Great Reset: Biden Energy Advisor Admits Administration “Phasing Out Use Of Oil”
by Kelen McBreen November 30th 2022, 1:23 pm
A top Biden administration energy advisor named Amos Hochstein made an appearance on CNBC’s “Squawk Box” Wednesday to tell the American people oil will soon be intentionally phased out.
CNBC host Joe Kernan pressed Hochstein for a timeline on how long oil producers will be allowed to drill domestically as Joe Biden continues to say the U.S. is going “to end drilling.”
“What does [Biden] mean we’re going to ‘end drilling?’” he asked.
Failing to provide a timetable, the Biden advisor said, “Eventually we are – we’re going to be phasing out the use of oil.”
Kernan explained that investors will not invest money into oil drilling if they think it will be shut down in five years or even less.
Later in the conversation, Hochstein told viewers it is “very hard” for him to understand why people would criticize Biden’s decision to release over one hundred million barrels of U.S. oil reserves.