Biden Says US Will Still Rely On Oil In Next 10 To 15 Years

Mohammad Ali (@ChaudhryMAli88) Published March 10, 2023 | 01:00 AM

Biden Says US Will Still Rely on Oil in Next 10 to 15 Years

WASHINGTON (UrduPoint News / Sputnik - 10th March, 2023) The United States is still going to rely on oil for the next ten-to-fifteen years despite the movement toward alternative energy sources, President Joe Biden said on Thursday.

"We're still gonna need combustion engines.

We're gonna still need oil for the next ten to 15 years, it won't just go away," Biden said in a speech he delivered in Philadelphia, Pennsylvania.

Biden's comment on the need to continue using oil came as part of the remarks on his proposed budget for fiscal year 2024 that has received significant criticism from Republicans for what they say is egregious spending.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

HEC reviews curricula for environmental sciences d ..

HEC reviews curricula for environmental sciences degree programme

ICC Asia looking forward to an action-packed Asia ..

ICC Asia looking forward to an action-packed Asia Cricket Week

Yuvraj Singh named ICC Men’s T20 World Cup 2024 ..

Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador

Greece hands Olympic flame to 2024 Paris Games hos ..

Greece hands Olympic flame to 2024 Paris Games hosts

Two Kyiv hospitals evacuating over feared Russian ..

Two Kyiv hospitals evacuating over feared Russian strikes

World must act on neurotech revolution, say expert ..

World must act on neurotech revolution, say experts

Charles & Catherine's cancer diagnoses

Charles & Catherine's cancer diagnoses

Champions Alcaraz and Sabalenka through in Madrid ..

Champions Alcaraz and Sabalenka through in Madrid Open

King Charles to resume some public duties during c ..

King Charles to resume some public duties during cancer treatment: palace

US defense chief announces $6 bn in security aid f ..

US defense chief announces $6 bn in security aid for Ukraine

Heavy rains cause damage to Spezand-Taftan railway ..

Heavy rains cause damage to Spezand-Taftan railway track

Woman stabbed in Israel, attacker killed: police

Woman stabbed in Israel, attacker killed: police