During a press conference on Thursday, Sen. Ted Cruz (R-TX) slammed the Biden administration for misleading Americans by arguing that oil companies are at fault for rising energy prices due to unused oil and gas leases.
“Their latest talking point is there’s all these wonderful permits that just the oil companies for whatever reason don’t want to drill upon,” Cruz said. “Now, I understand that the White House’s talking points are written by an 18-year-old intern who’s taking freshman socialism, but it would be good to have someone who has actually worked in the private sector and has some awareness of how energy is produced.”
“Energy producers will drill for oil and gas wherever it is profitable, wherever it is viable,” he continued. “Many of those permits are not being drilled because if you got a natural gas well that you’re trying to drill, you have to have a pipeline to carry the gas from the well to its end users and the Biden Administration is also freezing pipelines.”
On Monday, Fox News asked White House Press Secretary Jen Psaki why President Biden has refused to resume issuing new oil and gas leases on federal lands. Psaki responded by saying “there are 9,000 approved drilling permits that are not being used.”
However, representatives in the energy industry said that Psaki’s “accusation” was a “complete red herring.”
“That accusation is a complete red herring,” American Exploration & Production Council (AXPC) CEO Anne Bradbury told FOX Business. “It’s really a distraction from the fact that this administration has paused leasing on federal lands, something that we’re concerned about and something that we think needs to continue right away.”
Kevin O’Scannlain at the American Petroleum Institute (API) made similar comments.
“The argument about ‘unused’ leases is a red herring, a smokescreen for energy policies that have had a hamstringing effect on the world’s leading producer of natural gas and oil,” O’Scannlain said. “It suggests American producers have been motivated by a desire to manipulate the market during the current crisis in Europe. This is false. American oil and gas producers are able and willing to do their part to support American energy leadership, including providing energy that can help allies abroad.”
“Ultimately, energy policies affect the energy investment climate,” O’Scannlain continued. “Specifically, they impact the ability of producers – typically accountable to shareholders – to take the risks involved in spending billions of dollars to find and develop oil and gas. Mischaracterizing the way federal leases work does not help foster new investment and risk-taking.”
O’Scannlain also explained that “When a company acquires a lease, it makes a significant financial investment at the beginning of the lease in the form of a non-refundable bonus bid and pays additional rent until and unless it begins producing… Developing a lease takes years and substantial effort to determine whether the underlying geology holds commercial quantities of oil and/or gas. The lengthy process to develop them from a lease often is extended by administrative and legal challenges at every step along the way.”
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Former President Bill Clinton and Gov. Kathy Hochul Call for Changes to New York City’s “Right to Shelter Law”
In a surprising turn of events, former President Bill Clinton has joined forces with New York Governor Kathy Hochul in advocating for significant modifications to New York City’s long-standing “Right to Shelter Law.”
According to reports from Fox News, during an interview with radio host John Catsimatidis on 77 WABC radio’s “The Cats Roundtable” show, Clinton expressed his belief that the law, which mandates shelter for the homeless, should be revised given the current circumstances.
“Gov. [Kathy] Hochul thinks it should be modified, and it probably should under the circumstances,” Clinton remarked, acknowledging the need for change. He went on to assert that the existing law is fundamentally flawed, stating, “It’s broken. We need to fix it. It doesn’t make any sense.”
The “Right to Shelter Law” has been a fixture of New York City for over four decades and is aimed at ensuring that the homeless population has access to shelter. Moreover, New York City is often referred to as a sanctuary city, welcoming migrants and providing them with certain protections.
However, Clinton pointed out a specific concern related to this policy. He expressed his view that the city’s obligation to provide shelter extends to individuals who may not have work permits for up to six months after their arrival, raising questions about its practicality.
Furthermore, Clinton argued that migrants should have the opportunity to begin “paying their way” into American society through gainful employment and self-sufficiency.
“They ought to work,” Clinton asserted, emphasizing the importance of migrants entering the workforce, paying taxes, and supporting themselves economically. He noted that many migrants have no desire to rely on welfare assistance.
In addition to addressing the “Right to Shelter Law,” Clinton emphasized the role of immigrants in shoring up the American economy due to the nation’s low birth rate. He suggested that the United States should consider constructing more housing options near the border with Mexico to accommodate migrants, with the support of the Mexican government.
This approach, according to Clinton, would allow individuals to reside near the border while awaiting opportunities to find work and contribute positively to American society.
Clinton also acknowledged the political ramifications of the ongoing immigration crisis, acknowledging that it has been advantageous for Republicans. He attributed this to the inadequacies in the immigration system and a lack of sufficient border facilities.
The former president concluded by addressing the recent political losses suffered by Democrats in New York, attributing them in part to the perceived mishandling of the immigration issue. He stressed the need for his party to adopt a more “commonsense approach” to the challenges posed by migration.
The alignment of views between former President Bill Clinton and Governor Kathy Hochul on the need for changes to the “Right to Shelter Law” highlights the complexities and evolving dynamics surrounding immigration policy in the United States, particularly in major metropolitan areas like New York City.
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