Splinter is your home for news and opinions that challenge power in our political and economic system that's becoming more unhinged each and every day.
The administration said oil and gas companies would be able to drill in just three new areas in the Gulf between 2024 and 2029, the smallest number of lease sales offered since the federal drilling program began decades ago.
Well yeah everyone was applauding that huge bill that mandated millions more acres of oil and gas extraction.
Meanwhile, the number of leased acres dropped sharply
Right, it was a 2022 bill, taking effect later.
It’s going to remain incredibly low:
I like how they use words like handful, and “just three areas”. Those “areas” comprise millions of acres each.