“[Putin’s] Best Friend Is Joe Biden Who Is Killing the World’s Greatest Energy Industry Here in America” – Larry Kudlow on Biden’s Fossil Fuel Jihad

[TigerGrowls]

"[Putin's] Best Friend Is Joe Biden Who Is Killing the World's Greatest Energy Industry Here in America" - Larry Kudlow on Biden's Fossil Fuel Jihad in the US | The Gateway Pundit | by Joe Hoft

Under President Trump, America had its strongest economy ever, the world’s strongest economy ever, with full employment, stock market highs, and the world’s highest GDP. A big part of it was because of President Trump’s America-First energy policy. Larry Kudlow explains how Biden is killing this...

www.thegatewaypundit.com

“[Putin’s] Best Friend Is Joe Biden Who Is Killing the World’s Greatest Energy Industry Here in America” – Larry Kudlow on Biden’s Fossil Fuel Jihad in the US​

By Joe Hoft
Published February 19, 2022 at 1:30pm

Under President Trump, America had its strongest economy ever, the world’s strongest economy ever, with full employment, stock market highs, and the world’s highest GDP. ​

A big part of it was because of President Trump’s America-First energy policy. Larry Kudlow explains how Biden is killing this industry in the US.​

In his intro yesterday, Larry Kudlow summarized Biden’s insane actions that are hurting the US tremendously. Here are pieces from what this great financial guru and economic mastermind who worked with President Trump shared:

Let me begin with an abbreviated riff tonight. First of all, as I’ve mentioned before, President Biden’s handling of this Putin-Ukraine business has been uncertain, ambiguous, reactive and embarrassing to anybody who believes in “America First.”
TRENDING: WATCH: Chuck Todd Asks Secretary of State Blinken Why Putin Didn't Escalate During the Trump Administration
…Next topic: World oil prices are surging above $90, quite possibly to $100 or more, but the radical climate people populating the Biden administration with the president’s enthusiastic support continue to wage war against all forms of fossil fuels and pipelines.
Europe and the rest of the world need more oil and natural gas and they need it right now. We’ve got enough of an inflation problem as it is. So naturally, Team Biden is doing everything it can to prevent this. Of course, they have stopped the drilling in Alaska, stopped the Keystone XL pipeline and jacked up drilling fees on public lands.
In recent weeks, the fossil fuel jihad has intensified. First, they’ve pulled the rug out from under the infrastructure bill by stopping the one federal decision, NEPA permitting provision, with excessive environmental and endangered species regulatory burdens. Bridges, roads and highways will be short-changed and new pipelines may be dead.
…So, the world needs oil and natural gas and Joe Biden is doing everything he can to say “no.”
Think Vladimir Putin has a smile on his face over this? Yup. Bet he does.

Watch video on TGP

 

[dpic73]

"But the industry’s “huge inventory” of undeveloped existing leases and drilling permits are evidence that the oil and gas industry anticipated a “pause” in leasing long ago, said John Leshy, a law professor at the University of California, Hastings and former Interior solicitor in the Clinton administration.

That “makes the ‘sky is falling’ rhetoric from the industry and its allies a bit over the top,” Leshy said Thursday. “Especially since many of the Trump-era lease offerings attracted no bids, or only minimum bids.”

Oil and gas production was occurring on less than half of the more than 26 million acres of land already under a federal lease by the end of fiscal 2019, according to the most recent federal Bureau of Land Management data, which doesn’t include millions of acres leased in the Trump administration’s final year.

Energy companies have the right to drill federal oil and gas leases for 10 years, and many of the leases sold over the last year were auctioned by the land bureau for as little as $2 per acre. The land bureau didn’t respond to a request for comment Thursday."

Oil, Gas Industry Stockpiled Drilling Leases Before Biden ‘Pause’

A stockpile of federal oil and gas leases across an Ohio-sized swath of land in the West shows the fossil fuel industry was preparing for a leasing moratorium for years, former Interior Department officials say.

news.bloomberglaw.com

 

[Cocks are Number 1]

Thanks, Joe.

 

[iceheart08]

Fossil fuel jihad huh. In the headline nonetheless.
























Yikes