Peter Doocy Nails WH in a Lie and Complete Contradiction on Inflation, Oil Production
By Nick Arama | Jun 16, 2022 4:45 PM ET
At this point, our gas prices are skyrocketing to the moon, while Joe Biden and his team seem to have no idea what they are doing from one minute to the next, as their positions contradict each other.
Biden sent energy companies a threatening letter demanding that they produce more oil and suggesting consequences if they did not comply. Shades of a communist government. Exxon responded back, essentially saying that he had no idea what he was talking about — it was a very polite, “you’re full of it.” They said that they kept producing through the pandemic, even though they lost billions in the process. But that the real answer is consistent government policy that allows for stable growth — the opposite of what Biden has done.
Specific to refining capacity in the U.S., we’ve been investing through the downturn to increase refining capacity to process U.S. light crude by about 250,000 barrels per day – the equivalent of adding a new medium-sized refinery. We kept investing even during the pandemic, when we lost more than $20 billion and had to borrow more than $30 billion to maintain investment to increase capacity to be ready for post-pandemic demand.
In the short term, the U.S. government could enact measures often used in emergencies following hurricanes or other supply disruptions — such as waivers of Jones Act provisions and some fuel specifications to increase supplies. Longer term, government can promote investment through clear and consistent policy that supports U.S. resource development, such as regular and predictable lease sales, as well as streamlined regulatory approval and support for infrastructure such as pipelines.
Now, we already noted that Biden’s climate czar John Kerry wasn’t on the same page, claiming that there was no need to drill more.
On Wednesday, White House Press Secretary Karine Jean-Pierre attacked the oil companies for not producing enough — telling them to “stop blaming the war” — which is ironic, given that’s all that Joe Biden does. She demanded that they be “patriotic” and come up with more.
But on Thursday, when Fox’s Peter Doocy asked Jean-Pierre if this meant that the Biden team was backing off their stated goal of ending fossil fuels, she said no. They were still intent on stopping fossil fuels, and that they “don’t need” to drill.
https://twitter.com/CurtisHouck/status/1537477224173019136more
https://redstate.com/nick-arama/2022/06/16/peter-doocy-nails-wh-in-a-lie-and-complete-contradiction-on-inflation-oil-production-n579457
