One of President Biden's top economic advisers was pressed Friday on his campaign pledge to go to war with the American oil industry as he now calls on them to produce more and self-reduce their "exorbitant profits." "I think we're going to be in a position where --" he began to conclude before first lady Jill Biden appeared, and he turned away. On the first day of his administration, he also ended the Keystone XL pipeline, which would have transported oil from Alberta, Canada to Port Arthur, Texas. BIDEN CALLED OUT OVER WARNING TO BIG OIL AS ENERGY SECRETARY EXERCISES STOCK OPTIONS"The policies that have led to that -- We have not built a new refinery in this country since 1970. Chevron said in a statement the Biden administration had been messaging its intent to place "obstacles" in the way of its mission to provide for global energy needs.

Source: Fox News June 18, 2022 03:05 UTC