More US oil and gas gridlock coming from Interior
More gridlock coming soon to U.S. oil & gas, courtesy of the current federal government.
Waiting to see if that changes once rolling power blackouts hit this summer in California and other states that are actively blocking new oil & gas pipelines, drilling and infrastructure.
Add into the mix increasing their dependency on *intermittent* energy from wind and solar, and I fear the rolling power blackouts will just get worse.
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“The industry is anticipating that Interior will prolong the review of potential lease areas using the National Environmental Policy Act (NEPA), which requires that federal agencies assess the environmental impacts of projects.
“NEPA is a great tool for paralysis by analysis… we will see NEPA take longer,” Sgamma said.