Energy Report: Unions Have Been Had

President Biden is not engaging the oil and gas industry, forcing them to go to court to save their jobs. The killing of the Keystone XL pipeline and now there’s talk that the Biden administration could cost the energy industry hundreds of thousands of lost jobs.

Union workers that had voted for Donald Trump, were wooed back by Joe Biden with his promise to “build back better” plan. So far build back better means that if you are a union oil or gas worker, you are at high risk of being unemployed. Union workers are angry, and I am hearing from many of them directly. They feel that union leadership backed the wrong horse when they backed Biden. The Biden administration policies mean that the U.S. will lose our hard-fought-for and finally won energy independence. In fact yesterday, the Energy Information Administration reported that the United States will return to being a net petroleum importer in 2021.

On Fox News “America Newsroom” Texas Land Commissioner George P. Bush said Wednesday that, "President Joe Biden's immediate moves against the oil and gas industry produced a "chilling effect" against energy workers around the country. He pointed out that defending oil and gas jobs was not a Republican pet issue, noting four Democrats in the Texas U.S. House delegation oppose the environmental lobby. Union leaders like AFL-CIO President Richard Trumka, a Biden supporter, also criticized the White House over the quick Keystone cancellation, and Sen. Joe Manchin, D-W. Va., a key swing vote in the Senate, asked Biden to reverse his decision.

In Texas, they could lose 120,000 jobs through 2022 with the administration's suspension of new oil and gas leases, and Bush said the state would pursue legal avenues as it had in the past against fracking bans and what he called specious listings of animals on the endangered species list. That is just in Texas.


Image Source: Unsplash

Biden's policies of rejoining the Paris climate accord and killing the Keystone Pipeline is going to kill hundreds of thousands of jobs. Lost jobs have a trickle effect across many other businesses and the higher costs for energy around the country will slow the economic recovery. So far, the Biden administration has had no plan for replacing these union jobs. There have been vague promises of so-called green energy jobs but to develop all these jobs it may take years and many of those jobs will not pay nearly what the lost jobs paid. Union workers have been had. They know it.

1 2
View single page >> |

Disclaimer: Make sure you get signed up for exclusive info and my Daily Trade Levels by calling Phil Flynn at 888-264-5565 or email me at  more

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
Kurt Benson 3 weeks ago Member's comment

The price of #oil has rebounded back to pre-pandemic levels. If #Biden won't allow #Putin to run frackers out of business like Cheeto did, perhaps the price will approach $80 bbl again in a year or so. We get it from your articles that you dislike Biden. He's your opening gripe in every single one. Perhaps a new angle complaining about Putin flooding the market again like he was doing before the plague would be a refreshing angle? Putin is a much bigger problem for frackers then Joe not allowing more fracking on federal lands. If Putin gets his way again, no American oil companies will be fracking anywhere, and the price will be $35 bbl again.