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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (13296)	3/12/2022 2:35:05 PM
From: rdkflorida2	Respond to of 26838

Here. Some one is lying. So who is it? U.S. oil and gas permitting has increased under Biden, data shows (yahoo.com)

To: rdkflorida2 who wrote (13296)	3/12/2022 2:36:10 PM
From: Kirk ©	Respond to of 26838

Don't let facts get in the way of your argument.... From the NY Times... not Kudlow or Fox... Biden Administration Halts New Drilling in Legal Fight Over Climate Costs Published Feb. 20, 2022 Updated Feb. 22, 2022 The Interior Department is pausing new federal oil and gas leases and permits after a judge blocked the government from weighing the cost of climate damage in decisions. In an ironic twist, the fallout from the judge’s ruling — at least initially — is that the federal government has stopped work on new oil and gas leases, as well as permits to drill on federal lands and waters. “Work surrounding public-facing rules, grants, leases, permits and other projects has been delayed or stopped altogether so that agencies can assess whether and how they can proceed,” the Department of Justice wrote in a legal filing late Saturday asking the court to stay the injunction against using a climate metric. nytimes.com Try to at least get your basic facts correct so rude people don't accuse you of lying rather than being uninformed.

To: rdkflorida2 who wrote (13296)	3/12/2022 7:54:25 PM
From: robert b furman	1 Recommendation Recommended By Kirk © Respond to of 26838

Hi RD, If the lease didn't pan out after feasability studies (seizmographic analysis) it won't and shouldn't be drilled. They are not all commercially viable to build you know. If an oil exploration and production company bid on 20 contiguous blocks (which fracking is maximized with longer horizontal lines) and drilled four dry holes, chances are the other 16 would not be drilled based on capital preservation. That number is a very disingenuous red herring. Bob