Biden’s Energy Policies Costing U.S. Economy $100 Billion a Year: Study

President Biden and senior officials in his administration have repeatedly said this year that the U.S. is near “record levels” of domestic oil and gas production. According to a new study, however, that’s not exactly the case.

The analysis by economists Stephen Moore and Casey Mulligan found that the Biden administration’s policies have caused the U.S. to produce significantly less oil and gas during Biden’s presidency than it would have during a second term for former President Trump — to the detriment of the national economy.

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