Biden Hints at Eventual Oil Industry Shutdown in Last 2020 Presidential Debate

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Former U.S. Vice President Joe Biden made a “big statement” Thursday night when he indicated that if elected President of the United States he would work towards shutting down America’s oil industry.   The topic came up during a debate on the future of America’s energy industry.  President Donald J. Trump said he supported America’s continued energy independence, saying the nation has ended senseless wars over oil by becoming independent.

Joe Biden, said he would work towards abolishing the oil industry.

“Would you close down the oil industry?” Trump asked Biden.

“I would transition away from the oil industry…yes,” Biden said. “It is a big statement…because the oil industry pollutes significantly. It has to be replaced by renewable industry. I would stop giving the oil industry federal subsidies.”

Biden said that he can’t give federal subsidies to solar and wind, why are we giving it to the oil industry?

“We are giving it to solar and wind,” Trump replied.  “That’s the biggest statement, because basically what he is saying is he is going to destroy the oil industry,” Trump said.  “Will you remember that Texas? Will you remember that Oklahoma?”

 

 

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