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Hint: No, it's not 'corporate greed'
The Biden administration has been accusing oil producers of refusing to expand operations to help offset skyrocketing gas prices. On Wednesday, President Joe Biden even wrote a letter to seven major U.S. oil refiners, essentially saying that the administration is prepared to use emergency orders to force companies into compliance if their "greed" just doesn't stop.
"Your companies need to work with my Administration to bring forward concrete, near-term solutions that address the crisis,” Biden wrote. The letter went on to accuse refineries of capitalizing on the war between Russia and Ukraine, gleaning record-high profits while Americans suffer record-high pain at the pump.
But no matter how he tries to convince you otherwise, President Joe Biden isn't trying to bring down gas prices. In fact, he's doing just the opposite, Glenn Beck said on the radio program Thursday.
"Why aren't the oil companies putting more oil out? Well, they're a couple of reasons. And none of those have to do with Joe Biden. None of them, even though it was Joe Biden that said, when he was running [for president] that he was going to put oil out of business."
Glenn first played a clip of then-candidate Biden saying, "No more drilling on federal lands. No more drilling including offshore. No ability for the oil industry to continue to drill, period."
The next clip had White House press secretary Karine Jean-Pierre shifting the blame for high gas prices from Russia's war with Ukraine to U.S. oil refineries.
"We want you to act. It's time to act," Jean-Pierre said, addressing U.S. oil companies. "We have done our part, with the strategic oil reserve. We are calling on them to do the right thing, to be patriots here. And to not use the war as an excuse or as a reason to not put -- to not put out a production, to not do the capacity that is needed there."
A third clip showed Biden’s climate envoy John Kerry saying in no uncertain terms that the U.S. “absolutely" does not need to drill for more oil and gas, during a talk with the USC Center for Public Diplomacy
The Biden administration has made it clear that insanely high gas prices are all part of the plan to eliminate fossil fuels. But the problem doesn't stop there. The ESG war against oil industries is being waged across the world.
Glenn read an op-ed from Vivek Ramaswamy that explains how BlackRock is manipulating corporations like Exxon to decrease oil production, while Americans continue to suffer majorly at the pump.
Watch the video clip below to hear Glenn break it all down. Can't watch? Download the podcast here.
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