As an alternative of taking steps to spice up U.S. oil and gasoline manufacturing amid skyrocketing costs and the warfare in Ukraine, President Biden is standing by his green-energy targets and blaming fossil-fuel corporations for the results. It will make immediately’s power issues even worse.
Although he campaigned on a promise to ban drilling on federal lands and waters, Mr. Biden’s administration now says oil corporations aren’t drilling sufficient. As an alternative of “doing their half,” the president claims, too many U.S. fossil-fuel corporations are “selecting to make extraordinary earnings and with out making extra funding with provide.”
