I agree. I had the honor of drafting the Oklahoma Clean Air act back in the 90's, and I can assure that any coal fired plant in this state not only has a permit, but must control emissions of SO2; Mercury, radio active elements, etc. and dispose of these nasty things in an environmentally acceptable manner. One thing that makes natural gas cheaper, is that it is cleaner to begin with, although some nasty things like SO2 must be removed when present.
Your state better check with the feds. No more leases on federal lands since November of last year.
The moratorium has ended, and it had no immediate effect because oil companies have millions of acres of previously issued federal land drilling permits that they could drill, but have yet to do so. I’m a federal land manager and am very familiar with the situation. The primary reason for the moratorium was to assess fair market value of federal permits. The US taxpayer was getting screwed by the oil companies getting permits at prices that haven’t been updated for many decades. Permits on state and private lands are much higher than drilling permits on federal lands. The assessment is intended to establish fair market value.
Humm, didn't realize the moratorium ended. Good to know. Glad to see coal booming here again as well. We're going to need energy.
As I stated, the moratorium wouldn’t have effected operations for years anyway. There are so many acres of federal leases that have been held by oil companies and not yet drilled.
The moratorium ended?
Read this:
The moratorium ended?
Biden to announce moratorium on oil, gas drilling on federal land
Environmental groups hailed the expected moratorium as the kind of bold, urgent action needed to slow climate change.www.aljazeera.com
Read this:
Biden’s Republican critics are wrong about U.S. gas production, experts say
Some Republicans, attacking President Biden, say that increasing U.S. production of fossil fuels would liberate Europe from its dependence on Russian gas. But experts say Biden hasn’t scaled back energy production and that Europe’s path to energy independence lies away from fossil fuels.www.yahoo.com
It’s information. Believe what you want. But it is true that oil companies have always had at least a decades worth of undrilled permits on federal lands. The Department of Interior that tracks oil/gas leases shows that there are currently leases issued on 26 million acres of federal department of Interior lands. This doesn’t even account for permits on US Forest Service lands. A short term moratorium has zero effect on oil and gas production. Also consider that most oil and gas production occurs on state and private lands.
The statistics show that you are wrong. Oil and gas declined in 2008 due to the recession, then steadily climbed until Covid reduced demand in 2020. It is climbing this year, but not quite at the level that was happening immediately pre-Covid. There is too much emphasis on what individual presidents can do with oil production. This is more controlled by supply and demand market factors than government. Consider that 80% of oil and gas is produced on state and private lands, not federal. And it has always been this way.
It’s information. Believe what you want. But it is true that oil companies have always had at least a decades worth of undrilled permits on federal lands. The Department of Interior that tracks oil/gas leases shows that there are currently leases issued on 26 million acres of federal department of Interior lands. This doesn’t even account for permits on US Forest Service lands. A short term moratorium has zero effect on oil and gas production. Also consider that most oil and gas production occurs on state and private lands.
Programs: Energy and Minerals: Oil and Gas: Oil and Gas Statistics | Bureau of Land Management
Oil and Gas StatisticsThe BLM compiles a large amount of statistical information relating to oil and gas leasing on Federal lands. Below are links to tables and spreadsheets with data that include the numbers of BLM-administered oil and gas leases, applications for permit to drill, and oil and...www.blm.gov
Few power companies are just relying on renewables; but they are shutting down or converting old obsolete coal plants to natural gas. Most power companies are pretty smart (except ERCOT in Texas) about their electric generation strategies and no doubt know a little bit more than you and I about this.
“Climbing” is a bit too mild of a term.
Agree about the prices. My comment about climbing was related to production. We are getting screwed because US oil is exported to the highest bidder and subject to worldwide pricing. It was better before we exported oil and prices were more driven by US market factors. Thank the 2018 Congress for authorization of exports.
