Why Biden Energy Policies Have Contributed to Surging Oil Prices
The Washington Times cites Director of the Center for Energy and Environment Myron Ebell on why the Biden Administration should change its stance on the oil and gas industry:
“Biden could go to the oil and gas industry and say, ‘OK, I’ve said we’re going to get off oil and gas and that you guys are yesterday’s industry, but I’m going to drop that,’” surmised Myron Ebell, the director of the Competitive Enterprise Institute’s Center for Energy and Environment. “Part of the run up in oil prices is the psychology of it,” he said.
Biden could say to the industry: “‘I need your help,’” Ebell said. But so far, it’s been crickets, according to oil executives who’ve been willing to speak out.