API Explains How Psaki’s ‘9,000 Unused, Approved Drilling Permits’ Is ‘Red Herring’ to Distract from WH Policies
Takes 10-12 months for permit approval on federal land since January 2021.
Whole article can be found here.
On Monday, White House Press Secretary Jen Psaki repeated last week’s insinuation that, because there are approved oil leases going unused, the oil industry is refusing to increase U.S. production – but, the American Petroleum Institute (API) says that’s a red herring designed to distract from the Biden Administration’s anti-domestic energy policies.
“Psaki has made the claim about ‘unused’ federal leases before,” O’Scannlain notes. “It has become a line the White House pivots to when pressed to explain why it isn’t doing more to support American oil and gas production.”
“Regulatory uncertainty and political hostility to fossil fuels discourage long-term investments,” The Wall Street Journal’s editorial board agrees, explaining that President Biden’s anti-domestic energy policies have made his the first administration in at least twenty years to go an entire year without selling a single onshore lease.