Biden Policy Creates Brand New Oil Disaster in Latin America - Good Luck Blaming Putin

Gustavo Petro just won the election in Colombia and his election marks a historical shift in Latin America as he becomes the first leftist president of Colombia, the New York Times reported.

Colombia has been a crucial ally to the U.S. in Latin America and the Biden administration particularly relied on the now outgoing President Iván Duque.

Biden promised during his campaign that he would be "Banning new oil and gas permitting on public lands and waters" in the U.S. President Biden even took it one step further, demanding that fossil fuel subsidies should be banned worldwide.

"The Department of State announced scaled-up technical assistance to countries participating in the Renewable Energy for Latin America and the Caribbean initiative, a regional effort led by Colombia, Chile, and Costa Rica to increase renewable energy capacity to at least 70 percent by 2030," a summary of the summit read. Now, Petro is simply following Biden's policy lead for climate change and green energy.

In the midst of the current oil crisis and the soaring gas prices, the U.S. has been relying on foreign oil imports like Colombia's.

Losing Colombian oil has the potential to make the current oil and gas crisis in the U.S. even worse.

If the U.S. loses Colombian oil, Biden will have himself to blame for his overly zealous push for green energy all around the globe and particularly in Latin America.

https://thefederalistpapers.org/us/biden-policy-creates-brand-new-oil-disaster-latin-america-good-luck-blaming-putin