Saturday, April 16, 2022

"You Can Have a LITTLE Energy"--Biden

Following its loss on the matter in Federal court, the BidenšŸ¤” Bunch announced that it will resume energy-exploration leasing.

But not very much, and it will be more expensive.

...The move brings the administration into compliance with a court order but comes as President Joe Biden has sought to encourage domestic production of oil and gas to tame soaring energy prices, especially gas prices above $4 a gallon, that have cut into support for his party before the midterm elections....

The Interior Department said in a news release that it will make available 144,000 acres, an 80% reduction from the acreage originally nominated. It will also begin charging companies royalties of 18.75%, up from 12.5%....

Passive-aggressive girly-girl stuff carried over from middle school, exactly where most Administration people remain both emotionally and intellectually.

 

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