Business
Varney: Why won’t Biden rebuild US energy production?
Stuart Varney: Why won’t Biden rebuild US energy production?
FOX Business host Stuart Varney reacts to America’s top banker telling Biden the U.S. needs to produce more oil.
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STUART VARNEY: I must admit to being exasperated by the president’s response to two very important issues.
I don’t understand why he won’t drill for our own oil, and I don’t understand why he wants to let the Iranians get a nuke.
There’s news on both, and I still don’t get it.
America’s top banker, Jamie Dimon, told the president, face-to face, we need a ‘Marshall Plan’ to produce more of our own energy. He wants leadership from the federal government, not roadblocks. It was the American Marshall Plan that rebuilt Europe after World War II.
Dimon wants to rebuild our energy production. Why, oh why, won’t the president do it?!
Next question: Why is the president so determined to do a nuke deal with the Iranians? We are told a deal is imminent.
Why are we doing this? A deal lets Russia build a nuclear power plant in Iran! It gives the Russians much of Iran’s enriched uranium. It gives the Iranians tens of billions of dollars to finance terrorism, and it poses a threat to Israel’s existence (not to mention thoroughly annoys our allies in Saudi Arabia).
The New York Times’ columnist Bret Stevens says this: ‘A new Iran deal leaves us meeker and weaker.’
Why won’t we drill? Why give the mullahs a nuke? I don’t get it!
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.
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