Posted on 07/11/2021 4:28:43 AM PDT by MtnClimber
The great thing about our freedom-based economic system is that the government doesn’t have to do much at all in order for the people to prosper and the economy to grow. Just sit back and watch the people create businesses, put each other to work, and provide for every imaginable human need.
But we now have a government in the hands of people who hate America and hate its freedom-based system. The current administration is actively working to undermine the American economy and advance the interests of our geopolitical adversaries. In no area is this more true than the field of energy. In this field, the Biden Administration came in with the explicit goal of undermining American energy production. Indeed if an administration wanted to undermine American energy prosperity as much as possible and comparably benefit our adversaries, it is difficult to think of anything it would do different from what the Biden Administration is doing.
During most of my adult life, “energy independence” has been a bipartisan goal throughout the federal government. That goal was actually achieved under President Trump. Within just a few months, Biden has undone that achievement. The administration has made no secret of its goals to reduce U.S. energy production of the things that work (i.e., fossil fuels) and to drive up their price. Let’s just make a small list of key actions in furtherance of those goals:
-On his first day in office, Biden revoked the permit for the Keystone XL pipeline, intended to bring some 800,000 barrels of crude oil per day from Canada into the U.S.
-The next day, Biden suspended all permitting of oil and gas drilling on federal lands and waters.
-Biden’s EPA then set in motion the reversal of Trump Administration loosening of rules on methane emissions in the process of producing oil and gas. These tightened Biden restrictions have the effect of increasing the cost of production.
-Currently in the works are rules from the SEC to require extensive new disclosures by energy producers (and others) of supposed “climate”-related risks.
These are just examples of an overall hostility to fossil fuel energy development, specifically intended to have the effect of making energy projects more difficult and more expensive to develop. And so far, the government’s actions are rapidly accomplishing their intended goals:
-The price of a barrel of WTI crude oil has jumped from $53.30 on January 20 (Inauguration Day) to $74.56 yesterday. Crude oil prices are currently at a six year high.
-The average price of a gallon of gasoline at the pump has risen from $2.42 in January 2021 to $3.17 in June, according to EIA data.
OPEC members and Russia are the obvious candidates to step in to take advantage of the price increases, but it seems that those parties are currently having some kind of stand-off as to who gets how much of a quota when production goes up. From the Wall Street Journal, July 6:
[A] squabble between Saudi Arabia and the United Arab Emirates over quotas is blocking an agreement [to lift production].
Do you think that a competent American administration might want to see American production go up at such a time? Wrong:
A White House spokesperson on Monday said it is urging OPEC and its allies [including Russia] to quickly come up with a compromise “that will allow proposed production increases to move forward.” The Administration is worried that higher gas prices could undermine Mr. Biden’s climate agenda and spending plans.
In lieu of energy independence, we are now seeing imports from Russia reach highs not seen for ten years. From S&P Global, April 16:
Imports of Russian oil, which consists mainly of fuel oil feedstocks and some crude, recently reached a 10-year high as US refineries continue to ramp up runs as the economy starts to recover from COVID-19. Russian oil imports as a share of US total oil imports hit a record high of 8% in January 2021, according to data from the US Energy Information Administration, up from 4% during 2018.
It’s hard to imagine a more counter-productive set of policies than what the Biden Administration is implementing under the rubric of supposedly “fighting climate change.” What they are actually doing is empowering the very worst actors on the world stage, while having no effect whatsoever on the “climate.”
A big “thank you” to Francis Menton for allowing posting of his excellent articles (with attribution and a link, of course).
“Every record has been destroyed or falsified, every book has been rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And that process is continuing day be day and minute by minute. History has stopped. Nothing exists except the endless present in which the party is always right.” ~ George Orwell
Yes, quite an administration and puppet masters.
Add in all the many state AGs,Sec.’s of State and judges elected by Soros’ big funding (campaign/PAC/ad $$$).
https://m.washingtontimes.com/news/2011/jun/23/section-527-works-to-seat-liberals-as-election-ove/
https://www.freedomworks.org/content/bloomberg-and-soros-are-co-opting-power-government
https://www.politico.com/story/2016/08/george-soros-criminal-justice-reform-227519
thanks for those links, polymuser
Word
Let’s be honest.
The Democrats are performing revenge upon the citizenry for their refusal to coronate hillary.
So, everything that prospered in the last four years is being destroyed, even if it means the death o0f America. Anyone that stands in the way, will be removed, silenced, or in some form, die.
They are looking to finish the job of fundamentally changing America that was started by Obama. Their plan has been laid bare by the election of Donald Trump. Now they must accelerate, making their devious plan more obvious.
The Demonicrats steal oxygen and exhale treason.
If Trump ever had a good idea, the democrats would be 180 degrees against that idea even if it hurt the country, just to try to show that Trump was stupid, and the democrats are always right.
This insanity has cost lives and billions.
That is right. Biden was told he would be president, meaning he’d have secret service people around to change his diapers, if he would go along with everything they wanted him to do.
And so, he moved into the White House, along with the powers behind the democrat party who are doing the job of the president in secret. We know they’re there because biden can’t possibly be working on laws, EOs, foreign policy and speeches by himself.
They prepare bills and EOs for him to sign. They set up the teleprompter. They create and print out the “notes” (cheat sheets). They are at the microphone speaking orders into his earpieces. (We saw him the other day not know what to say, then he listened, and said something almost coherent.)
It’s a good idea to wonder how a once-great country got to this point. How the democrats implemented the communist playbook with expertise. How so many “Americans” are ready to condemn and trash their country. How a once-prosperous country was forced into recession in order to prevent the reelection of a man who sincerely loves the country. How millions were convinced that they would save the world by walking around with face bikinis. How did it happen? How to prevent it from happening again if we ever recover?
Yes, what you say is true. However to me even more scary is how feckless and craven the GOP is in the face of utter tyranny.
Where is the GOP resistance? Where is the ground swell of opposition???? The GOP is AWOL.
Enjoy your high gas prices, Biden voter.
When gas goes up, so does everything else.
> Biden voter.
No such thing as blue states, only ones with chronic election theft.
Exactly. The GOP politicians, for the most part are careerists, and are seeking not to alienate themselves from “the system”, so they can cash in later. That’s why they are such good “gentlemanly losers”.
They are so hard to displace.
Liberals will never figure out that free markets only work when they’re left alone. Trump looked like a genius when he wisely just let the market operate. Democrats just can’t leave well enough alone.
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