Why give Canada the economic value of refining the oil, when it provides so many jobs in America.
You have spoofed by the Psaki and the media.
Drilling permits spiked then plunged under Biden — E&E News (eenews.net)
But it goes beyond that…
The Biden administration has repeatedly pointed to the number of approved but untapped drilling permits on federal land when questioned about how U.S. production can rise, and what the federal government can do to help.
“There’s a fundamental misunderstanding of the administration as to how the process actually works,” Sommers said in an interview on the sidelines of the conference.
“Just because you have a lease doesn’t mean there’s actually oil and gas in that lease, and there has to be a lot of development that occurs between the leasing and then ultimately permitting for that acreage to be productive,” he said. “I think that they’re purposefully misusing the facts here to advantage their position.”
The simple question, you should ask yourself is what has changed between Trump’s administration and Biden’s to cause oil and natural gas energy exploration, development, and pipeline investment to slow? Remember the executives of these companies are paid big bucks to make decisions regarding oil and gas investments… why did they feel comfortable expanding production under Trump and reluctant under Biden?
Any reasonable skeptic realizes that at these prices, oil company executives should be going all out… but something is holding them back… and it is far to simply to suggest that they don’t want to make money…