Biden administration report shows massive fossil fuel industry job losses

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Department of Energy released its annual energy job report showing massive year-over-year losses in the fossil fuel industry, but large gains in the clean energy sector.

Rep. Roger Williams, R-Texas, weighs in after French President Emmanuel Macron was caught on camera at the G7 telling President Biden that the UAE and Saudi Arabia say they can barely increase oil production.The Biden administration hassince taking office, canceling the Keystone XL pipeline, limiting oil and gas lease sales on public lands and pushing environmental regulations impacting fossil fuel project development.

"The American natural gas and oil industry is proud to support nearly 11 million U.S. jobs," an American Petroleum Institute spokesperson told Fox News in a statement. "While we have grappled with many of the same labor shortages that the rest of the U.S. economy is facing due to the pandemic, we have seen a slow but steady rebound in both drilling and oil & gas support service employment in 2022.

In 2021, the solar industry added 17,212 jobs, 5.4% year-over-year growth and the wind sector added 3,347 jobs, an increase of 2.9% compared to 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Duh

No 💩

It's unfortunate that politicians are trying to make engineering decisions. Politicians do not understand energy requirements for a healthy US economy. As a result, our economy will overrun by China who will take advantage of this foolishness.

Many businesses will close permanently, start with the gas stations.

Now cut the same amount of Federal Government jobs….

Thanks Joke Biden

Where’s all those high paying solar panel jobs?!

Biden is doing everything he can to destroy the US oil & gas industry. He’s lying and he knows he’s lying. He and dems don’t care how much destruction they cause in food shortages and runaway inflation around the world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines