Yesterday afternoon - after reports that the Biden admin would ease sanctions if Venezuela would pleeeeease pump more oil, @BradHuston succinctly opined on Twitter:

"So basically Biden is saying that domestic producers are more evil than Venezuela's Nicholas Maduro."

This morning, it appears the Biden administration is doubling down on that as Fox Business reports that the Biden administration is nearing a decision on the future of federal offshore fossil fuel drilling and hasn't ruled out a complete block on new leases.

On Thursday, the 90-day comment period for the Department of the Interior's (DOI) proposed five-year offshore leasing plan ended, paving the way for the agency to issue a final decision.