Originally Posted by
Xuperman
Nice post MOR! That has to be factual and blows up any "gouging" BS. Again, Paul is just parroting the Political "shell game" perpetrated by the propaganda arm of the Democrat Party.....the MSM.
Here's something I believe to be factual, or at least the way I understand it.
The Feds issue leases, then the Oil Companies apply for the leases that have a good possibility profitability. They then send in their team of experts to determine if crude, is in fact, there AND IF there is enough to make a profit.....because obviously it is very expensive to start up drilling on untouched land.
If it is deemed to be a "Go" and a high chance for profitability, the Drilling Permits are applied for.
Problem is, Biden and his party are operating on the Obama Doctrine fossil fuel agenda. I am guessing any NEW Leases approved by this Administration is on lands that are known to be void of any significant amounts of Crude. That is why the Oil Companies are asking for more NEW leases in specific areas known to contain large amounts of crude.
The game that is being played here is that Biden says NO to these requests, and points to the "9000" existing leases available. When the Oil Companies balk for the above reasons, he's able to tell the American people they refuse to drill.