According to an energy advisor for Biden, the US Vice President plans on ending the use of oil completely. Joe Kernen, a CNBC host, asked him about Biden's statement about wanting to "end drilling." He said that this would keep companies from investing in the oil and gas industry.
CNBC: “What does [Biden] mean we're going to ‘end drilling?’”
Biden Energy Advisor Amos Hochstein: “Eventually we are – we’re going to be phasing out the use of oil.” pic.twitter.com/RjLmJ1jNpl
— RNC Research (@RNCResearch) November 30, 2022
Although Biden has said this before, I don't think it's a surprise that he plans on ending the use of oil completely. We don't always hear him or his lackeys make it happen.
Despite Biden's statements, Kernen's point is still valid. He said that this would discourage companies from investing in the oil and gas industry.
Despite his statements, Biden is still discouraging investment in the oil and gas industry. He also demands that companies spend more to get the prices back down.
The preceding is a summary of an article that originally appeared on Red State.