Schumer Calls to Release Oil Reserves and Then to Kill Off US Oil, Gas and Coal

Schumer Calls to Release Oil Reserves and Then to Kill Off US Oil, Gas and Coal.

This has been their plan all along. Destroy the US Oil, Gas and Coal industry.

ABC NEWS October 23, 2020

Former Vice President Joe Biden and his campaign are looking to clarify Biden’s comments saying he would have the country "transition from the oil industry" when asked by President Donald Trump if he would "close down the oil industry" during the final presidential debate Thursday night.

"It has to be replaced by renewable energy over time, over time. And I'd stop giving to the oil industry. I’d stop giving them federal subsidies," Biden said during the debate.

Huffpost January 28, 2021

As part of his sweep of executive orders on climate change Wednesday, President Joe Biden directed his federal agencies to “eliminate fossil fuel subsidies as consistent with applicable law.” 

The mandate made good on a campaign promise to cut off the bountiful federal benefits oil, gas and coal companies have received for generations, topping $15 billion a year alone in direct subsidies and tax incentives to fossil fuel producers.

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