Windfall Profits Tax ‘Is Sorely Needed’ But More Oil Is Not, Groups Warn Biden

“Drilling more won’t lower prices for U.S. consumers. More oil from U.S. lands will just be exported,” said one critic. “And more investment in oil drilling will deepen our dependence on fossil fuels when the worsening climate catastrophe demands we speed the transition.”

This post was originally published on Common Dreams – Breaking News & Views for the Progressive Community.