The Biden administration is mulling the prospect of banning new American offshore oil and natural gas drilling projects as fuel prices continue to spike, The New York Times reported Thursday.
The Interior Department’s Bureau of Ocean Energy Management, working closely with the White House to shape policy, will release its drafted five-year plan for new oil and gas drilling leases in federal waters to Congress by June 30, according to The New York Times, citing people familiar with the matter. The administration is likely to stop new offshore drilling projects in the Atlantic and the Pacific, and is considering whether to end leasing in the Arctic and Gulf of Mexico.
The Biden Administration last June unveiled its “National Strategy for Countering Domestic Terrorism.” Despite its anodyne-sounding name, the “national strategy” was anything but anodyne. The pamphlet represented the logical culmination of the Left’s cynical use of the January 6, 2021, U.S. Capitol riot as a means of ginning up large-scale, nationwide anti-Republican/anti-Trump voter sentiment.
The result, evinced again by Attorney General Merrick Garland’s disgraceful October 2021 memo directing the FBI to intrude on local school board meetings and crack down on anti-critical race theory parental revolts, has been a roiling cold war waged by the ruling class against us “deplorables” and our political “wrong-think.”
President Joe Biden is planning to use a Cold War-era law to boost U.S. production of critical minerals essential for electric vehicle batteries and defense equipment, Bloomberg reported Wednesday.
The president would add battery materials to a list of materials protected under the 1950 Defense Production Act (DPA) if he were to move forward with the plan, people familiar with White House plans told Bloomberg. Such a move would give mining firms access to a $750 million fund established under the DPA and used to “to carry out all of the provisions and purposes” of the act, according to the Congressional Research Service (CRS).
President Donald Trump recently invoked a provision of the Defense Production Act to ensure the timely delivery of rare earth materials to the nation’s industrial base. Having made the determination rare earths are “essential to national defense,” Trump authorized a wave of potential investment in the industry.