Pompeo explains Biden's energy screw-up
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“You could have predicted this. The moment you said we’re going to shut down American energy, we’re not going to have leases – not only in Alaska but on federal land – the moment you made it somehow feel icky to be a participant in the fossil fuels supply chain you knew these prices were going to come,” Pompeo said. “It will have enormous implications for the American economy.”
The former secretary of state added that the nation’s energy problems are due to political decisions rather than a lack of oil or other resources.
“The American leadership, Joe Biden, made the political decision to shut in American energy when we were nearly energy independent and he said don’t loan to them, don’t buy their stock, don’t bank for them, don’t talk to them, don’t deal with them,” Pompeo told host John Catsimatidis. “He shut them all in, as if the internal combustion engine was no longer necessary.”
Pompeo warned that the shortages Americans are currently facing could extend far beyond the current baby formula shortages impacting many parts of the nation.
“This is a real tragedy and we’re very likely to face shortages that go far beyond just the one we’re seeing today in baby formula,” he noted.
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Democrats and their Big Green agenda are responsible for the energy problem. Voters should be reminded of that screw-up every time they go by a gas station. It is idiotic to shut down US energy operations and then import oil at a greater cost. It also demonstrates a strategic failure that was exposed by Russia. Biden's policies drove up the price of oil that funded Russian aggression in Ukraine and led to even higher domestic prices when sanctions were imposed on Russia. The compounded stupidity of the Biden energy policy is unforgivable.
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