Oil Companies Unused Leases at Terrance Smathers blog

Oil Companies Unused Leases. biden complained about unused leases in his bid to spur supply and reduce gasoline prices. The biden administration announced friday it would lease a handful of spots in the gulf of mexico to oil companies. the argument about “unused” leases is a red herring, a smokescreen for energy policies that have had a hamstringing. Oil companies have stockpiled 9,000 ‘unused’ permits. Has more than 24 million acres under lease to oil and gas companies onshore — close to half are not producing. in claiming that the oil and gas industry is at fault for unused leases, they’re citing a misleading statistic to shirk. western energy alliance, which represents hundreds of companies involved in the exploration and production of oil and natural gas, says on its website that it is defending more than 2,200 leases in court, most of which cannot be developed while the cases are ongoing.

North Dakota Sues the Biden Administration Over Oil and Gas Leases
from www.nytimes.com

western energy alliance, which represents hundreds of companies involved in the exploration and production of oil and natural gas, says on its website that it is defending more than 2,200 leases in court, most of which cannot be developed while the cases are ongoing. The biden administration announced friday it would lease a handful of spots in the gulf of mexico to oil companies. Has more than 24 million acres under lease to oil and gas companies onshore — close to half are not producing. in claiming that the oil and gas industry is at fault for unused leases, they’re citing a misleading statistic to shirk. biden complained about unused leases in his bid to spur supply and reduce gasoline prices. Oil companies have stockpiled 9,000 ‘unused’ permits. the argument about “unused” leases is a red herring, a smokescreen for energy policies that have had a hamstringing.

North Dakota Sues the Biden Administration Over Oil and Gas Leases

Oil Companies Unused Leases The biden administration announced friday it would lease a handful of spots in the gulf of mexico to oil companies. in claiming that the oil and gas industry is at fault for unused leases, they’re citing a misleading statistic to shirk. Has more than 24 million acres under lease to oil and gas companies onshore — close to half are not producing. Oil companies have stockpiled 9,000 ‘unused’ permits. biden complained about unused leases in his bid to spur supply and reduce gasoline prices. the argument about “unused” leases is a red herring, a smokescreen for energy policies that have had a hamstringing. The biden administration announced friday it would lease a handful of spots in the gulf of mexico to oil companies. western energy alliance, which represents hundreds of companies involved in the exploration and production of oil and natural gas, says on its website that it is defending more than 2,200 leases in court, most of which cannot be developed while the cases are ongoing.

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