Get out of the way

Within his first week in office, President Biden signed an executive order temporarily suspending new oil and gas leases on federal lands. This kind of thing is still going on. The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior yesterday May 10th. The DOI halted the potential to drill for oil in over 1 million acres in Alaska's Cook Inlet, along with two lease sales in the Gulf of Mexico. Major investment companies are shying away from energy investments as they await what will happen next. The government may not have a way to lower the gas prices but they can quit interfering. They need to adhere to the old maxim, lead, follow or get out of the way.