Thune: Senate Republicans to Overturn Biden Administration Anti-Energy Regulations
“[T]he American people called for a new direction this past November, and the Trump administration and the Republican majorities in Congress have wasted no time getting to work to provide relief from burdensome regulations, especially when it comes to energy.”
WASHINGTON — U.S. Senate Majority Leader John Thune (R-S.D.) today delivered the following remarks on the Senate floor:
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The Saudis are going to increase production and cut costs. The US oil industry will remain stagnant. A majority of producers in the Bakken are laying people off. The general public are morons when it comes to understanding oil production so I get why Thune provides these statements with little to back it up. They will kill domestic production if they attempt to drive prices lower than the market can handle.
And don’t forget all of this is happening in an active Trade War. Is there anyone in the White House that has any sort of economic sense?
The late T Boone Pickens if he was alive, would say Senator Trune is still using the failed oil economics that plays into OPEC’s hands time and time again.
That’s OK though, Trump is hitting us all with this failed tariff plan he bought into back in 1988, when even the great Milton Friedman was the GOP conservative guru leading the move away from tariffs of any sort. Why listen to Friedman?
Biden this, Biden that.
Senile orange man is single handedly destroying the economy and yet we still get this.
Is it me or is Goon looking a little haggard?