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Biden Administration Declares War On Alaskan Oil And Gas

Hold on. Maybe there is a dumber policy. Yesterday the Biden administration dealt a massive blow to Alaskan oil and gas.

Biden has canceled leases covering 430,000 acres, banned oil and gas production on another 2.8 million acres, and imposed draconian regs amounting to a near-ban on another 10 million acres.

https://content.govdelivery.com/accounts/USDOI/bulletins/36ed675

This is happening right when oil prices have spiked again and while Biden is begging OPEC to produce more and playing footsie with Venezuela. Biden is like the hapless football player who picks up a fumble, gets confused, and runs with the ball 80 yards into his own end zone.

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