After this surprising news, Joe Biden threw in the towel
Joe Biden’s Presidency has been an utter failure.
His issues are building up, and he has no idea how to deal with them.
And after this unexpected statement, Joe Biden threw in the towel.
Joe Biden is following extremist Alexandria Ocasio-Cortez’s “Green New Deal” agenda.
When he took office, he immediately halted new oil and gas drilling licenses on federal property, as well as a large drilling project in Alaska.
On his first day in office, the permits for the Keystone XL project were revoked.
Parts of the “Green New Deal” are included in his major piece of legislation, the multi-trillion dollar “human infrastructure bill.”
Higher taxes and new rules have been warned for oil and gas corporations.
Gas prices are now at all-time highs, not seen since the Obama administration.
The national average for a gallon of petrol is $3.38, but one California town has seen prices as high as $7 a gallon.
Americans are furious about increasing gas costs, and Joe Biden just conceded that he has no solution.
When questioned about increasing petrol prices at a CNN town hall, Biden blamed OPEC for a shortage of supply.
He then admitted defeat saying “I don’t have a near term answer” and closed by saying “this is going to be hard.”
But he then tried to express optimism that gas prices will fall by the end of the year.
This is a stunning acknowledgement of his hardline anti-energy policies’ failure.
Biden has been petitioning OPEC’s key oil producing nations to raise output with his hat in hand, but has so far been turned down.
Despite the apparent answer of allowing American companies to expand their own energy expansion efforts, Biden has shown no evidence of backing down from his extremist anti-fossil fuel agenda.
With inflation rife across the economy, this is another price hike for already-overburdened households.
As Biden’s economy continues to stutter, rising gas costs become another worry for his administration.