“It’s simply not true that my . . . policies are holding back domestic energy production. . . Even amid the pandemic, companies in the United States pumped more oil during my first year in office than they did during my predecessor’s first year.”
– President Joe Biden, March 8
We say: Never buy a used car from this guy. He openly declared war on fossil fuels, killing the Keystone XL pipeline, freezing drilling permits and pushing taxes and regulations on the industry. Yet now he claims he hasn’t held up energy production?
As for his comparison of oil pumped in his first year vs. President Donald Trump’s, it’s technically true but horribly misleading: The US produced 9.4 million barrels a day of crude oil in 2017, vs. 11.2 million in 2021.
Yet by 2019, under Trump, production hit 12.3 million barrels and likely would’ve climbed more absent COVID. Even at the height of the pandemic in 2020, production under Trump, at 11.3 million barrels, topped Biden’s first year.