Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring

#1 | Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Thu Jun 30, 2022 11:39 am

Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring
By Michael Robison
Published June 30, 2022 at 8:45am

https://www.thegatewaypundit.com/2022/06/biden-takes-aim-americas-largest-oil-field-threatening-stop-production-sending-gas-prices-soaring/

The Environmental Protection Agency (EPA) is preparing to cite the United States� largest oil field for violating ozone pollution standards, a move that will threaten the end of oil and gas production in the region.

According to the Texas Governor�s Office, the proposed regulations will directly affect the Permian Basin, the largest oil field in the United States, accounting for 95,000,000 gallons of gasoline per day or 40% of the oil produced domestically.

This would be just one more move from Biden�s administration to impact the lives of every American by reducing the fuel supply and causing gas prices to soar well beyond Biden�s record of $5 per gallon.

�Even as Americans are struggling with $5 gas and record-breaking inflation, team Biden continues to double down on their political commitments to �end all fossil fuels,'� former EPA Chief of Staff Mandy Gunasekara told reporters Wednesday.

According to a report by Bloomberg, regulators would have three years to propose solutions to the violations. However, ongoing regulatory uncertainty common to Biden�s ever-increasing climate change initiatives is likely to disincentivize new permits and drilling in the oil field.

Texas Governor Greg Abbott reacted strongly to the proposal and called the EPA to drop the proposal.

Quote
President Biden's EPA seeks to stop gas production in the Permian Basin.

This will raise gas prices EVEN MORE.

This action is completely discretionary.

Biden has the power to stop it.

Read my full letter: pic.twitter.com/o788QPGYdj

� Greg Abbott (@GregAbbott_TX) June 27, 2022

According to a letter he sent to the administration Monday, Abbott pointed out the direct impact on the lives of Americans. Abbott pledged that if he did not hear back from the administration by June 29, he would take action to �protect the production of oil�and the gasoline that comes from it.�

-- excerpt, rest at link above --

�We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent people.� ― George Orwell

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#2 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Thu Jun 30, 2022 12:24 pm

They are serious about us not driving, eating, building or staying warm/cool. This is insanity.

"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."

- J. R. R. Tolkien

EdJames said Thank You!

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#3 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Thu Jun 30, 2022 12:32 pm

I would think that SCOTUS just delt this BS a serious blow. What am I missing?

Resistance to tyrants is obedience to God!

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#4 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Thu Jun 30, 2022 1:42 pm

Quote: Tinker wrote in post #3
I would think that SCOTUS just delt this BS a serious blow. What am I missing?

I hope that it does... without taking a few years to work through the courts....

�We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent people.� ― George Orwell

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#5 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Thu Jun 30, 2022 1:49 pm

Quote: EdJames wrote in post #4
Quote: Tinker wrote in post #3
I would think that SCOTUS just delt this BS a serious blow. What am I missing?

I hope that it does... without taking a few years to work through the courts....

According to GORSUCH and ALITO in their concurring opinion in West Virginia vs EPA

Quote
"...agencies must be able to point to ��clear congressional authorization�� when they claim the power to make decisions of vast ��economic and political significance.��

I don't think the EPA can do that here.

Resistance to tyrants is obedience to God!

EdJames and Sanguine said Thank You!

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#6 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Thu Jun 30, 2022 3:37 pm

Quote: Tinker wrote in post #5
Quote: EdJames wrote in post #4
Quote: Tinker wrote in post #3
I would think that SCOTUS just delt this BS a serious blow. What am I missing?

I hope that it does... without taking a few years to work through the courts....

According to GORSUCH and ALITO in their concurring opinion in West Virginia vs EPA

Quote
"...agencies must be able to point to ��clear congressional authorization�� when they claim the power to make decisions of vast ��economic and political significance.��

I don't think the EPA can do that here.

I hope that you are correct!

�We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent people.� ― George Orwell

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#7 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Sat Jul 02, 2022 11:11 am

New Regulations In Permian Could Deter Drilling
By Julianne Geiger - Jun 24, 2022

https://oilprice.com/Latest-Energy-News/World-News/New-Regulations-In-Permian-Could-Deter-Drilling.html

The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin.

According to a regulatory notice, the EPA could label parts of the Permian Basin as violating federal air quality standards for ozone. If the EPA does indeed label parts as violating the standards, state regulators would need to find a way to clean up the air quality�and they would have three years to come up with a plan to do that. Their plans could include keeping new industrial facilities from making the air quality even worse and making sure current sites have the proper technology to keep the air quality at acceptable levels.

The EPA is facing a potential lawsuit from WildEarth Guardians over the matter, who brought the air quality issue to the EPA's attention last March.

The possible regulatory action adds yet another element of uncertainty to the oil industry, which is already facing an unknown future while being chastised for not investing more to produce more�whether that's refining or drilling.

"Creating uncertainty on permitting and inserting unnecessary regulatory barriers will only negatively impact the production necessary to meet the needs of consumers," Todd Staples, president of the Texas Oil and Gas Association, told Bloomberg.

-- excerpt, rest at link above --

�We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent people.� ― George Orwell

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#8 | RE: Biden Takes Aim at America�s Largest Oil Field, Threatens to Stop Production, Sending Gas Prices Soaring datum

Sat Jul 02, 2022 12:13 pm

Turning up the heat every day.

"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."

- J. R. R. Tolkien

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