US needs a long term commitment to fossil fuel production: Expert



Center for Industrial Progress founder and CEO Alex Epstein reacts to Biden blaming Vladimir Putin for high gas prices following the Russian invasion of Ukraine on ‘Kudlow.’ #FoxBusiness #kudlow

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30 comments

  1. The US needs a long term plan to keep Democommies out of Office.

  2. Solar, wind, EV, are just a part, we will need fossil fuels for decades to come, airlines, transportation, trains, might need a bigger battery 🀣, greenies are delusional

  3. Thats what's destroying us, more reliance on limited resources instead of accelerating development of unlimited renewables. In the meantime, OPEC ministers say "there's plenty of oil ", they are just holding down production to keep prices high as long as possible. Where is all the Iraqi oil Bush and Cheney promised would pay for the war? Plenty of oil in Libya, Venezuela, offshore Mexico, Colombia and Brazil – but why help dictators and monarchs get richer? Too bad Trump cut production spring 2020 when oil crashed to NEGATIVE $32/barrel, Saudis started crying. Midwest wells were plugged, drillers went bankrupt, workers with good jobs laid off. Oil experts said it would take 9-12 months to restore this production. It will take longer to bring production above this online, there are no "spigots" to turn on. But you know this Kudlow, you just read your daily scripts written by MuRTochs in Australia.

  4. biden and his gaggle of goons need to be thrown out of dc asap

  5. This author is spot on, and I agree with him completely. More of this sort of commentator, please.

  6. not just drilling but the loss of refiners and added costs of Biofuels and of EPA credits that refiners have to buy when refining

  7. How are you gonna operate a military complex without fuel for its aircraft you can't make aircraft nuclear because it looked like crash you can make navy ships and submarines nuclear but what are we gonna do about all our jets airplanes helicopters drones everything that seem to work on except for the electric drones I mean but they're coming up now with missiles that have propulsion systems I mean is that nuclear I mean petroleum based

  8. These green people are so ignorant they don't understand understand that oil petroleum is used to make hundreds of medications it's used to make all of our plastics it's used to make nylon polyestra Akron it's maze it's used in paints and lacquers and everything if you quit drilling for oil we will not have what we are used to having plastics medicines close you name it we are not ready to go off oil yet

  9. If people are smart enough to figure that the auto industry is going through a well-known change in how and what we all are driving to help change the climate issue which is getting worse so electric cars/trucks/bikes will help BUT we still need to use fuel for large ships that carry our goods so the oil will not go away until probably 2030-35.

  10. F J B
    Let's just go back to the Stone Age

  11. Screw the rest of the world. Worry about AMERICA!!!

  12. Smart young man we need more youth like you

  13. I would like to see Air Force One running fossil free.

  14. its stupidity to think oil is bad, its demerits are negligible for the benefits it gives us

  15. When People open their Minds and realize that the this Energy Crisis is fully Political power grab and a tool to TAKE that power to Divide Us !! Biden has been in office for close to 2 years and for the collapse of affordable Energy to happen this Quickly is proof there is disfunction amongst our Leadership at the Cost to American Families !! VOTE ALL THESE GREEDY, FACIST , HATEFUL CRIMINALS OUT !! OUR VOTE IS OUR ONLY SAFETY NET OTHER THAN CIVIL WAR TO PROTECT US FROM THESE DYSFUNCTIONAL CRIMINALS !!

  16. Plagiarism is King in Biden’s world.

  17. Most times it amazes me greatly the way I moved from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

  18. ThNk you larry. To bad some republicans are plain stupid. No plan will not get the country back into production.

  19. It is all deliberate. As long as President Dumbass can get money printed he thinks he can do anything.

  20. Ask mother nature about fossil fuel. Oh; she has answered us. Drought; flooding; and extreme weather conditions.

  21. I reject the term progressive too

  22. Bs. This guy is bs. I paid 2.00 a gal during Trump. I don't want bs. I want the Trump party.

  23. Alex should be a regular voice on this show.

  24. Biden shut down fossil fuel industry and just like with the baby formula doesn't have a plan to replace what is not produced. Biden wants to go to oil producing countries so he can tell them face to face and not have any record of the conversation that he wants a kick back for forcing America to buy their oil. For decades he has been poor but now has found a sleazy way to make money and that is require kick backs.

  25. Don't buy electric cars!

  26. All this climate change is Al Gore trying to remain relevant after a bad election! The process to make all these electric car batteries is just as bad for the Earth!!

  27. Epstein argues that burning fossil fuel will not cause much harm. His argument requires that to be true. If he is wrong about that then his argument collapses.

  28. Alex Epstein is quite bright! I wish more would interview him and listen to him. Read his book people!

  29. The Regressive Party. πŸ€”πŸ˜πŸ€­