As Gas Prices Set New Records, Biden Nukes More Oil And Gas Projects

As Gas Prices Set New Records, Biden Nukes More Oil And Gas Projects


CBS News revealed the Biden administration canceled more oil and gas leases across the country this week as soaring gas prices reached new heights Wednesday.

The Department of Interior canceled plans to drill in more than 1 million acres in Alaska’s Cook Inlet, arguing “lack of industry interest,” on top of canceling a pair of leases in the Gulf of Mexico over “conflicting court rulings.”

“Until now, the White House had remained silent about the massive Alaska lease,” CBS reported Wednesday night, citing political headwinds against the president responsible for record-setting pain at the pump. According to AAA travel agency’s tracker, gas prices reached new milestone Wednesday, at a nationwide average of $4.40 a gallon of regular unleaded and $5.55 for diesel. The prior record

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