Saturday, March 13, 2021

Parting Shot -- Saturday Night -- March 13, 2021



President Biden owns it:
  • revoked a perfectly legal Keystone XL permit; kills the Keystone XL;
  • banned all new leasing on federal land
  • slowed down federal permitting across the board
  • will increase royalty rates for onshore federal oil production
  • no influence over Saudi Arabia to help keep prices down
  • threatens the DAPL
  • pushes for higher oil prices to make renewable energy look more economical

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