Friday, April 19, 2024

Oil Industry Slams Biden’s “Misguided” Policy Agenda

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In a statement released earlier this week, American Petroleum Institute (API) President and CEO Mike Sommers had some harsh words for President Biden.

A key oil industry leader, Sommers said in a statement released by his organization that “the administration's misguided policy agenda shifting away from domestic oil and natural gas has compounded inflationary pressures and added headwinds to companies' daily efforts to meet growing energy needs while reducing emissions.”

Sommers also highlighted a letter that API sent to the Administration earlier this week, which lays out ten key propositions policymakers could take to restore America as a global energy leader, instead of forcing the to make deals with adversarial nations to supply the country with oil.

The group states that “Washington policymakers must confront the global mismatch between demand and supply that has driven higher fuel prices by supporting greater U.S. production.”

Biden is butting heads with the oil industry at a time when across the county are hitting historic record highs.

CBS reported earlier this week that “according to the American Automobile Association, average gas prices throughout the nation reached the highest recorded price on Tuesday at $5.01 per gallon. The average price is up $2 in comparison to last year.”

Biden seems to currently be looking abroad for solutions to America's energy crisis. The President has plans to visit in July.

ALN Staff
ALN Staff
ALN Staff is a dedicated group of liberty-minded professionals available 24/7 to keep you informed on the news that matters.

20 COMMENTS

  1. The left is stymying domestic oil production till socialism rules in th US when the government can then take over oil production and channel revenues to feed the socialist beast and line their own pockets. Any domestic oil pumped till the socialist take over is seen as lost future government revenues.

    • I want to see old Dementia Joe get to Those Arab countries that hate us on any form of transportation that doesn’t use fossil fuels!!!

  2. King Biden and his total anti American energy policy will be the end of the democrat party forever.

  3. My grandmother used to say: In any misguided situation..where a person is hell bent on having ones own way of doing things…even if it is extremely wrong….”Give em the rope!…they will hang themselves”…

    Mr. Biden is at the gallows!

    • Yes, the Dems will make him the scapegoat, but it is the whole Dem party that needs the gallows to fix today’s issues. Biden was merely the Trojan horse they used to get inside the gates. They all need to …

  4. The Democrat voters had their chance. They don’t even have a right to complain. when Lying Corrupt Quid Pro KING Joe was campaigning for POTUS out of his basement, what did Corrupt Quid Pro State? He is going to raise your taxes and kill Big oil and they voted for corrupt Quid Pro anyway, just to get rid of Trump. I hope they are satisfied, that it now costs at least $55.00 to fill up an 11 gal. tank. This massive hike in gasoline has been intentionally caused by Corrupt Quid Pro. Corrupt Quid Pro refuses to use America’s resources, just like he ignores the Southern Border. No amount of oil imported foreign oil from OPEC or Venezuela is going to bring down oil prices. WHY would imported oil be cheaper than American Oil, when that oil has to be transported to the U.S? It’s too bad jail sentences don’t go along with impeachment. Corrupt Quid Pro needs to be charged with Crimes against America for trying to intentionally destroy America, he also needs to be charged for using his political position for monetary gain. A stint in Club Fed would do corrupt Quid Pro well.

  5. These things would have never happened if the bidens did not take money from Russia and China,How mant lies and democrat BS does it take too start impeachment hearings? THIS IS WHAT WILL HAPPEN IMPEACHMENTS ARE COMING, Hunter Biden brags about his influence over Joe Biden, ARE COMMUNIST RUNNING OUR COUNTRY? impeach every asshole who broke his oath to our Country to protect and serve, replace them with those who love our country and are not looking to line their own pockets.

    • Replacing the current crop of politicians with those not interested in lining their own pockets…would leave D(izzy). C(ity). looking like a ghost town, and the edifices of government, bare.

  6. The Oil Industry is Killing the economy by its greed. We are seeing the same thing Now as the stunt they pulled during the Carter Administration. They have the Oil and have been selling much of it oversees to the highest bidder. Unfortunately Oil keeps the industry and transportation systems rolling. They Know it and are holding the American Public Hostage until they can Milk every dime from the American peoples and are willing to pay there inflated high price. They did it in Carters administration when they when they wanted the price at the pump to exceed $1 per Gal. It worked then and they are doing it again. The question Is What is there High Hostage Price today. There greed is destroying ALL the gain workers have strive to archive with higher wages. All the while the CEO’s and there Board of Directors fatten there bank accounts, much of it Un-Taxed and placed in off shore accounts.
    The American People Have to say Enough is Enough if Congress, who is raking in oil money daily, wont.

  7. Biden doesn’t care about having American Oil. He is trying his best to destroy everything there is to America. We would not have this problem now if he had not choice it. Gas was at a decent price when we were producing our own oil. He is a traitor and should not be in office, for he does not stand for the American people in any way.

  8. Biden is the dumbest, nastiest, unknowing, uncaring, hateful, disrespectful, disgraceful, evil idiot on God’s Great Earth.

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