Connect with us

Nevada

More drilling in Nevada won’t lower prices — just make Big Oil richer

Published

on

More drilling in Nevada won’t lower prices — just make Big Oil richer


This opinion column was submitted by David Jenkins, president at Conservatives for Accountable Stewardship; and Russell Kuhlman, govt director for the Nevada Wildlife Federation.

Within the present international vitality disaster, Nevadans have been hit laborious, with costs on the pump exceeding 5 {dollars} per gallon. However as an alternative of working to decrease costs for customers, oil and fuel firms have chosen to capitalize on the Russian invasion of Ukraine for their very own achieve. They’ve referred to as for extra public land permits and leases, whereas sitting on 8,800 authorized drilling permits. However proof reveals extra drilling gained’t decrease fuel costs. 

Within the face of excessive gasoline costs, many elected officers are pointing fingers on the administration when they need to actually be centered on at this time’s vitality market. Since oil is a globally traded commodity, the world market is answerable for value volatility, even for oil produced within the U.S.

Worldwide conflicts virtually at all times drive up oil costs, and that is what we’re seeing now. In actuality, lower than 10 % of U.S. oil and fuel comes from federal lands. Even so, the administration has been encouraging the business to make use of what they’ve. However Huge Oil CEOs aren’t listening.

Advertisement

As an alternative, they’ve chosen to prioritize share buybacks for his or her buyers over manufacturing. A latest survey by the Federal Reserve Financial institution of Dallas confirmed that just about 60 % of oil executives stated strain from shareholders to extend returns is the first driver behind public firms’ reluctance to develop output.

Russell Kuhlman

The fossil gasoline business has made it clear that they care extra about their backside line than they do about reducing fuel costs for Individuals struggling to make ends meet — people who have to get to work, purchase groceries and deal with their households.

When oil and fuel firms lease extra federal lands, particularly underneath this damaged federal leasing program, it does nothing to decrease fuel costs. Furthermore, “speculative leases” on lands that may by no means generate oil are dangerous as a result of they lower these lands off from getting used for recreation alternatives. This can be a enormous drawback in Nevada, the place not more than 3 % of leased public land has been in manufacturing at any level over the previous 20 years.

The basis of the problem lies in our damaged leasing system. Despite the fact that most of Nevada’s public lands have little to no drilling potential, speculators can wait out bidding to purchase up leases for simply $1.50 per acre by a backdoor loophole referred to as “noncompetitive leasing.” The overwhelming majority of federal land in Nevada is leased this manner, and these leases hardly ever ever produce any oil or fuel. Leasing extra land in Nevada gained’t result in extra drilling or drive down fuel costs, however it would make oil and fuel CEOs richer. With out federal oil and fuel reform, it’ll proceed to be too straightforward for the business to reap the benefits of our public lands for his or her revenue.

Proper now, there are a number of payments in Congress that might assist to repair this damaged system. Sen. Catherine Cortez Masto and Rep. Susie Lee have launched payments that might finish speculative leasing on low potential public lands, whereas Senators John Hickenlooper, Martin Heinrich and Jacky Rosen and Rep. Mike Levin are sponsoring payments to finish the wasteful noncompetitive leasing program.

We want Congress to work with the Biden administration and the Division of the Inside to guard our public lands for using Nevadans — particularly because it’s clear that public land leasing insurance policies aren’t in charge for rising client vitality costs. It’s time to take heed to the calls of Western voters, who overwhelmingly need protections for wildlife, air and water, and recreation prioritized over drilling. The jig is up for oil and fuel firms — we all know the reality, and now it’s time to behave.

Advertisement

David Jenkins is the president at Conservatives for Accountable Stewardship. Russell Kuhlman is the chief director for the Nevada Wildlife Federation.

Have your say:The way to submit an opinion column or letter to the editor



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nevada

Nevada high school football championships 2024: How to watch state finals online

Published

on

Nevada high school football championships 2024: How to watch state finals online


The Nevada state high school football championships are here. Here’s how you can watch any of the championship games online on NFHS network.

Watch: Nevada High School football championships

The NIAA state football championships will air from Nov. 23 to Nov. 26 in Las Vegas, Nevada.

How can I watch Nevada high school football? Fans can subscribe to NFHS Sports Network, a nationwide streaming platform for more than 9,000 high school sports. You can find the list of available schools here.

Advertisement

How much does an NFHS subscription cost? Is there a free trial to NFHS Network? An annual subscription costs $79.99, or you can pay monthly for $11.99 per month.

Can you watch NFHS on your phone or TV? NFHS Network is available on smart TVs like Apple TV, Roku, Amazon Fire and Google Chromecast, as well as on iOS and Android smartphones.

Nov. 23:

10 a.m. PT: 2024 NIAA 2A Football Championship Incline Vs. Pershing County

1:30 p.m. PT: 2024 NIAA 5A Div. II Football Championship Faith Lutheran Vs. Bishop Manogue

Advertisement

Nov. 25:

Noon PT: 2024 NIAA 5A Div. III Football Championship Galena Vs. Centennial

Nov. 26:

9 a.m. PT: 2024 NIAA 1A Football Championship Pahranagat Valley Vs. Tonopah

12:20 p.m. PT: 2024 NIAA 3A Football Championship Truckee Vs. SLAM Nevada

Advertisement

3:40 p.m. PT: 2024 NIAA 4A Football Championship Canyon Springs Vs. Mojave

7 p.m. PT: 2024 NIAA 5A Div. I Football Championship Arbor View Vs. Bishop Gorman

Advertisement

Thank you for relying on us to provide the journalism you can trust.



Source link

Continue Reading

Nevada

Controversial no-call, early hole dooms Nevada 66-62 against Weber State

Published

on

Controversial no-call, early hole dooms Nevada 66-62 against Weber State


RENO, Nev. (Nevada Athletics) – Nevada women’s basketball returned home after two weeks of being way, hosting Weber State, where Lexie Givens jumped to eighth all-time in rebounds in the 66-62 loss to the Wildcats.

Givens recorded 12 rebounds on the night, bumping her to eighth in the Nevada women’s basketball record book after tying ninth last season. With her rebounds, combined with 10 points, Givens got her first double-double of the season. 

The first half started out strong for the Wolf Pack as they scored the first points off of free throws by Dymonique Maxie.

Nevada only gave up the lead once in the opening quarter, which it quickly got back and maintained throughout the remainder of the first 10.

Advertisement

Quarter two began with the Pack up 17-9.

The lead stayed with Nevada through five minutes, with Weber State slowly cutting into it. With 5:13 left in the half, the game was tied at 23. Nevada then found itself playing from behind for the rest of the quarter, trailing 40-27 heading into the break.

In the third quarter, Nevada began its comeback, cutting a once 15-point Wildcat lead down to just six. An eight-point run by the Wolf Pack allowed them to get back into it, beginning with free throws by Rakiyah Jackson. She was followed by back-to-back layups, scored first by Audrey Roden and then Izzy Sullivan.

Givens capped off the run with two more made free throws.

Weber State extended its lead a bit heading into the fourth, Nevada down, 51-43.

Advertisement

The final 10 saw the Wolf Pack’s first lead since the second quarter. Nevada inched its way back in front after a three-pointer by Roden, putting the Pack up, 57-56, with just over five minutes remaining in the game.

Nevada tried to keep the lead, but was unable to hold on, dropping the hard-fought battle to Weber State.

Roden, Maxie and Jackson all led the team with 11 points a piece. Jackson also recorded seven rebounds, followed by Olivia Poulivaati with six. Maxie led both teams in steals with a season high of five.

Nevada will remain at home to take on Morgan State on Sunday at 1 PM.

Advertisement



Source link

Continue Reading

Nevada

Nevada wins a thriller over VCU in Charleston Classic; Pack will play Oklahoma State at noon Sunday

Published

on

Nevada wins a thriller over VCU in Charleston Classic; Pack will play Oklahoma State at noon Sunday


Nevada’s Kobe Sanders hit a 3-pointer in the final seconds to lift the Wolf Pack to a 64-61 win over VCU in the Charleston Classic men’s basketball tournament Friday night.

The Wolf Pack (5-1) will play Oklahoma State (4-1) at noon Sunday to close out the tournament.

Nevada’s Nick Davidson scored 15 points, 13 in the second half, to help spark the Pack.

Oklahoma State beat Miami, 80-74 on Friday.

Advertisement

Nevada struggled from the free throw line in Friday’s game, hitting 15-of-26, but hit some from the stripe late in the game. The Rams were 11-of-14 from the free throw line.

Nevada hit 7-of-13 from 3-point range while the Rams were 10-of-31 from deep.

Up Next

  • Nevada plays Oklahoma State at noon Sunday in Charleston, S.C.
  • Dec. 2, Washington State at Nevada, 7 p.m.
  • Dec. 7, Nevada at Loyola Marymount, 6 p.m.
  • Dec. 11, South Dakota State at Nevada, 7 p.m.
  • Dec. 14, Texas Southern at Nevada, 7 p.m.
  • Dec. 21, Colorado State at Nevada, 2 p.m.
  • Dec. 28, Nevada at Wyoming, 1 p.m.
  • Dec. 31, Utah State at Nevada, 7 p.m.



Source link

Continue Reading

Trending