President Joe Biden’s “backwards energy policy” is crippling the United States economy when it is trying to grow, according to former Trump economic adviser Stephen Moore.
“Inflation is a growing problem,” Moore told Sunday’s “The Cats Roundtable” on WABC 770 AM-N.Y., noting $70 a barrel for oil is “the highest in a long time.”
“That’s not just happening because of inflation,” Moore added to host John Catsimatidis. “It’s happening because Joe Biden has declared war on American energy.”
Moore hailed “under Donald Trump we achieved energy independence,” but Biden’s agenda has reduced supply and caused a direct rise in prices.
“Biden continues to try to shut off American energy and I don’t understand the logic of it, because we use a lot of energy in this country,” he said.
“And the more he shuts down the supply, the higher the price goes, so that’s a big problem.”
America needs to control its energy resources, not be beholden to foreign countries, Moore continued.
“This is a backwards U.S. energy policy that Biden has put in place,” he lamented. “We should be using all of our energy, John. We should be using our oil, our gas, our coal, we should be using