Opinion | The Strange Outcomes of Biden's War on Fossil Fuels - The Wall Street Journal
The Strange Outcomes of Biden’s War on Fossil Fuels - WSJ
Sept. 19, 2023 12:59 pm ET
Regarding your editorial “ Biden Freezes U.S. Arctic Oil” (Sept. 8): One can forget that President Biden’s war on fossil fuels hasn’t quite worked out as envisioned. His restrictions on leasing, the delayed pipeline construction and the voluminous new environmental regulations have increased cost but also restricted supply and competition. This has led to higher profitability for the surviving energy companies, as the price of oil has almost doubled since the years of the Trump administration.
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