Joe Biden Ruined the Energy Sector (Guest: Phil Kerpin)
Since Biden took office, gasoline prices have more than doubled, general energy prices are up more than 32 percent, and American's are spending ridiculous amounts on food and fuel.
Since President Joe Biden took office, gasoline prices have more than doubled, general energy prices are up more than 32 percent, and American's are spending hundreds of dollars more than usual each month on food and fuel. Rising costs are a direct result of the Biden administration's collusion with woke corporate leaders to impose restrictive climate policies. And unfortunately, it’s going to get worse before it gets better.
President Biden and the Democrats seem intent on doubling down rather than reversing their climate policies. The plan of blaming oil companies for the high prices is falling on deaf ears. Biden’s policies proposed to punish oil companies for making a profit will lead to increased costs and reduced supply.