Thursday, October 21, 2021

Gas...

 


In an effort to slow the nation's contribution to climate change, President Biden has signed an executive order to begin halting oil and gas leasing on federal lands and waters.

The much-anticipated move is one of several executive actions the president took on Wednesday to address the worsening climate crisis and the broader decline of the natural world, but it won't come without pushback.

Now the prices of gas doubled. The oil barrale prices went from $30 to over $80.

President Biden is asking Opic Plus to increase production to satisfy the demand. Wealth is transferring from Europe and USA to Opic instead of staying in this country.  Just a thought.


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