Billionaire oil CEO says Democrats are ‘starting to recognize’ the green energy push is ‘all a fallacy’
Story by Kristen Altus • 16h
Democrats starting to recognize the green energy agenda is 'not going to work': John Catsimatidis
With Kamala Harris doing a 180 on her administration’s oil production and fracking stance, one industry leader explained why many Democrats are changing their tune on the topic.
"They know we need fossil fuel energy. It's going to be prevalent all the way to 2050, 2060 and beyond," United Refining Company Chairman and CEO John Catsimatidis said on "Varney & Co." Wednesday.
"[Democrats] are starting to recognize… fossil fuel energy is not made by dinosaurs. That's all a fallacy. The planet Earth makes crude oil," he continued, "to liquefy it. And that's the truth. It's not fossil fuels."
According to a report, Vice President Harris no longer supports a fracking ban, in a change in her stance during the last presidential election, her campaign said on Friday.
https://www.msn.com/en-us/money/markets/billionaire-oil-ceo-says-democrats-are-starting-to-recognize-the-green-energy-push-is-all-a-fallacy/ar-BB1qYncN?ocid=widgetonlockscreen&cvid=ff56466d83ae4cb98a37a065b159465f&ei=84