Members of U.S. Energy’s Executive Leadership recently contributed to an article on how the Biden Administration’s climate change agenda impacts US oil production and the economy.
You can read the full article on The Epoch Times.
Jordan Jayson
Chief Executive Officer
U.S. Energy
Development Corporation
Jordan Jayson, Chief Executive Officer, U.S. Energy Development Corporation:
“Because there are existing permits in place, the impact will not be felt immediately, and energy independence will remain short-term,” Jordan Jayson, CEO of USEDC, told The Epoch Times via email. “However, long-term, these decision will ultimately force U.S. production to decline over the next several years and cause a greater dependence on foreign oil in the future.”
Matthew Iak
Executive Vice President
U.S. Energy
Development Corporation
Matthew Iak, Executive Vice President, U.S. Energy Development Corporation:
The company’s executive vice president, Matthew Iak, said it’s clear that the administration’s executive orders “were intended to make a statement and to keep their campaign promises to move away from long-term reliance on fossil fuels.” He said the pipeline decision is an indicator that the administration “will create a difficult regulatory environment for fossil fuels in the U.S.”
“This was done in part to appease its base, and not necessarily because it makes sense or what’s best for the environment,” Iak told The Epoch Times via email.
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