Granholm: We Want Oil and Gas Companies 'to Diversify' to Produce Clean Energy

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Who cares what you want. Shouldn't the people decide with their wallets? Isn't that what's known as a FREE market?

On Wednesday’s broadcast of CNN’s “New Day,” Energy Secretary Jennifer Granholm stated that the Biden administration wants oil and gas companies to increase production now but also to “become diversified energy companies, to be able to produce other means of clean energy.”

Co-host John Berman asked, “Do you want five years from now, ten years from now, are you telling me you want them drilling for more oil, you want the refineries putting out more gasoline in five or ten years?” Granholm answered, “What we’re saying is today, we need that supply increased. Of course, in five or ten years — actually, in the immediate, we are also pressing on the accelerator, if you will, to move toward clean energy so that we don’t have to be under the thumb of petro-dictators like Putin or at the whim of the volatility of fossil fuels. Ultimately, America will be most secure when we can rely upon our own clean domestic production of energy through solar, through wind –.

Berman then cut in to ask, “But that’s the problem for these companies. These companies are saying. You’re asking me to do more now, invest more now, when in fact, five or ten years from now, we don’t think that demand will be there, and the administration doesn’t even necessarily want it to be there. Just one last question on Saudi Arabia, the president is going to Saudi Arabia, where we understand he will be meeting with the Crown Prince Mohammed bin Salman.

Granholm responded, “No, there’s no promise beforehand. He’s — no, there’s not. And let me just say, John, we really want to see us move to clean energy, but we also need to see this increase right now, and we are asking the oil and gas companies as well to diversify and make sure that part of the — that they become diversified energy companies, to be able to produce other means of clean energy.

 

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just hurting american citizens as usual

MrNobod25302774 She was saying she hopes they survive the shift to alternative energy.

The People want Granholm to diversify to a different job.

So you acknowledge that the president has no ability to affect gas prices, it is in fact the free market principle’s of price discovery. Thanks for finally admitting it.

Getting closer and closer to outright fascism.

She might be the worst Secretary, and there is so much horrible competition, that's almost impressive.

Then let them build new refineries you clowns no nothing about but constantly being sued by liberal nut lawyers and get out of there way can’t have both ways

Diversify ... to what lady

'Diversify' in this context means either we put their people in the organization like CCP does in China or else they will do their best to destroy the industry.

lowder_ja

Because voting with their wallets has worked so well that we're paying $7 for gas.

Nope

If it were that easy and they could make more money with green energy, we would all be using nothing but green energy already. It's not easy. it's not efficient. It only survives because of subsidies and does more damage to the earth in the long run than fossil fuels.

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