For oil companies to make the necessary investments in increased production that the White House claims to want (at least for now), it will need some reassurance that the administration is not ready to turn on them the moment it can. The threats against, and the conspiracy theories about, the oil sector are unlikely to be providing that reassurance.
And now this (via Fox Business):
The president spoke at Sarah Lawrence College in Yonkers, touting his achievements in office and lambasting Republicans, particularly Hochul’s rival, Rep. Lee Zeldin.
While wrapping up the speech, a climate protester shouted something at Biden that made him seem visibly annoyed.
“No more drilling,” Biden said.
After the protester continued to shout at him, he shot back, sounding even more irritable: “There is no more drilling. I haven’t formed any new drilling.”
The protester could then be heard making objections to “offshore drilling” in the Antarctic and the Gulf of Mexico.
“That was before I was president. We’re trying to work on that to get that done,” Biden responded.
Quite why the oil companies don’t trust this administration remains a mystery.