On Thursday, The Daily Caller reported that the Biden has more attacks on the fossil fuel industry in the works.
The article reports:
President Biden is calling on Congress to make companies pay fees on wells from their leases that they haven’t used in years and on acres of public lands that they are hoarding without producing,” the White House said in a fact sheet on Thursday.
“Companies that are producing from their leased acres and existing wells will not face higher fees,” the statement continued. “But companies that continue to sit on non-producing acres will have to choose whether to start producing or pay a fee for each idled well and unused acre.”
As part of the announcement Thursday, Biden will also order the Department of Energy to release a million barrels of oil a day from the Strategic Petroleum Reserve for the next six months.
The White House has repeatedly blamed Big Oil for not doing enough to combat high gasoline prices in the wake of Russia’s invasion of Ukraine, which has disrupted global energy supplies. Biden and Democratic lawmakers suggested this month that oil companies have taken advantage of the crisis to pad their profits.
I have no way of knowing if the President actually believes the garbage he is spouting. The problem with gasoline prices sits in the White House–not in the executive boards of oil companies.
The article concludes:
Western Energy Alliance President Kathleen Sgamma, meanwhile, noted the Interior Department is currently holding up permits on 3,800 leases while it conducts additional “climate change analysis,” about 4,600 permits are still awaiting approval and that the her group is defending thousands more in court.
“Western Energy Alliance has been in court for years defending 5,900 leases of 7.3 million acres and companies can’t develop on most of them when they’re caught up in legal challenges,” Sgamma told the DCNF in a statement. “But the president now wants to penalize us for these delays?”
“The White House conveniently forgets the government’s role in delaying pipelines and permits and introducing new financial and regulatory risks to American development,” she continued.
The Biden administration has actively pursued an anti-fossil fuel agenda, nixing the Keystone XL oil pipeline, ditching oil drilling in Alaska, not appealing a court ruling that prohibited a massive offshore drilling lease in the Gulf of Mexico, attempting to ban new drilling leases on federal lands and making it harder for utilities to gain approval for natural gas projects.
The actions of the Biden administration in the area of energy policy show a total lack of concern for the well being of the American people. A continuation of these policies will eventually wipe out the middle class in America. This may in fact be the goal of the Biden administration.