On Sunday, The Epoch Times posted an article about the Biden administration’s efforts to lower the cost of gasoline in America.

The article reports:

President of Whaley Energy Consulting, Don Whaley, said the White House’s recent plan to bring down gas prices, while bold, lacks substance. He said invoking the Defense Production Act (DPA) and releasing oil from the national reserves is largely symbolic.

“So, this announcement, while it’s a bold step … I’m not sure how much substance there really is behind it. And more importantly, this is not like during World War Two, when we turned all our commercial production into military production,” Whaley told NTD’s Capitol Report during a recent interview.

The article concludes:

“I think we need to de-risk the oil and gas industry. This administration from day one has waged a subtle war on oil and gas exploration in the U.S. President Biden’s nominee for Comptroller of the Currency went on record saying that it was their goal to bankrupt oil and gas explorers,” Whaley added.

Whaley is referring to comments a former Biden’s nominee for Comptroller of Currency, Saule Omarova, made during a virtual Jain Family Institute’s Social Wealth Seminar in Februray 2022, when talking about coal, gas, and oil companies she said, “We want them to go bankrupt if we want to tackle climate change.”

“And whenever prices run up, we see upticks in exploration, upticks in production. It’s not safe to do that right now, because you don’t know what sort of regulatory barricade is coming around the corner. And so why would you invest those dollars in an unstable regulatory environment that’s been created by this administration,” said Whaley.

Investors invest in things that are stable. Right now because of the Biden administration’s war on fossil fuel (they deny that war, but the facts show the war on fossil fuel is real). Why would anyone invest in an oil company if they felt that the government was going to shut down the oil industry in the near future?

Please follow the link above to read the entire article. Common sense indicates that a lot of decisions currently being made by the Biden administration have more to do with the mid-term elections than the welfare of Americans.