Political Quotes

“To say that Joe Biden is not the reason that supply is limited just doesn't match with the facts. Again, just 2 days ago, Joe Biden, not Putin, not the big oil companies, Joe Biden canceled oil and lease sales in the Gulf of Mexico. Joe Biden canceled lease sales in Alaska. Joe Biden, as a candidate--this isn't just some new development for Joe Biden--Joe Biden as a candidate for President of the United States said: ``No more drilling, including offshore. No ability for the oil industry to continue to drill. Period.'' That was Joe Biden as a candidate, and he didn't stop there. When he became President, on day one he started an attack on American energy. It is crystal clear why. Now, I am glad the gentleman is bragging about high production levels, but let's not think for a minute that Joe Biden is the reason we have production today. If you understand the oil and gas industry--I was just on a rig in the deep waters of the Gulf of Mexico 2 weeks ago, one of the largest-producing rigs in the Gulf. Do you know that rig got its first lease in 2002? It took about 10 years to get the first oil. They put private money--all private money; over $10 billion of private money--into developing those leases. There were many leases and permits along the way to finally get to the point where they could bring oil out of the ground, making money to pay back the $10-plus billion, to ultimately get to a point where they could produce over 130,000 barrels today.…”