Biden Actions Against American Oil, Gas Energy Production Could Kill as Many as 1 Million Jobs; Biden Kills Up to 70,000 Jobs on First Day in Office

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Expert: Biden Actions Against American Oil, Gas Energy Production Could Kill as Many as 1 Million Jobs:

Frank Macchiarola, senior vice president of Policy, Economics and Regulatory Affairs at the American Petroleum Institute (API), said in an interview on SiriusXM’s Breitbart News Saturday with host Matt Boyle that if President Joe Biden puts a permanent ban on oil and gas development on federal waters and land, it could cost 1 million American jobs.

Boyle asked Macchiarola about the significance of Biden revoking the permit for the Keystone XL Pipeline and putting a 60-day pause on federal land leasing in his first days in office.

“I think the first four days of the Biden Administration have given a clear picture of what the next four years could look like,” he said. “President Biden comes into office with a real economic headwind and a difficult labor market but at the same time he inherited an energy [landscape] that’s stronger because of America’s shale revolution.”

“We’ve produced lower household energy costs as a result of U.S. energy and less reliance on foreign energy sources,” Macchiarola added.

“The president has a choice to make: He can maintain U.S. leadership and maintain and support our economic recovery with American energy or he can pursue policies that destroy jobs and at the same time increase energy imports,” he further asserted.

“The first few days should concern all Americans because the administration is clearly taking actions that are going to harm the economy and cost Americans jobs,” Macchiarola said. --->READ MORE HERE

AP Photo/Evan Vucci

Pollak: Biden Kills Up to 70,000 Jobs on First Day in Office:

President Joe Biden’s first day in office may have been historic in more ways than one: he may have set a single-day record for the number of jobs killed by an American president.

Biden revoked the permit for the Keystone XL pipeline, as promised. In so doing, he killed some 11,000 direct jobs that the pipeline’s construction was to have created, and an estimated 60,000 indirect jobs in secondary, related industries.

Over 1,000 workers already on the job — mostly union workers — will be laid off as a result of the decision, even if it is litigated, as many expect it will be, in the courts.

Sen. Ted Cruz (R-TX) confronted Secretary of Transportation nominee Pete Buttigieg over the Keystone XL decision on Thursday morning, during Buttigieg’s confirmation hearing. If the administration was serious about infrastructure, Cruz asked, why was it killing an infrastructure project with “good, paying union jobs”? --->READ MORE HERE

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