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Biden’s blame game will send oil prices skyrocketing

Rather than taking steps to boost US oil and gas production amid skyrocketing prices and the war in Ukraine, President Biden is sticking to his green energy goals and blaming fossil fuel companies for the fallout. This will exacerbate today’s energy problems.

Though he has struggled with promises to ban drilling on state lands and waters, Mr. Biden’s administration now says oil companies are not drilling enough. Instead of “doing their part,” the president claims, “too many U.S. fossil fuel companies are choosing to make extraordinary profits without making additional investments in supply.”

https://www.wsj.com/articles/biden-blame-game-antitrust-price-gouging-hearing-investigation-anti-consumer-federa-land-lease-permitting-oil-prices-gas-fossil-fuels-drilling-green-energy-inflation-11649881494 Biden’s blame game will send oil prices skyrocketing

Ethan Gach

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