Energy Crisis

'BIDEN WEAKENING AMERICA': Gingrich Torches Biden Admin for Venezuelan Oil Deal

posted by Hannity Staff - 11.28.22

Former Speaker of the House Newt Gingrich stopped by Fox & Friends to discuss the Biden Administration’s latest anti-American move to ease high gas prices; they are turning to Venezuela.

“[This] is just one more anti-American act by the Biden Administration. Texas doesn’t have a dictatorship problem; North Dakota doesn’t have a dictatorship problem; western Pennsylvania doesn’t have a dictatorship problem. Why is it that the place they select to buy more oil happens to have a dictatorship?” Gingrich asks.

“Again and again you see the Biden Administration make decisions that hurt Americans.”

Watch the clip above.

From Politico:

The Treasury Department granted permission Saturday for oil giant Chevron to produce and export oil from Venezuela following the South American country’s decision to restart talks with opposition groups.

The move could add supply to the global oil market, which may ease fuel prices and speed the declines in U.S. gasoline prices that have been a political burden for President Joe Biden since Russia invaded Ukraine in February.

But a senior administration official said the easing of sanctions was not driven by the oil market pressures and was instead a response the Venezuelan regime’s decision this week to participate in the negotiations with opposition groups. Those talks, which were originally launched in Mexico City in September 2021, are expected to focus on humanitarian programs and setting future elections.

“This action is not being taken in response to energy prices, this is a limited license. As we have said in the past, this is about the regime taking the steps needed to support the restoration of democracy in Venezuela,” the official said.

Despite the Biden Administration’s claims to the contrary, conservatives say this move has everything to do with oil.

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