Monday, April 4, 2022

It's Time to End Biden's War on Fossil Fuels

"I guarantee you, we are going to end fossil fuel," said then-candidate Joe Biden, declaring war on domestic energy producers.

Our energy exports reached an all-time high, marking the first time in 67 years that America's annual gross energy exports exceeded our imports.

Now, because of the Biden administration's energy agenda, the U.S. produces just 11.5 million barrels a day - more than a 10 percent decline.

That's why I've unveiled a comprehensive energy plan to increase gas and oil production by lifting restrictions and encouraging investment in domestic energy sources.

The U.S. should also make it easier for energy companies to grow by extending 100 percent immediate expensing for new capital purchases permanently, a tax provision that begins to phrase out at the end of this year.

An energy independence strategy also requires investment in nuclear energy, an alternative to coal, oil and gas.

We need to end Biden's war against domestic energy producers and work toward achieving energy independence for the benefit of all Americans.

https://townhall.com/capitol-voices/repvernbuchanan/2022/04/04/its-time-to-end-bidens-war-on-fossil-fuels-n2605373 

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