Quote:
Originally Posted by dtennent
It appears that your original statement that Biden cancelled existing gas and oil leases isn't true.
Access Denied
If so, your conclusion that the oil companies lost billions on existing assets is wrong.
Can you tell me when he cancelled existing leases?
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How can you say it is not true when the link you sent talks about when Biden was working on allowing additional land leases to happen on worthless land. The first line says: "The Biden administration is delaying decisions on new oil and gas leases"
Harvard Law School has a lot of information about Biden's actions to cancel and then block land leases for oil and natural gas wells. Simple legal facts without any political spin. Here is one example.
h-t-t-p-s://eelp.law.harvard.edu/2021/12/leasing-pause-and-review/
Federal Onshore and Offshore Oil and Gas Leasing Pause and Review - Harvard Law School