Our soon-to-no-longer-be resident Brandon gave America another kick in the groin by banning oil and gas drilling before leaving office.
And with less than two weeks to go, we wonder what other damage he will inflict on America as a parting shot.
Dementia Joe has spent his entire term undermining the American economy, beginning with the energy sector.
He revoked the Keystone XL pipeline deal on day one, and at the eleventh hour, he is marking his exit with one last blow to American energy.
This is an outright mean-spirited action to keep Donald Trump from permitting new oil and natural gas leases.
As a result, offshore drilling in federal waters along the East and West coasts of the US, eastern Gulf of Mexico, and portions of the northern Bering Sea in Alaska are now forbidden.
Adding insult to injury, this is a last-ditch effort to prevent incoming President-Elect Trump from reversing everything O’Biden did that made America dependent on foreign energy.
“Joe Biden clearly wants high gas prices to be his legacy,”
Karoline Leavitt, a spokesperson for Trump, posted on X.
Kick in the Groin
In addition to hurting our economy, this political stunt will cost American jobs and cause trouble for Trump, who has stated that energy independence is a top priority.
“Suspending leases in Alaska’s 1002 Area is in direct conflict with the 2017 Tax Cuts and Jobs Act, through which Congress mandates an oil and gas leasing program be established on the non-wilderness Coastal Plain, and ordered at least two lease sales by 2024.,” Alaskan Senator Lisa Murkowski stated.
Let us remind you how, during his presidency, O’Biden nearly depleted America’s petroleum reserves.
And he begged foreign nations to increase their supply as he forced America to purchase that oil at a markup.
The war in Ukraine only amplified the energy crisis as global demand skyrocketed. Yet he refused to back away from the climate change agenda even if that meant suffocating the American economy.
What a legacy, indeed.
Unfortunately for us, demand for oil has not waned.
And America must import oil if it cannot produce its own.
Translation: You will pay more at the pump, and everything else related to energy thanks to the petty grievances of a Dementia ridden old man who sold out his country long ago.
Ironically (or NOT) these actions reinforce our stance on commodity stocks (especially oil and gas) to Learn How to Thrive in 2025.
Read more about it (HERE).
And share this with a friend…especially if they voted for the absolute worst president in the history of America. They’ll thank YOU later.
And tell them:
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