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K.T. McFarland: Biden Helps Russia, Hurts America by Increasing Oil Prices

K.T. McFarland: Biden Helps Russia, Hurts America by Increasing Oil Prices

K.T. McFarland: Biden Helps Russia, Hurts America by Increasing Oil Prices
Jun 12, 2021 39 secs

McFarland noted how the Biden administration’s energy policies benefit Russia by driving up the price of oil in an interview on Friday’s edition of SiriusXM’s Breitbart News Daily with special guest host Joel Pollak.

“Russia needs high energy prices — that’s its only export — and so by pushing the world price of oil down … and by making the United States the world’s major energy source, we were in a great position, but [Joe Biden] has reversed all of that.”.

McFarland highlighted America’s securing of energy independence in the oil and natural gas industries “because of the fracking industry.”.

Economist Stephen Moore warned that the Biden administration’s energy policies, ostensibly pushed to combat “climate change,” will erase American energy independence and prevent the development of multitrillion-dollar domestic resources.

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