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Home Economy

Flashback – Joe Biden: ‘I Assure You We’re Going to Finish Fossil Fuels’

June 20, 2022
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Then-candidate Joe Biden stated in 2019 that he would “end” the fossil gas business in the US.

“I want you to look at my eyes. I guarantee you, I guarantee you we’re going to end fossil fuels,” he stated in New Citadel, New Hampshire.

Biden stated one thing comparable in 2020 on the Democrat major debate stage. Biden promised to wage battle on the American oil business by terminating subsidies and drilling feasibility.

“No more subsidies for the fossil fuel industry,” Biden stated. “No more drilling, including offshore. No ability for the oil industry to continue to drill, period,” Biden stated of his power insurance policies if he gained the presidency. “It ends.”

Joe Biden in 2020: “No more subsidies for the fossil fuel industry. No more drilling including offshore. No ability for the oil industry to continue to drill period. It ends.” pic.twitter.com/90MVJevPmv

— Dan O’Donnell (@DanODonnellShow) March 8, 2022

Biden has made good on his promise. On day certainly one of his presidency, Biden canceled the Keystone pipeline. Biden has additionally pushed up non-public and public financing prices of oil drilling and halted drilling on public lands.

Additionally, gasoline costs have soared for seven consecutive days at over $5 per gallon. In line with the Power Info Administration (EIA), Individuals will pay $450 extra for gasoline in 2022 than they did final yr on an inflation-adjusted foundation.

As an alternative of taking credit score for his insurance policies, Biden has as a substitute advised residents that gasoline costs are excessive as a result of oil corporations are gouging shoppers. On Wednesday, Biden despatched a letter to Marathon Petroleum Corp., Valero Power Corp., ExxonMobil, Phillips 66, Chevron, BP, and Shell, blaming them for the price of gasoline. He additionally requested they produce extra oil.

Biden’s communication ways come because the midterm elections are approaching. Biden’s approval for his administration of gasoline costs is simply 27 p.c. Extra polling exhibits that 74 p.c of Individuals consider Biden’s hovering gasoline costs are an “extremely/very important” consider how they’ll vote within the midterm elections.

Polling by the Conference of States Motion/Trafalgar Group additionally confirmed that 53 p.c of voters consider Biden is attempting to boost the worth of gasoline to pressure residents to make use of much less fossil gas.

Comply with Wendell Husebø on Twitter and Gettr @WendellHusebø. He’s the creator of Politics of Slave Morality.



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