If one thing is clear as the first week of the Biden presidency unfolds, it’s that he is killing the oil and gas industry and all of the good, high-paying jobs that come with that work.
“President Biden is poised to impose a moratorium on new federal oil and gas leasing Wednesday, according to three people briefed on the matter who spoke on the condition of anonymity because the plan was still being finalized. The move will deliver on one of Biden’s boldest climate campaign pledges but will encounter stiff resistance from the fossil fuel industry,” according to The Washington Post. [emphasis added]
“The White House has prepared documents that would pause new oil and gas auctions on federal land and water as the new administration reviews the program, these people said. The moratorium would not affect existing leases, meaning drilling would continue on public land in the West as well as in the Gulf of Mexico. [emphasis added]
“Biden plans to outline steps Wednesday aimed at curbing greenhouse gas emissions and elevating the role of science in federal decision-making. Other new policies include protecting 30 percent of federal land and water by the end of the decade and identifying climate change as a national security priority.” [emphasis added]
For more on this important story, go to The Washington Post.
Please share your thoughts in the comment section. Do you agree or disagree with Biden’s decision to kill the leasing of federal land and water for oil and gas exploration and extraction? Do you believe “climate change” is a national security priority?