Biden’s Interior Department Favors Shutdown…In the Gulf

Biden’s Interior Department Favors Shutdown…In the Gulf

September 29, 2023

Amidst the looming threat of a government shutdown, the Department of Interior (DOI) has unveiled a plan to reshape the Gulf of Mexico’s energy sector. The DOI announced its plan to phase down oil and gas leasing over the next five years. Proudly declaring this proposal includes the fewest oil and gas lease sales in history, allowing them to expand controversial offshore wind developments.

The DOI announcement reads,

“The Proposed Final Program includes a maximum of three potential oil and gas lease sales – the fewest oil and gas lease sales in history – in the Gulf of Mexico Program Area scheduled in 2025, 2027 and 2029. In compliance with the terms of the IRA, these three proposed lease sales are the minimum number that will enable the Interior Department to continue to expand its offshore wind leasing program through 2030.”

This comes at a time when oil prices are rapidly rising. The current price of oil is hovering around $90 a barrel, the highest since August 2022 and nearly $40 higher than when President Biden took office.

Power The Future Founder Daniel Turner slams President Biden’s negligent energy policies,

“Joe Biden can continue to blame foreign powers for the price of gas all he wants, but he hasn’t appointed Putin or the Saudi Prince to a cabinet position…yet. Our families are suffering under terrible prices brought on by Biden’s energy policies and all his administration can do is brag about how much they’re hurting American energy production.”