Biden's absurd energy policy

 The Telegraph:

Biden would sooner kneel before dictators for oil than let America produce its own

It sometimes seems as if the Biden White House actually loves oil: but only if it is produced in other countries run by despots. While the President and his energy secretary, Jennifer Granholm, frequently repeat their desire to close down the US oil and gas industry in just a decade, the President and his appointees have no aversion to entering into deals enabling countries like Iran and Venezuela to pour more of their own oil onto the open market.

From a recent low of just 450,000 barrels of oil exports per day just a year ago, Iran was able to export about 2.2 million bopd in August according to Bloomberg. That increase is the result of the quiet decision by the US to ease off enforcement of its sanctions on Iranian exports starting late last year.

Just this past week, the White House entered into an agreement enabling the Venezuelan government of Nicolas Maduro to ramp up its own oil exports in exchange for Maduro’s promise to allow free elections to take place next year. That move brought criticism from fellow Democrat Joe Manchin, who chairs the Senate Energy Committee:

“On the heels of announcing the smallest five-year offshore oil and gas leasing plan in decades, this administration is turning to Venezuela … one of the world’s dirtiest energy producers and an oppressor of its own people,” Manchin said Thursday.

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While American oil is probably cleaner and not as much of it is burned just getting it to market Biden would rather import oil than have the US provide all its own energy which was the goal of the Trump administration.  It is a policy that makes zero sense any way you look at it. 

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