Expert reveals how environmental regulations have shut down refineries



American Petroleum Institute president Mike Sommers explains how restrictive environmental policies have impacted refineries on ‘Kudlow.’ #FoxBusiness #kudlow

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21 comments

  1. Biden administration and like minded cronies are the greatest threat this country has ever faced. He is an active agent of destruction.

  2. Can u state who are they

  3. 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.

  4. ATF, EPA, CIA, FBI, IRS and NSA all need to be abolished. We need less government. more of WE the PEOPLE.

  5. All types of perverse incentives in law lately. Some people support perverse laws when it comes to their personal pet political project and are willing to restrict everyone and make everyone pay for it. People have caught on to that and now all sides are doing it. If my liberty has to be curtailed for your comfort, then your liberty is going to have to be curtailed for mine.

  6. WITH THE DEMOCRATS CHEAT AT THE BALLOT BOX AGAIN ?

  7. Same here in Australia the greens have almost wiped out our energy production so now we pay the most in the world….the middle class has to work 6 days a week to survive… the greenies have enslaved us .

  8. NONE of this is by accident. NONE of this is mismanagement. NONE of this is incompetence. NONE of this is ignorance. It is ALL by design. It is ALL planned. It is ALL engineered.

  9. Incentives that hurt Refineries increase the spread between crude and refined products like RBOB. Biden then blames the oil companies for jacking up the price of RBOB [Gasoline]

  10. The democrats probably found out the oil corporations supported Trump……Exxon? shut trump lovers down is what they want

  11. What democrats can’t get passed through congress they use over regulation through administrations to control or crush what they don’t like or believe to be damaging to the environment.

  12. Do not say one more time it is not Joe's fault! not one more time!

  13. Joe Biden is the Worst President Ever. In our Entire History. Here we go again, 29%er Joe Biden is a LYING POS TRAITOR to all America. "Let's Go Brandon"

  14. Would you like to trade and make huge Amount of money worth $15,050 weekly through my trading skills hand technique and making your withdrawal at the end of trade using the largest financial market in the world (forex market).send me a dm on Instagram @mark_roton_

  15. Wry informative interview. So Biden and democrats are the true cause of increased oil price not Russia.

  16. Money is an issue that every one has for a better and luxurious life was hand for me until I start trading Bitcoin and am now earning $26,435 per week.

  17. Bidens diverse. Stupidity is on full display only outshined by his disconnect from American suffering.

  18. Why can’t we reopen them instead of waiting on a rebuilds?

  19. If I was a oil CEO, I’m not, but if I was I would take that Biden letter and “return to sender “!!!
    FJB.

  20. Where's the market mechaanism in this equation? To speak of perverse incentives like rewarding money- sometimes hefty sum- for reading x numberof books per yrs or doing/finishing homework assignments, or getting Covid vaxx, and handing out money to childcare takers – whatever you call, for late pickup of their kids after school. Anyway, should we not think more about the effetiveness of caps and trade or carbon tax credit system as they mentioned, to be good economically and climate-wise, and they won't drill for more oil when supplies is more than enough and price is not as lucrative, and they won't do it during Trump's when oil price and demand was really low around U.S fed land. So where's that idea?