President Biden is showing hostility to the U.S. oil industry by turning to Venezuela, not domestic producers, to supply America's energy, according to experts and industry insiders.
President Biden is showing"outright hostility" to theto foreign countries — including adversaries — to supply America's energy needs rather than domestic producers, according to experts and industry insiders.
"I have never understood this outright hostility to an industry that is critically important for U.S. manufacturing, transportation, and national security," he continued."Instead of working with the oil industry, President Biden approaches them with outright hostility, making demands upon them and criticizing them for making profits."
An oil worker walks toward a drill rig after placing ground monitoring equipment in the vicinity of the underground horizontal drill in Loving County, Texas, Nov. 22, 2019. In October, the Organization of the Petroleum Exporting Countries and its non-member allies, a coalition known as OPEC+ led by Russia and Saudi Arabia, announced they wereby 2 million barrels a day, a move that observers feared would push up already high global energy prices.
By turning to Venezuela for oil, Biden may also be undermining his own climate and environmental agenda.Last summer, the World Bank published data showing the U.S. has made, which is the burning of natural gas associated with oil extraction. Biden has said he wants to end the practice by 2030.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Biden makes surprise visit to Kyiv, Ukraine, meets with President ZelenskyyPresident Biden traveled to Ukraine’s capital city of Kyiv early Monday morning in a surprise visit as the country's war against Russia reaches the one-year mark.
Read more »
Photos: President Joe Biden visits Ukraine President Volodymyr Zelenskyy in KyivThe “The Americans stand with you, and the world stands with you.”
Read more »
WATCH LIVE: Biden in Kyiv to show solidarity as Ukraine war nears 1 yearPresident Joe Biden made an unannounced visit Monday to Ukraine to meet with President Volodymyr Zelenskyy. ukraine russia biden world kprc2 click2houston
Read more »
Biden in Kyiv to show solidarity as Ukraine war nears 1 yearPresident Joe Biden has made an unannounced visit to Ukraine to meet with President Volodymyr Zelenskyy
Read more »
Biden in Ukraine ahead of war anniversary: 'Kyiv stands'President Joe Biden made an unannounced visit Monday to Ukraine to meet with President Volodymyr Zelenskyy.
Read more »