Comments Made By Larry Summers to Bloomberg..... Too Bad That Biden's Controllers are Too Committed to Their Ideology to Listen.
Oct 8, 2022 19:11:59 #
Larry Summers is a Harvard Professor, an economist, Former Director of the National Economic Council under President Barack Obama, and Former Treasury Secretary under President Bill Clinton
“We made a mistake by canceling the Keystone pipeline. We made a mistake by slowing down all kinds of permitting activity. We made a mistake by being hostile as a country to natural gas.” “we need a different kind of energy strategy than the one that we’ve had. We need a strategy that is balanced, rather than an unbalanced strategy of total hostility to f****l f**ls”............
Summers said, “Look, we made a mistake by canceling the Keystone pipeline. We made a mistake by slowing down all kinds of permitting activity. We made a mistake by being hostile as a country to natural gas. We made a mistake in the Congress a few weeks ago when we didn’t pass the Manchin program of expanding permitting. We crucially need regulatory relief or we’re not going to get renewables online fast, and we’re not going to get the t***smission lines that are necessary for renewables to become a large part of our energy fast. So, the real lesson of this is we need a different kind of energy strategy than the one that we’ve had. We need a strategy that is balanced, rather than an unbalanced strategy of total hostility to f****l f**ls or God knows the kind of total strategy of favoring f****l f**ls that we had, of even egregious favoritism towards Saudi Arabia that we saw during the Trump administration. We need to find a balance. And I think we’re making our way in that direction.”
“We made a mistake by canceling the Keystone pipeline. We made a mistake by slowing down all kinds of permitting activity. We made a mistake by being hostile as a country to natural gas.” “we need a different kind of energy strategy than the one that we’ve had. We need a strategy that is balanced, rather than an unbalanced strategy of total hostility to f****l f**ls”............
Summers said, “Look, we made a mistake by canceling the Keystone pipeline. We made a mistake by slowing down all kinds of permitting activity. We made a mistake by being hostile as a country to natural gas. We made a mistake in the Congress a few weeks ago when we didn’t pass the Manchin program of expanding permitting. We crucially need regulatory relief or we’re not going to get renewables online fast, and we’re not going to get the t***smission lines that are necessary for renewables to become a large part of our energy fast. So, the real lesson of this is we need a different kind of energy strategy than the one that we’ve had. We need a strategy that is balanced, rather than an unbalanced strategy of total hostility to f****l f**ls or God knows the kind of total strategy of favoring f****l f**ls that we had, of even egregious favoritism towards Saudi Arabia that we saw during the Trump administration. We need to find a balance. And I think we’re making our way in that direction.”
Oct 8, 2022 19:24:35 #
Oct 10, 2022 20:59:33 #
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