Much of that money has been transferred week after week from American producers to nations hostile to the U.S. and Israel.
WASHINGTON, D.C. (Texas Insider Report) — We've been warning regularly that Joe Biden's war on American fossil fuels is not just an economic calamity, but a national security threat as well. We have known for 50 years that terrorist organizations like Hamas are primarily financed with petro-dollars.
Just as Biden has aided and abetted the Russian war machine in Ukraine, he has enriched Middle East oil-producing nations like Iran as well.
Our latest Committee to Unleash Prosperity Analysis finds that the reduction in U.S. oil output under Biden from the Trump trend has cost the U.S. roughly $500 million a day. Much of that money has been transferred week after week from American producers to nations hostile to the U.S. and Israel.
So what's not missing after Biden's mandating such an unreasonable move to electric vehicles and away from domestic oil & gas development? Somewhere around 2 to 3 million barrels of U.S. Oil Each Day.
Its helped fund the very missiles being fired on Israel.
Biden’s “green energy" policy is weakening America – and strengthening our enemies, making the world a much more dangerous place.
