An American oil crisis ‘is right on the horizon,’ Energy advocate and CEO warns



American Petroleum Institute President and CEO Mike Sommers calls for a new five-year oil plan from Joe Biden and exploration of Gulf of Mexico drilling opportunities. #FOXBusiness

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44 comments

  1. You can really tell a lot about the intelligence level of a country's people just by the leaders that they vote for huh let the sheep pay now !

  2. Our problem is that we have a current administration that has no interest in the safety, security or welfare of our country. We have a bunch of traitors in our Whitehouse and they have proven themselves that the American people don't matter to them and the security of our country is not a tiny bit of their concern. It is incredible how they have been allowed to run our country into the ground… TRAITORS

  3. We need the Democrats out of office at every level

  4. Summer us coming. Gasoline always rises come summer….. Cancel another pipeline sleepy joe.m sarcasm btw

  5. You're wrong about what Biden did in Alaska, you don't either know the truth, or lying!!!

  6. Boy we have been in a recession for awhile, anyone who says anything different is part of this corrupt government establishment!!!

  7. Which is done on purpose by this administration!!!

  8. Gee? Everyone should move to china.

  9. The crisis started on Bidens first day in the white house and you know the rest of the story !

  10. Check and see who is buying major stock in the electric vehicle industry

  11. It's a forced move to make America citizens buy electric vehicles so they can profit through the stocks that they have bought in the electric vehicle industry

  12. Oil company jobs used to pay good.

  13. We Americans should go to a three day work week 10 hr shifts save fuel and pollution and our roads

  14. Primary supplier of cobalt is Congo, not China.

  15. Oil futures are not determined by a individual country, it is the markets…a few facts might help: OPEC produces about 40% of the world’s crude oil and its members’ exports make up around 60% of global petroleum trade, OPEC was formed in 1960 and its 13 current member states hold more than 80% of the world’s proven oil reserves. I suppose if we nationalized oil we could be fine but that would be socialism…get educated, it helps!

  16. I thought Gaysome was going to investigate the oil companies.

  17. To bad Biden shut down the Keystone, we got lots of oil up here in Canada, to bad cause once the Trans Mountain pipeline is built a lot of it is headed to Asia.

  18. Brought to you by democrats every crisis is manufactured by progressives policy

  19. That’s because the President and at lot of both sides stop us getting our own oil with signing bills.

  20. Doesn't anyone remember when oil was $140/ barrel?

  21. This president has no clue what they are going to do.

  22. Don’t remember that under Trump Administration

  23. Get money from China, they'll tell you what to do, fluff off any flack from Americans, I'm your new master, Joe. Signed: XI XI Ping

  24. One thing is for certain in a Biden, POTATUS regime, America becomes weaker. The question now is, "will America survive the POTATUS?"

  25. Recessions is lurking for everyone.. we're not safe our government is failing us in the naked eyes of USA 🇺🇸 citizens.. wake-up America..

  26. The problem is the democrats and biden administration

  27. Huh, we didn’t need opec or any other countries oil. Guess it’s ok to sell our reserves to China JB’s Master

  28. I believe North America should be producing enough to drop the price to undermine OPEC screw OPEC and the wef they are only for their own country just like we should really be

  29. Let’s frack more and cause man made earthquakes.

  30. BIDEN and his buddies doing all to steal as much as possible before next election

  31. Currency changed is A Trade War.

  32. Only God controls everything including climate change..

  33. They do this every summer now make cuts charge more like cars less production, less inventory charge more

  34. China runs america through Hunter Biden, Hunter runs white House, Hunter for president

  35. Paragraph 1 of 4. Why are frog and toad populations declining? This news article is from the USGS. Research finds that amphibians are severely declining worldwide. The cause is climate change. There are simple solutions – to halting or reversing these declines. Research suggests that even though amphibians are severely declining worldwide, there is no smoking gun—and thus no simple solution—to halting or reversing these declines. Though every region in the United States has suffered amphibian declines, threats differ among regions.

  36. Paragraph 2 of 4. Why are frog and toad populations declining? They include:
    Human influence from the Mississippi River east, including the metropolitan areas of the Northeast and the agricultural-dominated landscapes of the Midwest
    Disease, particularly a chytrid fungus in the Upper Midwest and New England
    Pesticide applications east of the Colorado River
    Climate changes across the Southern U.S. and the West Coast

  37. Paragraph 3 of 4. Why are frog and toad populations declining? Amphibian declines are a global phenomenon that has continued unabated in the United States since at least the 1960's. Declines are occurring even in protected national parks and refuges. The average decline in overall amphibian populations is 3.79 percent per year, though the decline rate is more severe in some regions of the U.S., such as the West Coast and the Rocky Mountains. If this rate remains unchanged, some species will disappear from half of the habitats they occupy in about 20 years.

  38. Paragraph 4 of 4. Why are frog and toad populations declining? Amphibians are good indicators of significant environmental changes. Amphibians, unlike people, breathe at least partly through their skin, which is constantly exposed to everything in their environment. Consequently, their bodies are much more sensitive to environmental factors such as disease, pollution, toxic chemicals, ultraviolet radiation, and habitat destruction. The worldwide occurrences of amphibian declines and deformities could be an early warning that some of our ecosystems, even seemingly pristine ones, are seriously out of balance. The USGS coordinates and leads the National Amphibian Research and Monitoring Initiative (ARMI), which was formed to determine the scope, severity, and causes of amphibian declines.

  39. Bleach does NOT give wind turbines c@ncer and The Ten Commandments do NOT apply to embryos; that are NOT babies! No one should be drilling anywhere anymore.

  40. Good. It should not be burning fossil fuels anyway Klanhole. RepubliKKKlans should not have continued its 401 years of Democratic voter suppressing WASP-skinned massacres it calls CRT to illegally purge voter rolls in Floriduh Whorida; to steal the election from Al Gore. With Al gore as president it would be driving an electric car right now and it would not be facing certain extinction by the year 2060 due to runaway-AGW; just as both Sir Issac Newton and Nostradamus have predicted.

  41. Why can’t native Americans drill on their own land? And why don’t we supply their water and other resources.

  42. It's obvious that the white house is seeking to force us to except the green energy initiative and it's strange for the white house to try and sale us the China tension thing when china will be the big winner in this green new deal thing, (somethings off)!

  43. Joke obiden and the dem o rats are destroying our country. Vote all these Azzholes OUT.

  44. High oil prices equal less spending and driving etc makes a recession worse but that what they want bed Biden’s family getting some
    Cash like before sellouts