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Throttling oil and gas to protect the climate will backfire

Environmental agenda cannot ignore energy supply security

| U.S.
A flare burns natural gas at an oil well in Watford City, North Dakota, on Aug. 26: oil and gas has become a favorite scapegoat.   © AP

Vandana Hari is founder of Singapore-based Vanda Insights, which tracks energy markets.

Pressured by U.S. inflation running at 13-year highs and surging gasoline prices, the Biden administration acted somewhat uncharacteristically in July by publicly urging OPEC and its allies to pump more oil.

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