‘Disingenuous’: Biden Says He Hasn’t Stopped Oil Production. Here’s the Reality

Started by Epoch-Times-Bot, Oct 20, 2022, 01:45 PM

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Epoch-Times-Bot

Oct 20, 2022, 01:45 PM
'Disingenuous': Biden Says He Hasn't Stopped Oil Production. Here's the Reality

President Joe Biden said Tuesday that he has not stopped or stalled oil production; despite this, the Biden administration has implemented policies that are derailing domestic fossil fuel output.
Biden asserted that he wanted to "debunk some myths" about his energy policies and claimed that his administration has done the "opposite" of discouraging oil production during a speech. However, the Biden administration has instituted a regulatory crackdown on producers and discouraged investment in the industry while blaming oil and gas companies for the resulting shortages and price hikes.
"Biden's claim is absolutely not true based on his very clear track record," Phil Flynn, an energy market analyst with the PRICE Futures Group, told the Daily Caller News Foundation (DCNF). "Biden's green policies have created a hostile environment for investment in oil and gas, which has hurt production."...

Source: 'Disingenuous': Biden Says He Hasn't Stopped Oil Production. Here's the Reality

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