Interior Department report: Biden knows he is keeping energy prices high

The “most transparent administration ever” certainly is establishing a track record for keeping things secret from the American public and that pattern is being repeated again this week. At a time when Joe Biden is threatening to impose new taxes and penalties on the oil and gas industry for “making too much money” and blaming them for the high cost of gasoline, a secret has slipped out from this administration. Katie Tubb at Heritage is reporting that there are a couple of nuggets of information to be found in a massive report recently released by Biden’s Department of the Interior. The report deals with the scheduling of drilling leases, particularly for offshore reserves (of which there has been exactly one thus far during Biden’s time in office) and how the White House plans to handle such auctions in the coming years. Tucked away in the lengthy document is a direct acknowledgment that energy prices would come down if leases were being offered on a normal schedule, but the administration is still considering a plan where the number of auctions might be… zero.Read More