Expert: Biden Actions Against American Oil, Gas Energy Production Could Kill as Many as 1 Million Jobs
Watch the video from Ezra Levant below. Americans who work in the energy industry are in for the fight of their lives over the next four years. President Trump warned us that Joe Biden would relentlessly attack the energy industry if elected POTUS, because of the voting power that the far-Left environmentalists have in the Democrat Party. Joe Biden even admitted in the second presidential debate, that he would transition America from oil (here) if elected POTUS. Sadly, not enough Americans listened to Joe Biden’s statements. How can any rational American who works in the energy sector vote for this?
Expert: Biden Actions Against American Oil, Gas Energy Production Could Kill as Many as 1 Million Jobs
By Breitbart, January 24, 2021
Frank Macchiarola, senior vice president of Policy, Economics and Regulatory Affairs at the American Petroleum Institute (API), said in an interview on SiriusXM’s Breitbart News Saturday with host Matt Boyle that if President Joe Biden puts a permanent ban on oil and gas development on federal waters and land, it could cost 1 million American jobs.
Boyle asked Macchiarola about the significance of Biden revoking the permit for the Keystone XL Pipeline and putting a 60-day pause on federal land leasing in his first days in office.
“I think the first four days of the Biden Administration have given a clear picture of what the next four years could look like,” he said. “President Biden comes into office with a real economic headwind and a difficult labor market but at the same time he inherited an energy [landscape] that’s stronger because of America’s shale revolution.”
“We’ve produced lower household energy costs as a result of U.S. energy and less reliance on foreign energy sources,” Macchiarola added.
“The president has a choice to make: He can maintain U.S. leadership and maintain and support our economic recovery with American energy or he can pursue policies that destroy jobs and at the same time increase energy imports,” he further asserted.
“The first few days should concern all Americans because the administration is clearly taking actions that are going to harm the economy and cost Americans jobs,” Macchiarola said.
As Breitbart News reported, shutting down the Keystone XL pipeline will cost 11,000 jobs directly and as many as 60,000 indirect jobs.
The federal ban presents an even more staggering number, Macchiarola asserted.
“The full scale ban of development on federal lands you can bet the impact could be up to a million jobs in the United States,” he said.
The Keystone decision also affects our relationship with Canada and the U.S. economy.
“Two of the major components of the inauguration address and of the priorities of the new administration, No. 1 is rebuilding alliances and No. 2 strengthening our economy,” Macchiarola said. “With this decision that heads in the opposite direction on both of those priorities.”
It could also cost the U.S. $2 billion in wages, he said.
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