Biden Executive Order Will Destroy the U.S. Oil Industry

With the stroke of a pen, President Biden could single-handedly gut the U.S. oil industry. And some believe that’s what he’s about to do. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Biden Executive Order Will Destroy the U.S. Oil Industry Jeff Siegel | Jul 21, 2022 With the stroke of a pen, President Biden could single-handedly gut the U.S. oil industry. And some believe that’s what he’s about to do. After Sen. Joe Manchin announced he wouldn’t vote for a bill that addresses climate change, environmentalists, scientists, and policy leaders are calling for the president to declare a climate change national emergency. What does that mean? It means that this would give Biden the ability to use executive powers to do everything from funding new clean energy projects in low-income communities to building out a nationwide network of electric car charging stations. This is really low-hanging fruit, though, and wouldn’t likely get much pushback. But there’s something else Biden could do that would garner a lot of pushback as it would have massive repercussions on the U.S. oil industry. According to Jean Su, senior attorney at the Center for Biological Diversity, Biden could use his executive powers to begin a complete phaseout of all fossil fuel imports and exports. Think about that for a moment… A complete phaseout of all fossil fuel imports and exports. Such an executive order would absolutely gut U.S. oil companies and essentially instigate the final blow to Big Oil. This is a very big deal and one you shouldn’t take lightly — if it were even a possibility. The #1 Dividend Strategy Working Right Now Hi, I'm Tim Plaehn. In 2017, I released my most popular strategy ever to the public — The 36-Month Accelerated Income Plan to pay your bills for life with dividend stocks. Since then 30,000+ investors like yourself have read it. With this plan, I share how you can quickly grow your income using dividend stocks, and not dividend stocks like Disney. I'm talking strong, cash-flowing businesses that you've likely never heard of before but are delivering high income. Right now, 82% of my regular dividend stock picks are beating the market. [Click here for the full details.]( But it’s not. While I sympathize with climate leaders, you can rest assured that Biden will never take it to that extreme. First, given high gas prices and the call for the administration to do more to lower those prices, the last thing he’s going to do is pressure the oil machine. And even if he wanted to, he could never make it stick. Make no mistake, the mere mention of such a thing would serve as a launchpad for dozens of lawsuits from oil companies and dozens of procedural roadblocks from Republicans. Even if he really wanted to do this, which I don’t think he does, he couldn’t. That being said, it is becoming increasingly clear that pressure from climate leaders, many of whom also have very deep pockets, have an influence on the White House. Just the fact that the president of the United States is considering a climate change national emergency is all the proof you need. And while there’s no way in hell Biden is going to gut the U.S. oil industry, he is going to use his power to get more renewable energy deployed throughout the country — and solar is likely to get the lion’s share of the attention from the White House. “Lithium Crunch” Ahead: Buy THIS Stock Our exploding battery demand is causing a giant lithium crisis. According to the International Energy Agency, current lithium production will have to increase by 50x in the coming years... But one little-known company has figured out how to make high-performance batteries that require NO lithium whatsoever. 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And if you don’t believe it, just [check out the pictures for yourself](. Bottom line: Biden is about to make some moves on his climate agenda. Solar is going to benefit tremendously from this, but only the most advanced solar technologies are going to give you the most bang for your buck. And that’s why I’m so bullish on [this new solar spray](. This technology completely changes the game, and there will be a lot of money to be made as it comes to market. Might as well make it. To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( Bitcoin’s Official Execution Date Is Set — R.I.P. On July 27, 2022 (that’s only six days away), President Joe Biden and his administration are planning to reshape our entire financial ecosystem. First on the list? An “anti-crypto offensive.” Even if you don’t own any cryptocurrencies at all, this will affect more than digital currencies. 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[Get all of the details for no charge right here.]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).