Journalist: Biden made US top oil producer

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00:00David Kaye, America's Standing. Go ahead.

00:05Well, I think America's Standing has gone down in the world, and you can see that in surveys and polls all over the world.

00:10You can see it in the election results in Canada.

00:13And under Biden, and I'm always no big fan of Joe Biden, the U.S. became the world's leading oil producer.

00:19For every five barrels the Saudis produced, America produced six.

00:23So the suggestion that Biden was hostile to the fossil fuel industry is just nonsense.

00:30Big news. Absolutely fake news.

00:32It is true he was hostile to the energy sector.

00:35Absolutely it was true.

00:36That's why we became the biggest oil producer in the world, Greg.

00:39Right. After he drained the petroleum reserve to perform better in the midterms.

00:47No, he didn't drain it.

00:48He took a little bit off, which caused prices to go down, and he bought it back in a profit.

00:53He bought it back in a profit of billions of dollars.

00:55After two years of hostility, he finally capitulated.

00:58We'd be producing three million more barrels a day than we did under Biden if he had not been hostile to the energy sector.

01:07He wouldn't do new leases.

01:09He wouldn't allow construction of LNG facilities.

01:13He shut down Keystone Pipeline.

01:15He shut down the sanctions on Nord Stream 2.

01:18So after Trump put the sanctions on—

01:20The pipeline Donald shut down, by the way, he would create thousands of jobs, Greg.

01:25The whole point of the pipeline is there are almost no jobs.

01:28There are almost no jobs.

01:29That's why we want pipelines.

01:31They're efficient.