Discover and read the best of Twitter Threads about #9000LeasesDodge
Most recents (3)
Lyin' Biden rolls out the #9000LeasesDodge in his speech at the port of Los Angeles.
Biden, of course, erroneously calls the leases "permits."
Here is the rest of the #9000LeasesDodge debunked. 1/
Biden, of course, erroneously calls the leases "permits."
Here is the rest of the #9000LeasesDodge debunked. 1/
There are about 37,496 leases in effect.
75% are being used.
This is a historic high. 2/
75% are being used.
This is a historic high. 2/
Many leases are held up in litigation by environmental groups.
Industry is in court defending over 2,200 leases, most of which cannot be developed while those cases are ongoing. 3/
Industry is in court defending over 2,200 leases, most of which cannot be developed while those cases are ongoing. 3/
I will be live tweeting today's House Democrat Inquisition of Big Oil on gasoline price gouging.
Hearing: energycommerce.house.gov/committee-acti…
Fact Sheet: junkscience.com/2022/04/fact-s… 1/
Hearing: energycommerce.house.gov/committee-acti…
Fact Sheet: junkscience.com/2022/04/fact-s… 1/
.@RepDianaDegette admits that gasoline prices are driven by oil prices.
But doesn't understand that oil is priced in the future, which is different than gasoline prices today. 2/
But doesn't understand that oil is priced in the future, which is different than gasoline prices today. 2/
.@RepMGriffith:
Biden owns the soaring oil and gasoline prices.
And he is willfully failing to do anything about it. 3/
Biden owns the soaring oil and gasoline prices.
And he is willfully failing to do anything about it. 3/
Fact-checking @PressSec's #9000LeasesDodge:
There are about 37,496 leases in effect. Assuming her number on nonproducing leases is correct (as FY 2021 data are not yet available from the government), a 75% utilization rate is a historic high. 1/
There are about 37,496 leases in effect. Assuming her number on nonproducing leases is correct (as FY 2021 data are not yet available from the government), a 75% utilization rate is a historic high. 1/
Many leases are held up in litigation by environmental groups.
Industry is in court defending over 2,200 leases, most of which cannot be developed while those cases are ongoing. 2/
Industry is in court defending over 2,200 leases, most of which cannot be developed while those cases are ongoing. 2/
Companies must put together a complete leasehold before moving forward, particularly with the long horizontal wells that can cut across multiple leases. Sometimes a new lease is needed to combine with existing leases to make a full unit. 3/
