Larry Kudlow: Record oil and gas prices are killing the economy

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Larry Kudlow: Record oil and gas prices are killing the economy
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  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

FOX Business host Larry Kudlow calls out President Joe Biden for going after the oil and gas industries as Americans see rising gas prices on 'Kudlow.'

FOX Business host Larry Kudlow calls out President Biden for his war on fossil fuels and fact-checks his claims on 'Kudlow.'

You're not going to embark on a wildly expansionary strategy, even though short-run prices and profits are favorable because you fear that you will not have a functioning business in the longer term. That's called prudent common sense. that are killing the economy and the middle class, but he still believes as a cardinal principle of the radical, woke, progressive climate agenda, that he'll kill fossil fuels. Still believes it.

So, Uncle Joe said they need to start paying taxes? Well, they paid $40 billion. Think that's enough? Think they paid their fair share? Exxon's $40 billion is even bigger than Elon Musk's $11 billion. Think he paid his fair share or do you think this utterly ridiculous, presidential, woke, baying about paying one's fair share of taxes is just a lot of bunk? Nonsense, factually untrue.

Big threat. Sounds like Hugo Chavez nationalizing the Venezuelan oil companies years ago. Perhaps Mr. Biden will send 20 or 30,000 army troops to take over Midland, Texas and seize Exxon Mobil and while he's at it, maybe he'll capture Chevron as well.

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