'Absolute Idiocy': Biden Blasted for Canceling Major Oil Leases Across Multiple States

Posted on AllSides May 12th, 2022
From The Right
energy, Oil Leases, Gas Prices, Biden Administration
Source: AP Photo/Manuel Balce Ceneta

Gas prices hit an all time high this week, but that didn't stop the Biden Administration from cutting off major leasing projects across multiple states. 

"The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department. The decision, which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska, comes at a challenging political moment, when gas prices are hitting painful new highs," CBS News first reported. 

Leases were also canceled in the Gulf of...

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