DARK WINTER: Expert Predicts Biden’s Attack On Oil Could Kill 1 Million Jobs

Within 24 hours of taking office, President Joe Biden broke at least two major campaign promises — that is, promises he made those few times he ventured forth from his basement to actually campaign (a ‘less is more’ strategy that allegedly earned him a record 80 million votes and which will no doubt be emulated by campaigns for decades to come).

January 25, 2021

First, he broke a pledge he and Vice President Kamala Harris repeatedly made — that Biden, as president, would not ban fracking. He has, insofar as he can.

He also killed the Keystone XL project, a Canadian-borne oil pipeline that was to carry more than 830,000 barrels of clean-burning fossil fuel to refineries along the Gulf Coast.

Mind you, the ‘environmental’ and ‘climate change’ arguments for taking both of these actions is straight-up BS; the U.S., under Trump’s “drill baby, drill” strategy is already producing fewer carbon emissions four years after he took office — and that’s with an oil-and-gas exploitative strategy without the Paris Climate Accords that Biden just recommitted us to.

All of which brings us to Biden’s second broken promise: Creating more jobs.

These two acts alone have destroyed hundreds of thousands of jobs in the blink of an eye. Further, Biden’s order paving the way for federal contractors and employees to be paid $15 an hour, along with Democratic legislation to require private businesses to do the same, will kill millions more jobs.

But the oil and gas industry cuts and mandates are going to hurt the worst up front, as Breitbart News reports:

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,” Macchiarola 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 went on.

“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. “The full-scale ban of develop….

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