{"id":1377752,"date":"2022-03-15T10:24:15","date_gmt":"2022-03-15T14:24:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1377752"},"modified":"2022-03-15T10:24:37","modified_gmt":"2022-03-15T14:24:37","slug":"gop-sen-cramer-biden-has-deprived-energy-producers-of-capital-by-floating-getting-oil-from-iran-venezuela","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-sen-cramer-biden-has-deprived-energy-producers-of-capital-by-floating-getting-oil-from-iran-venezuela\/","title":{"rendered":"GOP Sen. Cramer: Biden Has Deprived Energy Producers of Capital by Floating Getting Oil from Iran, Venezuela"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgop-sen-cramer-biden-has-deprived-energy-producers-of-capital-by-floating-getting-oil-from-iran-venezuela%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1377752&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>On Monday\u2019s broadcast of CNBC\u2019s \u201cSquawk Box,\u201d Sen. Kevin Cramer (R-ND) stated that President Joe Biden has starved energy producers of capital through signals like \u201cregulation, taxation, flirting with Maduro in Venezuela, or the ayatollah in Iran to fill the voids.\u201d<\/p>\n<p>Cramer said energy producers are \u201ccapital-starved, largely based on signals being sent by the Biden administration on a regular basis. I mean, the nomination of various members of the Federal Reserve, for example. \u2026 There\u2019s a chilling effect on every move. This tends to get oversimplified sometimes\u2026the Keystone XL pipeline\u2019s not going to be built and it\u2019s not going to make a difference. But it\u2019s a symbol of the larger issue of really bad signals being sent, whether it\u2019s through regulation, taxation, flirting with Maduro in Venezuela, or the ayatollah in Iran to fill the voids.\u201d<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>He continued, \u201cNorth Dakota\u2019s down about 400 to 500,000 barrels per day from our peak, and if the right capital messages were being sent to the markets, I think we could pick up another couple hundred to 400 thousand barrels per day. But the investors have to get the right message. And this has to be a mid-term play \u2014 mid-term to long-term play. You can\u2019t simply say, okay, we\u2019re going to allow drilling now for the next couple of months, go ahead and invest hundreds of millions of dollars. We ought to have a long-term play on the transition to \u2014 if you will, to renewables, and we should agree to that, and at the same time, meet the moment and meet the crisis. And by the way, could we just ground John Kerry\u2019s airplane and not send him out to talk?\u201d<\/p>\n<p><em>Follow <\/em><em>Ian\u00a0Hanchett on Twitter\u00a0<a class=\"x5l\" href=\"https:\/\/twitter.com\/IanHanchett\" target=\"_blank\" rel=\"noopener external\">@IanHanchett<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday\u2019s broadcast of CNBC\u2019s \u201cSquawk Box,\u201d Sen. Kevin Cramer (R-ND) stated that President Joe Biden has starved energy producers of capital through signals like \u201cregulation, taxation, flirting with Maduro<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1377752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1377752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1377752"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1377752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1377752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1377752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1377752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}