Mike’s Musings

Random thoughts, opinions, ideas and prognostications on the day's events.

Another day, more jobs lost, another local economy facing the prospect of ruin. You’re doing a bang-up so far there, Uncle Joe. Wait, wasn’t there another leader who was called called Uncle Joe? Wait, it’ll come to me…Broad Slavic face, thick mustache, no tolerance for dissent…Oh yeah, that guy! well if the moniker fits…

President Joe Biden has placed a 60-day moratorium on new oil and natural gas leases and drilling permits in New Mexico, an action that’s a major cause for concern, according to the Associated Press. New Mexico’s Permian Basin is often considered one of the best regions in the United States for the production of oil and natural gas. Local leaders in towns near the basin have expressed worry over Biden’s two-month moratorium on leases and permits, arguing that a permanent suspension would spell disaster for the New Mexican economy. “During his inauguration, President Biden spoke about bringing our nation together. Eliminating drilling on public lands will cost thousands of New Mexicans their jobs and destroy what’s left of our state’s economy,” said Carlsbad Mayor Dale Janway. “How does that bring us together? Environmental efforts should be fair and well-researched, not knee-jerk mandates that just hurt an already impoverished state.”

Joe Biden Places Two-Month Moratorium on New Oil Leases and Drilling Permits in New Mexico, A State He Won in November – Big League Politics

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