by Jack McEvoy
The Daily Caller
President Joe Biden said Wednesday 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…
The Environmental Protection Agency decided in April to rescind exemptions that would have allowed over 30 refiners to avoid blending “renewable” biofuels into gasoline and diesel, increasing the “burden” on refineries by hiking costs and decreasing output, according to an agency docket. The Democrats’ $370 billion climate spending package, which Biden signed into law in August, strengthens the EPA’s methane rules and imposes new taxes on methane emissions which could threaten independent oil and gas producers…
“It’s just disingenuous. … American oil production has declined dramatically since he took office,” Greg Walcher, a natural resources fellow at the conservative Centennial Institute think tank, told the DCNF. “The U.S. was completely energy independent for the first time ever when he took office but now he’s begging dictators for oil instead helping pump responsibly-sourced oil domestically.”
