Array
President Joe Biden’s anti-drilling policies have cut oil supplies as much as the decision Wednesday by OPEC+ to slash two million barrels of oil production, an analysis by the Committee to Unleash Prosperity shows.
If former President Donald Trump’s energy policies would have been continued, American oil production would be four to five times greater than the amount of oil Biden has released from the Strategic Petroleum Reserve (SPR).
According to the study, Biden’s war on American energy will cost the United States nearly $100 billion in output every year, which translates to between two and three million barrels of oil a day, the same amount of production OPEC+ cut Wednesday.
