Energy industry says Biden made US vulnerable to OPEC+ production cut: 'Prices are going to go up'

Multiple representatives for the U.S. energy industry told Fox News Digital that President Biden's policies are hurting American energy security.

Energy Workforce and Technology Council senior vice president of government relations Tim Tarpley told FOX Business that the uncertainty caused by the OPEC+ production cut could be "more important than the actual number of barrels of oil they are taking off the market" and could lead to price increases.A solution to that uncertainty, Tarpley said, is for the U.S. to step up its domestic production and reassure its allies.

Wesley Hunt, a Republican congressional candidate in a Houston-based district who associates himself closely with theAccording to energy industry representatives, President Biden's energy policies are to blame for the United States' vulnerability to supply reductions by OPEC+. "When you play stupid games, you win stupid prizes," Hunt told FOX Business. "We cut off the Keystone XL Pipeline. We're stifling our own growth. … And what's going to happen to us here is you're going to see prices go up."to add supply and its efforts to ask U.S. energy companies to cut their prices.

FJB

So Americans are mad because democratic countries have made a decision on what to do with their own natural resources?

Maybe Biden wanted too big a cut ✂️ on the profits.

Dear FoxBus: Could you post a video of Kirby (on Varney and CO) saying the energy transition would be 'painful'?

Biden has made us vulnerable in every way imaginable. N.Korea,Iran,& China no longer fear/respect us. He has reduced our military thru bogus vaccine mandates. He has given much of our weapons to Ukraine after leaving behind tons of weapons in Afganistan.Depleted oil reserve.

In the wonderful renewable energy future 50 years from now - we’ll still need oil and gas!

Amazing! There going to watch us bleed are oil reserves! Heaven help us if we have another hurricane in the Gulf of Mexico There probably laughing there asses off! Thank you Joe! You did this!

Stating the obvious

If only we were energy independent. Oh wait…🤔

President NumbNuts has made America Vulnerable on EVERY front. His FAILED policies open borders high inflation on food gas interest rates etc are HARMING AMERICANS. Period. He is Dangerous and the media is Complicit. 😡💯😡

Saudis have no respect for geriatric patients with dementia.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks waver as dollar eases, oil steadies on OPEC+ deal By ReutersStocks waver as dollar eases, oil steadies on OPEC+ deal The Fed should stop raising interest rates Fire him first otherwise he will definitely bring worldwide recession..!! Let's goooo!!!! Take all of my fun coupons
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

US oil industry mocks Biden after OPEC+ announces production cutsThe U.S. Oil & Gas Association on Wednesday suggested that President Biden is now forced to turn to the U.S. oil industry after tapping out strategic reserves and OPEC+ cut production. Oil effect everything in our daily lives. And we mock Saudi Arabia and Russia They the world by the ball's, and now they squeezing.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »