As president all he can do is open up the permitting side. These oil companies are sitting on many unused permits right now. The only thing that’s going to get them to do more drilling is if the price goes sky high, which they decide.
Also starting a new project takes years, even after the permit.
As president all he can do is open up the permitting side. These oil companies are sitting on many unused permits right now. The only thing that’s going to get them to do more drilling is if the price goes sky high, which they decide.
Also starting a new project takes years, even after the permit.
https://www.politifact.com/factchecks/2022/mar/09/joe-biden/fact-checking-bidens-claim-there-are-9000-unused-o/