Timothy Puko of The Wall Street Journal reports on the Biden administration’s relationship with the oil industry.
- As gasoline prices and inflation increase, the Biden administration is looking to the oil industry to reduce costs for consumers.
- The relationship between the Biden administration and America’s oil companies has been damaged by the administration’s permit revokal for the Keystone Pipeline and its calls on OPEC to drill more oil.
- To reduce rising energy costs the Biden administration should empower the private sector and American energy producers by reducing government-imposed barriers that hinder production.
Read the full article here.