WATCH: Biden says “We’re not going to get rid of fossil fuels for a long time”

Asked about his comments on oil, Joe Biden said earlier today “we’re not going to get rid of fossil fuels for a long time.”

WATCH:

In what many pundits are calling one of the biggest moments of the final debate, President Trump got Joe Biden to admit openly he would “transition from the oil industry…because the oil industry pollutes.”

Trump almost gleefully cut in and said “it’s a big statement” to which Biden replied “because it needs to be replaced by renewable energy over time and i’d stop giving to the oil industry…I’d stop giving them federal subsidies.”

Trump then said “That’s maybe the biggest statement in terms of business. That’s the biggest statement, because basically what he’s saying is he’s going to destroy the oil industry.”

“Will you remember that Texas? Will you remember that Pennsylvania? Oklahoma?”

WATCH:

Neil Cavuto commented on the exchanged and called it a “unforced error” on the part of Biden.

“That’s what they call an unforced error, folks,” Cavuto said. “I don’t know if that was his intention, but that sounds very familiar to me. The goof that Gerald Ford made in the 1976 debate with Jimmy Carter when he famously said Eastern Europe was not under any Soviet aggression or oversight. Gerald Ford lost the debate that night, and many argued that he lost what was a closing race for him when the numbers were looking good because of that comment, that the Soviets had no dominating influence over Eastern Europe.”

Cavuto continued “This is a very different beast, I grant you…But over the debate over fracking and whether he’s for or against it, he says on public lands. I’m against it. I’m for it on private lands. But to go the extra step of saying, you know, eventually close down the oil industry, I’m sure he would want to take back or at least clarify that remark tomorrow.”