More Oil Industry Heads Blast Biden For Threats And Blame Over Energy Crisis

More Oil Industry Heads Blast Biden For Threats And Blame Over Energy Crisis

“Following on your campaign promise to ‘end fossil fuel,’ consider just some of the policy and investment signals being sent to the market about our refining industry.”

Steve Watson

Following Exxon Mobil’s scathing response to Joe Biden’s threat to use “emergency authorities” against oil companies to make them produce more fuel, more industry leaders have issued equally damning come backs.

As we noted [earlier in the week], after spending two years vowing and acting to shut down the production of fossil fuel energy, Biden is now imploring the companies to ramp up output.

Biden accused the companies of worsening the energy crisis by not doing enough and of exploiting Americans, while the White House proclaimed oil companies are not doing their “patriotic duty.”

Exxon Mobil blasted Biden’s attempt to blame them for his own failing energy policies, noting “We have been in regular contact with the administration to update the president and his staff on how ExxonMobil has been investing more than any other company to develop U.S. oil and gas supplies.”

Overnight, Chevron chimed in issuing a statement noting “We understand the significant concerns around higher fuel prices currently faced by consumers around the country, and the world. We share these concerns, and expect the Administration’s approach to energy policy will start to better reflect the importance of addressing them.”

The company added “Unfortunately, what we have seen since January 2021 are policies that send a message that the Administration aims to impose obstacles to our industry delivering energy resources the world needs.”

In addition, the American Petroleum Institute and American Fuel & Petrochemical penned a joint letter in response to Biden, noting that “Refiners do not make multi-billion-dollar investments based on short-term returns,” further explaining that “They look at long-term supply and demand fundamentals and make investments as appropriate.”

“To that end, following on your campaign promise to ‘end fossil fuel,’ consider just some of the policy and investment signals being sent by various federal agencies and allied state governments to the market about our refining industry,” the joint letter continued.

“The timing and reasons for shutdowns of several refineries, including the Philadelphia Energy Solutions and Shell Convent refineries, were primarily due to lack of buyers willing to continue operating the facilities as petroleum refineries given growing rhetoric about the long-term viability of the industry,” the letter further noted.

In other words, Biden’s own promise to shut down their industry is to blame for downward trending production.

When asked Thursday By Peter Doocy if the push to end fossil fuels is now off the table, the White House Press Secretary said ‘no’:

Doocy also nailed Jean-Pierre to another Biden administration lie about inflation and fuel prices:

Meanwhile, Biden is attempting to cosy up to Saudi Arabia for oil, while ensuring that the Russian oligarchs his family previously did big business with are exempt from sanctions.


(TLB) published this article from Summit News as compiled and written by Steve Watson

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1 Comment on More Oil Industry Heads Blast Biden For Threats And Blame Over Energy Crisis

  1. More lies from the Xiden Administration – AND Big Oil… As Big Oil is all in for the Great Reset – and of course, so is the Xiden Admin – they’ll be just about the only energy game in town, as they’ve just about captured Big Coal and nuclear via asset management firms and other means.

    This is all theater.

    The REAL goal of the Xiden Regime – the Great Rest with utter enslavement of the population. The somewhat near-term goal – gov’t capture of ALL major industries – fascism. To do so publicly requires “extraordinary” means – what better way than to “declare” an “emergency” of some type(s)??? Like we just saw re. baby formula. Oh, and an opportune “emergency” would also allow them to call off November 2022 elections.

    Tao – or rather, several – birds with one stone.

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