Biden's "War on Energy" is nothing like the democrat's bogus "Russia Collusion" hoax, its real:
Democrats reject an all-of-the-above market-driven energy strategy and want to use subsidies and taxes to favor certain types of renewable energy.
www.newsweek.com
Biden's first actions as president included
re-entering the Paris Climate Accord, canceling the Keystone XL Pipeline, halting a leasing program in the Arctic National Wildlife Refuge (ANWR), issuing a 60-day
halt on new oil and gas leases and drilling permits on federal lands and waters (which account for nearly 25% of U.S. production), directing federal agencies to eliminate fossil fuel "subsidies," imposing tougher regulations on oil and gas methane emissions (which were first promulgated under President
Barack Obama and had been eased under President
Donald Trump), and hiring SEC regulators to prepare climate and ESG disclosure mandates.
Senior energy analyst at The PRICE Futures Group Phil Flynn argued that the stakes in the global oil market “have never been higher” as the war between Russia and Ukraine escalates and with the potential of a U.S. nuclear deal with Tehran.
www.foxbusiness.com