Sunday, September 29, 2024

This year marks first since 1958 that US held no oil and gas lease sales

Bad news! But fully expected from the senile, demented and corrupt 46th President!

But the 46th President did not mind to deplete the Strategic Petroleum Reserve (I blogged about this subject too).

"... The only lease sale in 2022 was a bit of acreage offered in Alaska’s Cook Inlet, and it resulted in a single bid. ..."

This year marks first since 1958 that US held no oil and gas lease sales | Just The News "If the Inflation Reduction Act hadn't required the Interior Department to hold oil and gas lease sales before offering offshore wind lease sales, there would have been no leases in 2023, either."

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