Under President Donald Trump’s leadership, the United States became a net oil exporter for the first time in over 70 years. Now, President Joe Biden is on a path to undo that accomplishment.
On Biden’s first day in office, he ended construction on the Keystone XL pipeline, killing thousands of high-paying jobs and making it harder for U.S. energy consumers to get the energy they need.
Then, later that first week, Biden banned new leasing for energy on federal lands, again killing many high-paying energy jobs and decreasing the supply of energy available to consumers.
Less fossil fuel production is exactly what liberal activists who have captured the White House wanted. But lower supply also means higher prices, and when those higher prices hit, Biden started to feel the political pressure to do something.
But instead of unwinding his previous bad policies, Biden turned to the international oil cartel OPEC and begged them