While Gas Hits Record-High, Biden Administration Cancels Enormous Alaska Oil And Gas Lease Sale

While Gas Hits Record-High, Biden Administration Cancels Enormous Alaska Oil And Gas Lease Sale


Despite the record high price of gas in the U.S., the Biden administration has announced it is canceling the sale of a massive oil and gas lease location in Alaska that was pending before the Department of the Interior (DOI).

Biden’s DOI also canceled two leases under consideration in the Gulf of Mexico area.

On Wednesday, AAA reported the national average price of regular gas had reached a record high of $4.40.

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At the end of March, the White House, while blaming Russian President Vladimir Putin for the rise in gas prices, bragged of Biden, “The first part of the President’s plan is to immediately increase supply by doing everything we can to encourage domestic production now.”

Yet on Wednesday, the DOI  killed the potential to drill for oil

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