Sunday, July 11, 2021

President Biden on High Gas Prices

Biden Responds to Skyrocketing Gas Prices By Vowing to Raise Taxes on Oil Companies

On his first day in office, he waved a wand and made the Keystone XL Pipeline go away. Another wand seems to be stuck at the moment; while the administration tried banning new oil and gas leases on federal lands and waters, that move was struck down by a judge last month.

The irony is that as the Biden administration looks to diminish our own capacity to produce energy, it has been encouraging OPEC nations to increase theirs.

Scroll to 4:00 to hear Joe Biden who says, "America's back!"

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