Repost from Just The News.

Photo by Karsten Würth on Unsplash

U.S. oil producers are struggling to obtain financing, insurance “because of environmental social governance scores the Biden administration is pushing to try and kill the petroleum and gas industry,” said Texas Republican state Rep. Steve Toth.

With green energy, environmental and agricultural policies triggering economic crisis and popular revolt in Sri Lanka and and spreading protests in the Netherlands and Germany, the Biden administration is showing little inclination to throttle back on its own sweeping climate change agenda, despite historically high U.S. fuel prices.

In Sri Lanka, President Gotabaya Rajapaksa resigned after he fled the country as protesters stormed his residence and office as well as the residence and office of the country’s prime minister and now interim president, Ranil Wickremesinghe. 

Rajapaksa’s resignation came after his country’s inflation rate hit 54.6% in June and the central bank’s interest rates were raised to 15.5%, the Daily Caller News Foundation reported. Sri Lankans have been struggling to buy fuel and food amid shortages of the former and prices for the latter skyrocketing 80.1% since May. 

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