WSJ: Biden’s Raid on the Permian Basin
Updated: Jul 1, 2022
President Biden and his aides keep saying they’re doing everything they can to produce more oil and gas in the U.S. Apparently they think Americans aren’t paying attention, because his Administration keeps making rule after rule to throttle production.
The latest comes from the Environmental Protection Agency, which has announced it may soon deem parts of the Permian Basin in Texas and New Mexico in “non-attainment” with its ozone standards. Green groups last spring petitioned the EPA to do this to effectively force curbs on shale fracking. The Permian is currently the most productive, and cost-effective, oil shale reserve in the U.S. It accounts for 43% of U.S. oil production....