Joe Biden has hampered domestic energy industry while pleading for more foreign oil
07.10.2022 - 09:37
/ foxnews.com
President Joe Biden has taken a number of steps to curb domestic fossil fuel production since taking office but has still turned to foreign dictators for oil as prices have ticked up. The Biden administration has aggressively pushed its climate agenda, which includes a transition from fossil fuels to green energy, over its first 20 months in office. For example, it has taken aim at oil and natural gas pipelines, restrained leasing on federal lands and waters, moved forward with stringent climate disclosure rules for the private sector and introduced burdensome environmental regulations.
"Americans are taking it in the shorts because the Biden administration has basically declared war on American affordable, abundant energy," Dan Kish, a senior fellow at free-market think tank Institute for Energy Research, told Fox News Digital in an interview. The average price of gasoline nationwide increased to $3.87 a gallon on Thursday, extending a multi-week streak of price increases, according to AAA data. Oil prices in the U.S.
and worldwide have also moved upward in recent days. And the National Energy Assistance Directors Association projected in September that the average cost of U.S. home heating across all fuels — including gas, heating oil and propane — will spike 17.2% this winter compared to last year, forcing millions of lower-income families to choose between paying for heat, food, medicine and rent.
Natural gas prices have increased to levels far higher than historic trends over the last several months. President Biden has taken a number of steps to weaken the domestic oil and gas industry since taking office. While the administration has sought to restrict domestic oil and gas production, it has also turned to foreign
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