The Destruction of America

Biden’s $500 Million Bet Against American Energy

Joe Biden is a criminal!

The Biden Administration announced that it is approving $500 million in financing for oil development in the Middle East. The funding will be directed primarily to Bahrain and comes as the U.S. braces for a new oil shortage by the end of next year.

The U.S. Export-Import Bank will be the vehicle for the payments designed to increase foreign oil and gas production. The payment will be five times the amount initially authorized by Congress and is the latest episode in Biden’s mission to destroy domestic energy production.

This funding follows the administration’s pattern of imposing stringent restrictions on domestic oil and gas production. The measures include the most restrictive offshore oil and gas leasing schedule in U.S. history and the cancellation of seven oil and gas leases in Alaska.

Additionally, the Biden Administration has attempted to remove millions of acres of federal lands from potential oil and gas development. This move contrasts sharply with the increase in U.S. oil production toward the end of 2023, primarily due to state and private land activities.

Biden, in three long years, has totally destroyed the United States economy...on purpose.

When is the next revolution?

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