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Joe Biden is talking out of both sides of his mouth again.
While Biden was addressing the nation, promising a plan to lower inflation, his administration was doing the complete opposite.
A total of three major gas and oil leases were canceled.
What Was He Thinking?
As gasoline prices go, so goes the economy.
If it costs more to transport goods, goods cost more money… that is just the way things work.
Biden blames everyone, including supermarkets, for high prices, which shows how little this man understands how the real world works.
To that point, he blamed the cancelation of these leases on inactivity, but the industry says it is because he is taking direction from environmentalists that have turned fossil fuels into a bad investment.
In addressing Biden’s finger-pointing, Steve Milloy, a former Trump-Pence EPA transition member and founder of JunkScience.com, stated, “In Alaska, the problem was that the greens scared off virtually everyone.
“It’s expensive to explore and drill, and the greens made it pretty clear, they were going to make it even more difficult.”
Frank Macchiarola, senior vice president of policy, economics and regulatory affairs at the American Petroleum Institute, added, “Unfortunately, this is becoming a pattern – the administration talks about the need for more supply and acts to restrict it.
“As geopolitical volatility and global energy prices continue to rise, we again urge the administration to end the uncertainty and immediately act on a new five-year program for federal offshore leasing.”
Biden is killing this country like a kid pulling the wings off a fly under a spyglass in the sunlight… very slowly and very painfully.
