FOX Business' Stuart Varney discusses the impact of Biden's energy policy on gas prices as OPEC announces it will cut oil production by over a million barrels a day.
FOX Business host Stuart Varney argues the president's 'green dreams are turning into America’s energy nightmare' as he stays fully committed to his climate policies.as OPEC announces oil production cuts, arguing the president's policies just got "worse" as he's committed to the climate cause.It just got worse.
OPEC will cut oil production by over a million barrels a day. Now we can see the damage done when Biden ended America’s energy independence. Look at the price of oil today: straight up. In the Trump years, America was the world's largest oil producer, effectively pushing the price down. But to satisfy the climate crowd, Biden gave up that role. It’s not only a failure of energy policy. It’s a failure of foreign policy.
Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman talks at the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, United Arab Emirates, Monday, Oct. 31, 2022. Saudi Arabia and the United Arab Emirates defended on$3.50 a gallon, will be going higherThat means energy price inflation will likely pick up. That means your buying power will likely go down.
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