this post was submitted on 02 Jul 2024
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Is it? I thought he was just continuing the same policies from the Obama Admin. Limiting exports doesn't sound like a way to limit fossil fuels being extracted, it sounds like a way to keep the domestic market cheaper. But idk
And the pause was only started in January. So I don't see how you could blame courts for the previous 3 years. He's an Obama Democrat. He loves drilling.
There are quite a few earlier cases for drilling though. For example Biden tried to stop new leases for oil and gas projects on public land, but that got struck down by a court. That was three years ago.
Also this is about new export terminals. Due to new emissions regulation for cars, the inflation reduction act and a few other laws, US oil and gas consumption is likely to fall. So the oil and gas companies try to export more. Hence more terminals.
Thanks. Forgot about that