Whose Economy Was Better?
Biden Begs For More Drilling
From the moment President Biden has stepped into office he has said that he wants to reduce oil drilling here in the United States in hopes of pursing green energy.
Now, it appears that Biden will have to do the exact opposite and will need oil drillers to begin drilling for more oil right here in the U.S.A. so Biden can refill the strategic oil reserves that he emptied.
According to Bloomberg, S&P Global Inc. Vice Chairman Dan Yergin explained that the Biden Administration who wanted to decrease U.S. oil production have now changed their view point on the matter.
Currently, U.S. crude production is expected to grow anywhere from 600,000 and 1 million barrels a day this year alone. That makes it the biggest increase of any country in the world.
Yergin explained, “That increase of one million barrels per day would match what is happening in Russia where the production is down one million barrels per day,”
It seems like Biden can’t even keep the left happy.