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Gas Prices Skyrocketing Thanks Biden!
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<blockquote data-quote="bacha29" data-source="post: 5473407" data-attributes="member: 58386"><p>On December 3 2020 out of 22 tracts of ANWR that were put out for lease bid only 11 of them received bids and 9 of them were bought up the the State of Alaska . Not exactly falling all over one another to get the chance to drill there. Exxon Valdez and lowered estimates of how much recoverable oil is actually there plus development and shipping costs along with reduced willing ness of major banks to bankroll the venture has raised industry doubts about the economic viability of the venture.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5473407, member: 58386"] On December 3 2020 out of 22 tracts of ANWR that were put out for lease bid only 11 of them received bids and 9 of them were bought up the the State of Alaska . Not exactly falling all over one another to get the chance to drill there. Exxon Valdez and lowered estimates of how much recoverable oil is actually there plus development and shipping costs along with reduced willing ness of major banks to bankroll the venture has raised industry doubts about the economic viability of the venture. [/QUOTE]
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