Report: Biden has Taken over 200 Actions Against U.S. Oil

Oil Drilling

President Joe Biden and his administration have taken over 200 actions against the U.S. oil and natural gas industry as energy prices have gone up, according to a new report. 

“President Biden and Democrats have a plan for American energy: make it harder to produce and more expensive to purchase,” the Institute for Energy Research states in a new report. “Since Mr. Biden took office, his administration and its allies have taken over 200 actions deliberately designed to make it harder to produce energy here in America.”

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House GOP Probes Biden Administration’s Opening of Public Lands to Potential Foreign Ownership

Republicans on the House Natural Resources Committee have launched an investigation of the Biden Administration’s proposal to open public lands to private ownership, which includes the possibility of foreigners buying such land.

According to Fox News, the effort is being led by Chairman Bruce Westerman (R-Ark.), who informed the Securities and Exchange Commission (SEC) of the investigation’s launch. The proposed rule change from the SEC would allow for a new type of public company, referred to as Natural Asset Companies (NACs), to trade on the New York Stock Exchange (NYSE).

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