The Presidio is a former military base converted into a 1,500-acre beach-front park located next to the Golden Gate Bridge. The well-adorned park features several private residences, office spaces, hotels, a golf course, and event venues located in the heart of Speaker Pelosi’s 12th Congressional District.
Here are a few key questions that need to be answered about how the Presidio’s funding was inserted into the Natural Resources list of priorities and how it will be used:
It’s official. The Biden Administration will conduct no lease sales this quarter or in the 2021 fiscal year that ends September 30th. August 15th marked the 45-day deadline to announce a lease sale before the end of the quarter as required by the Mineral Leasing Act. It also marked 60 days since Judge Terry Doughty in the Western District of Louisiana issued a preliminary injunction overturning the leasing ban.
As anticipated, the Interior Department announced the appeal to the Fifth Circuit on the last possible day. The justification of course started with climate change, which we all know is practically irrelevant as federal production would simply be displaced to nonfederal lands or overseas. Hence President Biden’s plea to Russia and OPEC just the week before to increase production.
Monday, the Intergovernmental Panel on Climate Change (IPCC) released a major chapter in its sixth assessment report (AR6), the first significant update since 2014. IPCC is the “gold standard” of climate science, based on thousands of published studies.
But science is not a golden oracle that dictates what policies follow. It’s up to policymakers to take the science and translate it into realistic, actionable policy. The IPCC doesn’t provide solutions on how to reduce carbon emissions while still meeting the needs of humanity for food, shelter, mobility, home heating and cooling, medicines, water, and other life-sustaining products and services.
There is rarely a clearer illustration of this reality than the actions from the White House just two days after the IPCC report was released. National Security Advisor Jake Sullivan issued a statement about the effects of high gasoline prices on the global economy. This follows efforts over the summer to encourage OPEC and Russia to increase production. The White House also directed the Federal Trade Commission (FTC) to investigate oil companies for potential market manipulation.
Days before President Joe Biden meets one-on-one with Russian President Vladimir Putin, imports of Russian crude oil to the United States reached a record high and are expected to increase this summer. The president, however, is not expected to address the increased cross-Atlantic oil trading when the two leaders meet on Wednesday.
“Last month we saw a record 5.75 million barrels of Russian #crude discharged in the US, and we’re projecting a further record this month of 7.5mn bbls,” according to commodity trading analysts at ClipperData who monitor cargo shipments worldwide.
Western Energy Alliance hosted a livestream discussion with former United States Senator Cory Gardner to talk about the impacts President Biden’s ban on oil and natural gas leasing will have on public lands conservation funding.
Last year, Sen. Gardner co-authored and helped pass the Great American Outdoors Act (GAOA), which relies almost exclusively on royalties paid from oil and natural gas production on public lands and waters to fund $2.8 billion in conservation. The money reduces the National Park Service’s maintenance backlog, permanently funds the popular Land and Water Conservation Fund (LWCF), and repairs infrastructure on other public lands. Because of a compromise forged by Sen. Gardner on competing public lands bills, GAOA was signed into law by President Trump last August.
The following are excerpts from the conversation with Sen. Gardner.
I never took a pure philosophy class in college, and I’ve always felt that to be a failing in the well-roundedness of my education. To compensate, I’ve done my own reading into some of the classics of philosophy, but feel that lack of training as my eyes glaze over a particularly dense metaphysical passage.
However, as a political science major, I’m right at home with political philosophy. It just seems more concrete and practical to me. When I see a particular concept become prominent in the political sphere, I’m curious about its origins and development. Such is the case with environmental justice, which is rooted firmly in the post-modernism in which philosophy is currently mired. There may be a masters thesis to be written about its philosophical origins, but I won’t be the one to do so. That doesn’t stop me from opining about it for a few paragraphs today.
Myth v. Reality: Leasing Talking Points
The Interior Department is holding a forum on how it will implement the Biden leasing ban. As I discussed last week, 7% of U.S. greenhouse gas emissions from the development and consumption of federal oil and natural gas does not equal “nearly a quarter.” Likewise, less than 4% of the federal mineral estate is not a “stockpile” of leases from rampant “fire sales.” Here are a few highlights.
Myth Number One: “Over the last few years the oil and gas industry has stockpiled millions of acres of leases on public lands and waters.”
Leased acreage is at a historic low while production has hit historic levels. From a high of over 120 million acres in 1985, leased acreage is down 78% to 26.6 million, up slightly from the all-time historic low during the Trump Administration of 25.5 million acres. By the end of the Trump Administration, leased acreage was down 41% from the Obama Administration’s high of 45.4 million. In fact, industry is more efficient, producing greater quantities of oil and natural gas from an ever-smaller portion of public lands.
Source: BLM Oil and Gas Statistics webpage.