This is absolutely insane!
If you didn’t think President Biden and the Democrats have waged an all out WAR on American oil, think again!
President Biden along with Vice President Kamala Harris have now attempted to break American oil companies by increasing the cost oil leasing on American land by a whopping rate!
Gas prices are already at a record high in America, this move by Biden is sure to make them climb even higher.
According to the Washington Post, Biden has urged Congress to raise the cost of oil leases on government lands from 12.50 percent to 18.75 percent.
In an 18-page report, Biden’s administration called the federal oil and gas leasing program outdated and insisted that it, “fails to provide a fair return to taxpayers, even before factoring in the resulting climate-related costs.”
“The direct and indirect impacts associated with oil and gas development on our nation’s land, water, wildlife, and the health and security of communities — particularly communities of color, who bear a disproportionate burden of pollution — merit a fundamental rebalancing of the federal oil and gas program,” the report went on to say.
This move by Biden will raise gas prices indefinitely and be the complete opposite of his recent statements promising to do everything in his power to lower gas prices for Americans.
This move along with the current skyrocketing inflation rate and supply chain crisis will spell disaster for America.