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I worked in the oilfield for over 10 years, and feel like I can lend a little incite into this that goes slightly beyond layman; they want public lands.
Oil companies pay pennies on the dollar for public lands, and they profit-share significantly less with the federal government than with a private land-lease. They make significantly more over the life of a producing well on public lands (land owned by you and me), which is why they were pissed when Biden said "no more public lands!" during his Presidency which is a direct result of oil companies not willing to negotiate for fair value for these leases despite the profit they make.
They want to be able to extract oil and natural gas (and possibly lithium in the future, soon as they figure out a cost effective way to remove it from produced fluid) that's owned by you, and me, for as cheap as possible and sell it back to you and to me for a massive profit.
This entire "energy emergency" is a way to skirt around existing laws against leasing public lands to oil companies without having to spend time in court or expending political capital to repeal them.
Don't forget Nestle paying pennies for water and then selling it back to us!
https://www.snopes.com/fact-check/nestle-ceo-water-not-human-right/
Just another form of loophole abuse.