Biden Energy Plan or lack there of - Feb 9

[dan_s]

Joe Biden only hates oil and gas because he doesn't understand them. Washington Examiner. Opinion.
In a particularly weird passage of his uninspiring State of the Union address, President Joe Biden went off script and, in contravention of his administration's policy, called for more oil and gas to be extracted from the earth. "Have you noticed Big Oil just reported its profits? Record profits," Biden said disparagingly. "Last year, they made $200 billion in the midst of a global energy crisis. ... Why? They invested too little of that profit to increase domestic production." Biden proceeded to argue that the United States needs to pump more crude out of the ground. Perhaps sensing the bizarre contradiction between this and his administration's oil and gas policies, he then went off script with this: "And when I talked to a couple of them, they say, 'We’re afraid you’re going to shut down all the oil wells and all the oil refineries anyway, so why should we invest in them?' I said, 'We’re going to need oil for at least another decade.' And that’s going to exceed—"