Follow Us

Top US oil exec warns Biden's energy policies are really 'Green New Deal lite'

The plunge in U.S. crude oil prices this week reverberated across global financial markets.

Dan Eberhart, CEO of Canary and energy industry commentator discusses the current climate between the Biden Administration’s energy policies and America’s current surge of oil and gas prices, saying it’s designed to shrink the supply and usher in “Green New Deal Lite”. Eberhart comments that this is a way for the “administration to reduce fossil fuel consumption in the long term”, commenting that it’s at “cost is higher energy costs for consumers”.

Just the News Spotlight