Biden's EPA Is Attacking America's Largest Oilfield
Jul 1, 2022 23:02:31 GMT -5
Post by bloodbought on Jul 1, 2022 23:02:31 GMT -5
Biden Apparently Thinks $5 Gas Isn't Painful Enough - His EPA Is Attacking America's Largest Oilfield
By Elizabeth Stauffer
July 1, 2022 at 5:34am
In case you were wondering whether the Biden administration could do anything more to cripple the U.S. fossil fuel industry, the answer is yes.
The Environmental Protection Agency is considering an “ozone violation designation” for portions of the Permian Basin, the largest oil field in the United States, according to Bloomberg News. The Permian Basin is located in West Texas and southeastern New Mexico.
In a letter to President Joe Biden on Monday, Texas Gov. Greg Abbott warned that this action “could lead to skyrocketing prices at the pump by reducing production, increase the cost of that production, or do both.”
The Permian Basin, he informed the president, accounts for 25 percent of our nation’s gas supply — 95 million gallons per day — and 40 percent of all oil produced domestically.
Abbott emphasized that this decision was entirely discretionary and that Biden had the power to stop it.
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“If you do not, this action alone might serve as a catalyst for economic harm leading to an even deeper reliance on imported foreign energy and a faster economic decline into the pending recession by forcing even more pain for American consumers to pay at the pump,” the Republican governor wrote.
He concluded by saying, “Because time is of the essence in these EPA proceedings, I must hear back from you by July 29, 2022. If the EPA’s proposed redesignation is not suspended by that date, Texas will take the action needed to protect the production of oil — and the gasoline that comes from it.”
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By Elizabeth Stauffer
July 1, 2022 at 5:34am
In case you were wondering whether the Biden administration could do anything more to cripple the U.S. fossil fuel industry, the answer is yes.
The Environmental Protection Agency is considering an “ozone violation designation” for portions of the Permian Basin, the largest oil field in the United States, according to Bloomberg News. The Permian Basin is located in West Texas and southeastern New Mexico.
In a letter to President Joe Biden on Monday, Texas Gov. Greg Abbott warned that this action “could lead to skyrocketing prices at the pump by reducing production, increase the cost of that production, or do both.”
The Permian Basin, he informed the president, accounts for 25 percent of our nation’s gas supply — 95 million gallons per day — and 40 percent of all oil produced domestically.
Abbott emphasized that this decision was entirely discretionary and that Biden had the power to stop it.
Trending: Pelosi's Response to Pushing Little Girl Makes It So Much Worse
“If you do not, this action alone might serve as a catalyst for economic harm leading to an even deeper reliance on imported foreign energy and a faster economic decline into the pending recession by forcing even more pain for American consumers to pay at the pump,” the Republican governor wrote.
He concluded by saying, “Because time is of the essence in these EPA proceedings, I must hear back from you by July 29, 2022. If the EPA’s proposed redesignation is not suspended by that date, Texas will take the action needed to protect the production of oil — and the gasoline that comes from it.”
link