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HomeThe LatestBiden’s Temper Tantrum Over Loss In Federal Court Cripples US Oil Production

Biden’s Temper Tantrum Over Loss In Federal Court Cripples US Oil Production

Just as things were popping off in eastern Europe and Kamala Harris told us we’d have to pay more for freedom Biden further crippled domestic drilling.

On the day Russia began to invade Ukraine Biden paused new oil and gas leases over a legal battle that he’s losing.

Since taking office Biden changed the metrics used to estimate the societal cost of emissions. Several states sued and in early February 2022, US District Judge James Cain ruled that Biden wasn’t allowed to use the metric for current leases. After the injunction, the government filed an appeal and decided to halt all leases.

“Agencies are experiencing significant delays and wastes of resources as they scramble to rehash economic and environmental analyses prepared in connection with a broad array of government actions,” the Department of Justice wrote in a legal filing on Saturday.

“Work surrounding public-facing rules, grants, leases, permits, and other projects has been delayed or stopped altogether so that agencies can assess whether and how they can proceed,” the department wrote.

In other words, since the judge told us “no” we are going to pause everything until we get our way.

Russia relies on oil and natural gas sales to fund its invasion into Ukraine. Instead of the US providing a way to sanction Russia severely and be an alternative Joe hit the pause button.

On top of that House Speaker Nancy Pelosi said that she fully supports banning fuel purchases from Russia but is against domestic oil production.

CNBC

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