Expert on US Not Supporting World Bank Oil Plans

Paul Greaney
By Paul Greaney
August 18, 2021NTD Business
share

The Biden administration is planning to vote against World Bank initiatives to fund oil production projects around the world. It says it’s to address the climate crisis. But it was just recently the administration called on OPEC to increase production to tackle rising fuel prices.

NTD asked fourth-generation oil man Jay Young how he sees the situation. He’s the CEO of King Operating Corp.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments