Breitling Oil and Gas Morning Podcast #267

Delays in federal permitting for oil and gas exploration on public land is likely reducing national energy production and depriving the federal government of revenue, according to a federal report released Friday.

The report is the latest addition to a mounting body of evidence undercutting the administration’s claims that it has fostered increased oil and gas production, critics say. Production on lands the federal government controls has plummeted during Barack Obama’s presidency.

The (USDA) inspector general examined 1,881 applications for drilling permits on public land. Fewer than 4 percent of those applications were “recent,” or filed in the last 180 days. The rest had experienced prolonged delays.

By not processing these nominations as expeditiously as possible IS causing the federal government to forego revenue or prevent or delay the efforts of the private sector to provide energy to the public.  What a joke!

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