Biden Administration Approves $500 Million Investment for Oil Production in Bahrain
Contradiction Emerges as U.S. Enforces Strict Domestic Oil Regulations While Supporting Overseas Projects
According to DAILY CALLER, even though the Biden administration wants less oil made in the U.S., they’re giving $500 million investment to help make oil in Bahrain. They approved a $500 million investment for oil and gas there. This happened after they made strict rules for oil production in America like stopping drilling in some places and canceling leases in Alaska.
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$500 Million Investment Biden’s Administration Supports Middle East Oil Drilling. (PHOTO: Fox News)
Democratic Senators’ Environmental Concerns Ignored as Bank Funds Bahrain Oil Development
Democratic senators Merkley and Sanders opposed a bank’s funding $500 million investment of oil development in Bahrain over environmental concerns, but the bank proceeded. Despite U.S. restrictions on domestic oil production, overall production is rising mainly on non-federal lands. This underscores the complexity of energy decisions prompting debate on environmental policies under Biden.
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