Posted on 04/18/2022 2:56:52 AM PDT by Kaslin
The Biden administration, like all political enterprises, loves to take credit but is loath to confess mistakes. Biden is currently looking for someone, anyone, to take the fall far escalating gasoline prices. A favorite scapegoat is the oil and gas industry.
According to many Democrats, the industry is a blight on humanity that must be canceled. High oil prices fit the DNC playbook, so be prepared to view morose montages displaying diabolical men drilling dirty oil wells. In an odd turn of events, these diabolical oil executives are being scolded because they aren't drilling oil wells as quickly as President Biden would like. Some Democrats accuse executives in the oil industry of being unpatriotic in light of the Russo-Ukrainian war (read: Putin's price hike). Industry executives would respond more favorably to a coherent energy policy than harassment by politicians.
Government policies related to the COVID pandemic reduced demand for oil, so the industry stopped drilling activities. As the pandemic abated, and the economy improved, the Biden administration took office intent on canceling the oil industry. As demand for oil increased, the industry wasn't inclined to invest in drilling. Oil companies enjoyed higher prices after a difficult year, while lenders and investors, burned by the 2020 bust, resisted financing new ventures. The industry was content to earn money on existing production and hesitant to invest capital in the unfriendly environment the Biden administration had created.
The Biden administration only recently began permitting oil and gas leases. When asked if the Biden's people would support increased oil production, the White House response was that "there are 9,000 oil leases the oil industry isn't tapping into currently."
(Excerpt) Read more at americanthinker.com ...
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I do not understand how a president can unilaterally open and/or close the energy spigot. Weak legislature? Weak citizenry? Both?
The policy is very plain: destroy American energy, except when election is near. “Hate America” is in control.
The policy is clear. Keep gas at around $4.00 per gallon.
Not true! The policy is to prevent domestic production of available energy supplies using mature technologies and destroy the domestic industry. Instead the government wants to force the use of pie in the sky new high cost “green” technologies decades before they are economically viable if ever.
“The Sad Truth: America Has No Energy Policy”
That’s because the Biden administration has no clue for solving problems ... their only talent is creating problems.
Of course, if the people get screwed then the government likes it along with their corporate friends. If they don't punish Americans with high prices then there is no incentive to push EV's and buy EV's.
I disagree there is a policy of sorts and it is a war on fossil fuels designed to push America into a green utopia run by windmills and made in China solar farms. The elites either naively believe this is possible without creating poverty, food shortages and deaths due to severe heat and cold temperatures or they realize the green utopia is a sham and is just a vehicle to end capitalism and free society and bring about an all controlling government.
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