"there is the problem with Biden. If he can do it by executive action, just fucking do it."
There's not much he can do. He can//might have already ordered the bureaucracy to put solar on the roofs, and to buy EVs. He can order the military to build for resilience. He can maybe use the defense production act to build more panels and stuff. He can maybe allocate more resources to fight fires, like using the Air National Guard.
All that is just tinkering around the edges. He can't create tax credits. The Court won't let him regulate CO2. He can't ban the production of internal combustion engines after '35. He might be able to stop FF extraction from federal leases, but that means much higher energy prices, like $10 gas, which is guaranteed to make abortion a non-issue in Nov.. Only idiots get rid of energy sources before replacing them. Right now, Germany is in trouble cuz they shut down their nukes after Fukashima, and then they began replacing the generating capacity.
This is from the API. What do you think will happen, here and abroad, right now if Biden is correct, and oil production only drops by 10%? What will happen if their numbers are correct, and we lose 1/4 of our oil?
Spin: Only 10% of Oil Comes from Federal Land
Reality:
Language Tricks: Note the administration’s misdirection here. The administration is highlighting this statistic to argue its restrictive policies would have a limited impact on total U.S. production. The smaller the percentage of leases on land (key word), the smaller the impact of their policies overall, right? In reality, federal natural gas and oil leasing occurs both onshore and offshore.The Truth: Oil production from federal lands and waters provides approximately 24% of total U.S. oil production. Additionally, natural gas production from federal lands and waters is approximately 11% of total U.S. natural gas production.Size and Scale: To put the data in perspective, if U.S. federal land/waters was treated as its own country, the 2.67 million barrels of oil it produced daily in 2019 would have made it the 11th largest daily oil producer in the world that year.
api.org |
