"President Biden is hurting American jobs by his war on fossil fuels through the cancellation of the Keystone pipeline permit, ban on oil and gas leasing on federal lands and waters, and his elimination of fossil fuel tax deductions that mainly support small independent oil and gas producers, who find most of America’s oil.
Given that fossil fuels supply 80 percent of the nation’s energy and receive one-fifth of the subsidies that renewable fuels receive from the federal government, they are a far better investment than renewable energy.
Except, of course, to the companies involved in gouging taxpayers for green energy subsidies.
President Biden is misleading the public by saying fossil fuels receive federal tax incentives of $40 billion—a number more in-line with what wind and solar receive from the federal government.
... President Biden is not telling the public that fossil fuels supply 80 percent of our energy and that wind and solar power only supply 3.6 percent, after receiving years of federal subsidies."
