Apparently, when President Joe Biden goes off script, the truth comes out. During last night’s State of the Union speech, he made a stunning admission to the entire country, on live television, about why energy prices are so stubbornly high. While railing against oil industry profits, he said : Last year, they made $200 billion in the midst of a global energy crisis. I think it’s outrageous. Why? They invested too little of that profit to increase domestic production, and when I talked to a couple of them, they say, “We’re afraid you’re going to shut down all the oil wells and all the oil refineries anyway, so why should we invest in them?” Got that? Biden just admitted to the entire country that companies aren’t drilling more because of his own actions toward the oil and gas industry. Now, this isn’t a surprise to those of us who follow this issue closely – heck, one of his first actions was killing the Keystone XL oil pipeline and halting new oil and gas drilling on … [Read more...] about BASTASCH: You Might Have Missed This, But Biden Just Made A Stunning Admission About His Energy Agenda