Biden Admin Approves $500 Million to Middle East for Oil Drilling, Further Restricting Domestic Supply

Sarah  Arnold / Townhall Tipsheet

 

The Biden Administration approved a staggering $500 million for oil development in the Middle East as the United States’s oil supply will face a shortage by the end of 2025. 

The U.S. Export-Import Bank, approved a multi-million dollar loan guarantee for oil and gas development in Bahrain on Thursday, making it the fifth major project the bank has backed since President Joe Biden’s commitment at the 2021 UN Climate Conference in Glasgow with the Clean Energy Transition Partnership (CETP). 

The $500 million of financing was five times larger than what lawmakers were expecting. The bank told Bloomberg News that the loan guarantee will “increase the production of oil and the availability of gas to meet the future energy demands” of Bahrain. 

This comes after Congress was notified about possibly supporting the expansion of an oil and gas field in the Middle East, equipping the country with more than 400 new oil wells and 30 gas wells.

Boat with 25 migrants from Haiti interdicted off Florida

Lauren Irwin / THE HILL

A boat carrying 25 migrants from Haiti was recently interdicted by Florida law enforcement, state officials said Friday.

Florida Gov. Ron DeSantis (R) said Florida Fish and Wildlife officers intercepted the vessel “within the last couple of weeks.”

“In their boat, in their vessel, they had firearms, they had drugs, they had night vision gear and were boating very recklessly, which would potentially endanger other folks,” DeSantis said at a press conference.

DeSantis said the boat was interdicted near the Sebastian inlet, and the migrants were turned over to the Coast Guard for deportation.

Florida Fish and Wildlife released a statement acknowledging that officers had intercepted a boat carrying “multiple illegal Haitian immigrants, guns, drugs and night vision equipment” on Feb. 29. After stopping the vessel, officers “immediately” knew they had “intercepted a human smuggling operation,” the agency said.

RIGHT SIDE PATRIOTS...Podcast

 

If you missed last nights RIGHT SIDE PATRIOTS broadcast where Craig Andresen and Diane Sori discussed the judge's decision in the Fani Wallis case; chaos in Haiti; gas prices on the rise nationwide; and is West Point going 'woke'...you can listen to it (and past shows) at your convenience at: https://rspradio1.com ... go directly to Podcasts.