Oil
It is pathetic, humiliating and beyond stupid that the United States must shop around the world and beg for oil. Wasn’t it just a mere two years ago that the Nation was energy independent? Reports are coming in that New England may not have enough heating oil for the coming winter. How in the world did this happen?
Simple. January 20, 2021, President Joe Biden signed a slew of executive orders that effectively hamstrung the American fossil fuel industry. 20 months ago the Regime cancelled vital pipelines that would deliver oil and gas to needed regions of the country. Regulations that cut the red tape to produce energy were cancelled. Joe and his climate change loons took a scimitar to the fossil fuel industry in the name of climate change (global warming).
Tuesday White House Press Secretary Karine Jean-Pierre, put out some fairy tale material that would make Hans Christian Andersen proud. She said that the oil industry has over 9000 leases that they can use to increase production, but they’re not taking advantage of them. Why is that? The heinous regulations that were instituted by Joe’s minions make it an unprofitable chore to harvest the abundant known resources available in America It’s cheaper to buy oil from the dictator in Venezuela or the Saudi billionaires and refine it here.
Knowing we had a shortfall of oil production, Joe journeyed to Saudi Arabia last summer to talk turkey with the potentates about pumping more oil for world consumption. As we now know, that dog didn’t hunt. The Saudis said no. As gas prices rose, he continued to raid the Strategic Oil Reserve in Louisiana, to mitigate the shortage. That reserve is only supposed to be used in the event of a national catastrophe like a hurricane or a severe interruption of domestic production. Nevertheless, Joe announced Wednesday that he’s dipping into it again. Realistically it won’t make a big difference in gas prices. He said the move wasn’t politically motivated. Bull.
To avoid this current theft, it’s been revealed that Joe had made a back-channel request to the Saudis in September after they announced that they would be limiting production. He asked them not to decrease their current production until after the midterm elections to keep gas prices down. Isn’t that election interference? The Saudis narced him out and displayed his ham-handed duplicitous dealing for all the world to see. Can you imagine if Trump had been caught making a deal like this? The progressive media would be howling for impeachment proceedings to begin.
The White House spin machine was at it on Tuesday as Press Secretary Karine Jean-Pierre tried once again to put lipstick on the pig that is high gas prices. To make the Nation feel better and ensure that the Regime was making progress she offered this nonsense. "Every month, the typical two driver family saves about $120 at the pump, compared to where we were in mid June. Every day Americans save $420 Million at the pump compared to mid-June." What? But then on Wednesday during the Press briefing, she gave this amazing response when a reporter asked her, "How seriously is the administration considering a ban on U.S. petroleum products?" She replied, "So, um, everything is on the table." Can’t make this up, it’s the actual quote. Go figure.
More nonsense from the leader of the free world. While in Los Angeles fund raising with the “Swells”, Joe Biden told a reporter that gas has "always" been $7 a gallon in California. The exchange went like this. "The inflation report is out. Have you seen gas prices around here in LA? It’s 7 bucks a gallon almost,” a reporter asked Biden as he bought food at a Los Angeles taco shop. Joe replied, "Well, that’s always been the case here. You know, it’s not — what — nationwide, [gas prices] came down about $1.35, and they’re still down over a dollar. But we’re going to work on, housing is the big, is the most important thing we have to do in terms of that." Say what? FYI Joe, two years ago gas was about $3.25 a gallon in California.
It doesn’t take a genius to figure out the reason why inflation is so high. It’s the cost of oil. Period. The high cost of energy clobbers the family budget with devastating effects. High energy costs drive up the cost of everything, manufacturing, doing business, and transportation. The tooth fairy does not deliver food to the local market. It’s a truck that’s diesel powered, like the tractor that harvests our crops, corn, wheat, tomatoes, and soybeans, etc.
In view of the current state of the economy, it’s no wonder that the Democrats are going to get shellacked in the midterm elections. Folks know that they’ve been bamboozled by the Bumbler in Chief. On November 9th the Nation will witness the end of Joe’s out of control energy polices, among others.
Election day, November 8th cannot come soon enough. The Democrats want energy prices to be high because they want to end American production of fossil fuels, oil and gas and coal and save the planet. That policy won’t work, never will.
Someone tell the rest of the world that relies on fossil fuel, the United States isn’t really an energy deficient laughingstock, it’s just the few oblivious climate change activist policy makers, inside that DC Beltway that make it seem that way.