Washington's Attack On Oil And Gas May Backfire

That the Biden administration and the Democratic-majority Congress have set their sights on the oil and gas industry as the ultimate culprit behind a changing climate was clear even before last year’s elections. Now, it seems, Washington is doubling down on its promise to crack down on oil and gas in any way possible.

But the move may backfire badly. Last week, the House Oversight Committee wrote to the executives of the biggest oil companies operating in the United States along with the American Petroleum Institute and the U.S. Chamber of…