. "As geopolitical volatility and global energy prices continue to rise, we again urge the administration to end the uncertainty and immediately act on a new five-year program for federal offshore leasing."

Federal law requires DOI to stick to a five-year leasing plan for auctioning offshore leases. The department had until the end fo the current five-year plan – due to expire on June 30 – to complete the sales.

A source familiar with the Cook Inlet lease confirmed to FOX Business that the DOI received no comments indicating specific company interest in leasing during the scoping period.

ithin his first week in office, President Biden signed an executive order temporarily suspending new oil and gas leases on federal lands. The administration resumed the new leasing last month following court challenges against the ban. The administration is appealing a ruling in which Judge James Cain, a Trump appointee, struck down the ban.

The Washington, D.C., District Court invalidated another Gulf of Mexico lease, lease 257, in January. The administration is not appealing the ruling, though it affects a separate lease from the ones the DOI spokesperson mentioned Wednesday.

Fox business of bs and that says it all as that usual anti Biden, ant American and anti-humanity Faux propaganda so-called news network of sewer quality fiction, projections and lies. It's always easy to catch Fox and its lying nimrods in their lies because the creatures are obviously oblivious to come up with at least one substantiated fact or truth.

[cancel2 2022]

Fox business of bs and that says it all as that usual anti Biden, ant American and anti-humanity Faux propaganda so-called news network of sewer quality fiction, projections and lies. It's always easy to catch Fox and its lying nimrods in their lies because the creatures are obviously oblivious to come up with at least one substantiated fact or truth.

Fucking lunatic!

[Phantasmal]

“In 2020, the oil bust created worker and supply shortages and caused companies to cut their budgets. Investors remain reluctant to invest in fossil fuels. Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more."
"They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill, baby, drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed."

https://www.statesman.com/story/news...ck/6986833001/