“...the Biden administration is pursuing wind and solar energy projects and potential electric vehicle mandates. Since China has the corner on rare earth minerals used to manufacture renewable energy, there's an obvious problem. President Joe Biden could put the U.S. in a position in which it must rely on Chinese supply chains. This is tragic because it was only back in 2019 that the U.S. became energy independent for the first time in 62 years — meaning energy production in the U.S. exceeded consumption on an annual basis. This was not the result of mere happenstance but of deliberate public policy decisions that enabled hydraulic fracturing and horizontal drilling to boost oil and natural gas production... We might now lose these advantages.”-Kevin Mooney
Wednesday, April 21, 2021
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