Monday, July 22, 2024
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Oil CEO Warns Joe Biden Is Singlehandedly Killing the Industry – And It’s Just The Start

Dan Eberhart, the CEO oil-drilling company Canary, confirmed that Joe Biden alone is to blame for America’s energy crisis, saying it’s been done intentionally to accelerate America’s adoption of “green energy”

Speaking with Fox News’ Maria Bartiromo, Eberhart notes that intense regulations have forced American energy companies to decrease output, making prices ridiculously more expensive for households.

“The administration just keeps throwing wet blankets at the industry, death by a thousand cuts,” Eberhart remarked, noting that production has declined 10% while Biden has been in office despite oil prices soaring out of control.

“Why is that? Because the administration is not being helpful and not trying to increase supply, and it’s hurting consumers and they just don’t seem to care.”

 

Notably, Biden’s policy decisions regarding energy have all placed an emphasis on accelerating green energy. The president has leased the lowest amount of federal land for oil and gas drilling of any administration since World War II.

Immediately after entering the Oval office, Biden went on the offensive against domestic energy production by terminating the Keystone XL pipeline.

Biden has also destroyed America’s energy readiness by depleting the Strategic Petroleum Reserve which is typically only used during times of war.

“President Biden has canceled the offshore lease auctions,” Eberhart added. “He stopped fracking on federal land and the permitting process, which is really what’s important, not the leases, the permits are coming out of the administration much slower than they were out of the Trump administration.”

Democrats, meanwhile, have been claiming that corporate greed and price gouging is responsible for higher fuel prices in America, attempting to hide the truth regarding the consequences of their policies.

The White House has also been begging foreign nations to increase oil production to offset the higher energy costs while refusing to even consider taking the chains off of American oil.

Prior to the midterms, Saudi Arabia exposed that Biden had been begging OPEC not to reduce oil production until after the midterm elections. He also eased sanctions on the brutal regime in Venezuela to allow for more oil to be produced in the socialist country.

“The government should really focus on helping America and helping America’s national security position and helping American consumers,” Eberhart said.

“The Biden administration, they’re not looking to Texas and North Dakota for more oil. They’re looking to Venezuela, they’re looking to Saudi Arabia. I think it’s absolutely ridiculous being in the oil industry. It absolutely drives me crazy that they don’t look to Texas for more oil, to North Dakota for oil.”

While Biden remains obsessed with devastating America’s energy production, China has been doubling down on conventional methods of producing energy and are committed to continue building more coal plants.


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