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Biden freezing oil leases is 'ideological and not based on science': Menezes - YouTube
Channel: Fox Business
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more on biden's move to reverse trump's
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efforts to expand drilling
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uh as well as a decision to scrap
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sanctions against the nordstream
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ii pipeline joining us now mark menzes
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former deputy secretary of energy mark
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good to see you again
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you know just uh i want to really drill
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down anywhere because i'm really annoyed
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about this
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i'm sure you are too but just tell me
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you know for
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simplistic purposes so let me let me get
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this right
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we are stopping we the byte
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administration
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stopped the excel pipeline
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the byte administration is stopping
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the anwar drilling which trump got
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through
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after people tried for 30-something
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years but the byte administration
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is mark helping to complete the russian
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gas pipeline so i would say this is
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america last russia first
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you have a take on that i know i'm i'm
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rephrasing it
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but what do you think about that
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well larry it's great to be with you
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today um
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you know i i agree with senator
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murkowski you know the decision today
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may not have been totally unexpected but
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it certainly was outrageous
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you made the point that congress played
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a key role in this
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this was not a decision that was made in
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the last days
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of the trump administration on issuing
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these leases you know congress
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essentially mandated the administration
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to establish
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an oil and gas program and that it took
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years of study
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there's probably no other real estate in
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all of america that has been studied
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more than anwar this legislation that
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you talked about was really a
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culmination
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of policy debates and congressional
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action going back
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decades it was a deal that was put
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together that
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you know arose out of work uh to
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lift the oil export ban alaska was
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always exempt from that
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but you know we extended renewables uh
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tax credits
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uh the legislation 2017 uh
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was a very well put together bill uh
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that
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um you know was an all-of-the-above
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approach uh the studies took place
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during the trump administration
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uh and the leases were granted after
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really a tremendous amount of work
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uh that was done so mark let me i mean
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again
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i think i think the record will be clear
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no absolutely i
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i just want to you know make some
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thoughts here first of all the thing
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about anwar
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okay look i'm i'm i'm all the above kind
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of guy i think you probably are too
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but you have to think not just about oil
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but of natural gas
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we're probably going to drill if we ever
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do and we're going to discover a lot of
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oil
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but we will discover more natural gas i
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mean i don't know that i'm not a
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geologist but that's the history of
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these things
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in the permian basin and others you get
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so much damn gla
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gas you have to flare it out then the
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price goes down
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and guess what we can ship lng to europe
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or we can ship
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lng to to asia mark that is in
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america's interests that's the point i'm
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making
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that is in our interest to develop more
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gas
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to protect us if nothing else than to
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provide home heating oil
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that's what infuriates me on the one
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hand we're giving it up to russia
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and on the other hand we're stopping it
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here at home i just you know i don't get
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it and one other point i want to make
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the department of the interior the
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secretary of the interior
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this is i think a blm bureau of
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landmines thing or maybe not
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but i always argued against deb halling
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not personally i never met the woman i'm
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sure she's very capable
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uh house member from new mexico but we
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know she had a record
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where she was opposed to fossil fuels
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and opposed to pipelines mark
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and i couldn't understand why uh
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a lot of good friends of mine who were
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elected officials from
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alaska including my dear friend senator
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sullivan
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voted for her because she's in the
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forefront of this she's in the forefront
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of stopping this arctic
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national wildlife thing last point
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well what we know is they're going to be
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clear winners and losers in these types
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of decisions whether you're stopping a
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pipeline you're stopping anwar
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development you're stopping necessary
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infrastructure larry
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and the you know the the winners are
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going to be as you say opec
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countries and russia they're the ones
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that are very much
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happy with this they try to squeeze the
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u.s producers out
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we saw this when they tried to limit
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production and u.s producers
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came in and filled that in and the
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united states became the number one
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producer
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and it brought competition around the
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globe prices fell
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and the u.s was producing and we became
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very much independent
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there are clear losers in this decision
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alaskans
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u.s consumers u.s jobs
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u.s technology us manufacturing
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uh these are the clear losers in this
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type of decision
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what strikes me and i think what really
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you know what really
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bothers those of us that have been
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working in these policy arenas for
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decades is that anwar
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you know was a result of a lot of debate
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and discussion and sound policy with
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protections
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for the environment in the bill and yet
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we know that it's really an ideological
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issue right you just simply have to say
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anwar still today
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and people run to corners uh and it's
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ideological it's not based in science
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it's not based on facts
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i got to go i'm just in law i gotta go
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buddy but you're absolutely right
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i'll just say this one last thing i
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lived through you know three years the
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nec helped us develop
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lng exports and everybody in europe
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wanted
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lng exports they did not want russia
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and they disagreed with germany and by
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the way in
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asia they want lng exports too from the
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united states it could have been one of
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our most fabulous industries
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and you're right we're talking high paid
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jobs a guy get out mark
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we'll have you come back and talk some
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more about this i have a feeling
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this will not be our only enviro
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disappointment
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