Saturday, April 16, 2022

Tripled..

 


The Department of Interior announced Friday it planned to resume onshore oil and gas lease sales on federal land, with a higher royalty rate for companies to pay to the federal government.

The Biden administration had previously planned to hold the lease sale, but paused it after a judge blocked the administration from using a metric to quantify the economic harm caused by the climate crisis, such as sea level rise, more destructive hurricanes, extreme wildfire seasons and flooding. 

Environmental groups blasted the move, saying the Biden administration is disregarding its promises on the climate crisis.

This is the opposite of what Bide said earlier and caused prices to tripled.

Just go ahead and do it. Let's go.

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