Biden has attacked the energy industry since his campaign. On his first day in office, he shut down drilling on federal lands, along with the plans for the Keystone Pipeline. Even recently, amid the skyrocketing gas prices, he was still stopping drilling and canceling leases.
Yet, he blames the oil companies, yelling at them for not producing more and threatening them with action. It’s a sociopathic energy approach — attacking them, then demanding they produce more, while also saying they’re going to be phased out at the same time. What kind of business would or could operate under those unstable strictures? Only people that want to risk their shirt in what is already a pretty risky arena. It’s also not the way our country operates — the government doesn’t dictate what to produce to private industry and punish them if they don’t. That’s what happens in Communist and fascist nations.
The Chevron CEO has delivered a brilliant letter that just levels Biden.
Chevron and its 37,000 employees work every day to help provide the world with the energy it demands and to lift up the lives of billions of people who rely on these supplies. Notwithstanding these efforts, your Administration has largely sought to criticize, and at times vilify, our industry. These actions are not beneficial to meeting the challenges we face and are not what the American people deserve.
While today’s geopolitical situation is contributing to this energy crisis, bringing prices down and increasing supply will require a change in approach. You have called on our industry to increase energy production. We agree. Let’s work together. The U.S. energy sector needs cooperation and support from your Administration for our country to return to a path toward greater energy security, economic prosperity, and environmental protection.
We need clarity and consistency on policy matters ranging from leases and permits on federal lands, to the ability to permit and build critical infrastructure, to the proper role of regulation that considers both costs and benefits. Many of these elements are described in our industry’s recently released 10-point plan. Most importantly, we need an honest dialogue on how to best balance energy, economic, and environmental objectives – one that recognizes our industry is a vital sector of the U.S. economy and is essential to our national security.
Chevron’s letter recognizes the importance of the nation’s needs, our national security, and the American people.
Joe Biden’s response? Not so much.
REPORTER: "The Chevron CEO […] said that your administration has largely criticized the oil & gas industry & […] would need to take a change in approach in order to make progress in reducing energy prices."
BIDEN: "I didn't know they'd get their feelings hurt that quickly." pic.twitter.com/CnqiTb9wzw
— Breaking911 (@Breaking911) June 21, 2022