Biden Gives Green Light to $8 Billion Alaska Drilling Project


This week, the Biden administration officially approved one of the largest ever drilling projects on federal land. They want to go up to Alaska and get 600 million barrels worth of crude. This would be an Alaska's north slope. I guess this means he didn't really mean what he said back when he said no new drilling projects. I remember that. Do you remember that? In fact, he was on stage with Bernie Sanders and they were debating and I quote, he said, no drilling on federal lands. Number one, no more subsidies for fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill. Period ends. So much for that. He did an interview with The Daily Show trying to justify all this. Well, first of all, we're going to fashion anyone's ever gone. We're going to need fossil fuels for at least the next ten years. It's not like tomorrow. We can turn it all off. Okay. Number one. And so we're going to need fossil fuel. But we have to do is we have to I've said no more drilling off our ocean. I mean, a whole range, but it still has to be there has to be the ability to generate some energy. I mean, I don't even know what to say. Other than Joe Biden has grown up. Joe Biden has become an adult. I mean, it took him until he was 80, but he's now officially an adult. He recognizes the EIT and wave a magic wand and suddenly have a whole EV economy.

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