After the White House claimed that U.S. oil producers have "plenty of opportunities" to drill domestically, some executives are slamming the administration’s "completely inaccurate," "flat-out lie."
"We've basically tracked about 125 specific actions that this administration and the Democratic Congress have done to slow down or stop oil production in America," American Energy Alliance President Tom Pyle said on "Varney & Co." Tuesday. "He has an 'America last' energy policy."
When asked by Fox News correspondent Peter Doocy why President Biden "would rather let U.S. companies drill for oil in Venezuela than here in the U.S." Monday, NSC Strategic Communication Coordinator John Kirby defended easing oil sanctions against Venezuela, saying that there are plenty of untapped opportunities for companies to drill in the United States.
On Saturday, the Treasury Department announced its decision to allow California-based Chevron to resume "limited" energy production in Venezuela after years of sanctions that have dramatically curtailed oil and gas profits that have flowed to Maduro’s government.
In response, United Refining Company Chairman and CEO John Catsimatidis also told host Ashley Webster on Tuesday that the move "makes no sense at all," after noting that Canada has the ability to export an additional 1 million barrels of crude oil per day to the U.S.
Pyle explained why the Biden administration may prefer to get oil from Iraq, Saudi Arabia and Venezuela, as opposed to Texas, New Mexico and North Dakota.
"He simply wants to placate his big donors who don't want to see fossil fuels produced in this country," Pyle said. "And meanwhile, we're all hurting, and will continue to hurt under these policies."
The American Energy Alliance president also warned about the environmental and economic consequences of foreign oil sources.
"Production in Venezuela has decimated the industry, because of Maduro and his socialist policies," Pyle noted. "They don't produce oil and gas as clean as we do here. Their oil is worse for the environment than our oil. It's not about the climate. It's about an agenda where they do not want these resources... in this country."Pyle explained why the Biden administration may prefer to get oil from Iraq, Saudi Arabia and Venezuela, as opposed to Texas, New Mexico and North Dakota.
"He simply wants to placate his big donors who don't want to see fossil fuels produced in this country," Pyle said. "And meanwhile, we're all hurting, and will continue to hurt under these policies."
The American Energy Alliance president also warned about the environmental and economic consequences of foreign oil sources.
"Production in Venezuela has decimated the industry, because of Maduro and his socialist policies," Pyle noted. "They don't produce oil and gas as clean as we do here. Their oil is worse for the environment than our oil. It's not about the climate. It's about an agenda where they do not want these resources... in this country."
https://www.foxbusiness.com/energy/oil-execs-rip-biden-admins-completely-inaccurate-flat-out-lie-us-energy-productionBlocking domestic energy production kills jobs in red states like Texas, Louisiana, Alaska, North Dakota, and Oklahoma.