Posted on 06/15/2022 1:53:35 PM PDT by Heartlander
If you think gas prices are high now, just wait. They're going to get much higher, thanks to President Joe Biden's "irreversible" plan to eliminate fossil fuels. Truth is, your pain at the pump is being planned and executed by the White House.
Over the weekend, buyers paid $5 a gallon to fill the tank — or roughly $100.
Gas prices have doubled since Biden took office. J.P. Morgan analysts predict $6 a gallon by August. And experts warn this crisis will continue even after Biden's term ends because he's dismantling fossil fuel production.
When Biden was running for president, he promised to shut down oil producers: "No ability for the oil industry to continue to drill, period." He pledged to put the country on "an irreversible" path toward "doing away with" fossil fuels."
On Day One as president, Biden shut down the Keystone Pipeline, sending a message of no new pipelines anywhere, period.
In the months that followed, he stopped all sales of leases to drill on federal lands or offshore meaning zero new leases allowing oil to be brought out of the ground.
And in September, House Democrats introduced legislation to stop banks from lending money or investing capital for new or expanded fossil fuel production. That legislation hasn't passed, but it sent a clear message. The oil industry is being shut down.
Now, as outrage over gas prices push Biden's poll numbers down, Biden is trying to shift the blame. He told Jimmy Kimmel last week that oil producers refuse to expand operations: "Why aren't they drilling? Because they make more money not producing more oil." He accused oil companies of deliberately "making things worse for American families."
Sorry, Mr. President, that doesn't pass the laugh test, even on late night TV. It's sheer demagoguery.
Biden confessed his actual plan just six weeks ago, when gas was already over $4 a gallon. He marveled at the "incredible transition" of the U.S. economy away from fossil fuels. "God willing, when it's over," we'll be "less reliant on fossil fuels."
In a congressional hearing that same week, Biden's Secretary of the Interior Deb Haaland repeatedly declined to agree that gas prices were too high. Climate zealots in the Biden administration want high prices to deter the public from buying gas.
Biden's media toadies are singing the same song. High gas prices will force us to make "good choices," claims Washington Post columnist Eugene Robinson. "The right-long term solution, for the sake of the planet, is not increasing the supply of fossil fuels." It's to compel consumers to switch to electric vehicles.
It's one thing to choose electric vehicles. Soviet-style compulsion is another matter. EVs are about one-third more expensive than gas-powered cars. Another problem, EVs generally go about 200 miles on a charge, and less in cold temperatures, according to Consumers Reports. About a quarter of charging stations are broken at any one time. Imagine running low on a charge and driving into a charging station that's out of order. When EVs are ready for prime time, the Wall Street Journal's Allysia Finley concludes, consumers will decide to buy them.
In the meantime, people are feeling pain at the pump. And Team Biden is rolling out the blame game.
Playing defense, a gas station outside St. Paul, Minnesota, put up a sign telling its customers, "We hate our gas prices too." That's credible. Gas stations are not to blame for today's prices, according to an analysis in Barron's.
House Democrats eyeing the polls are trying to fault "price gougers" and are urging the Federal Trade Commission to punish oil companies that charge "excessive" prices.
It's all theatrics. The FTC has concluded several times that gas prices are the result of market conditions, not illegalities — rising demand and inadequate supply.
Who's to blame for inadequate supply? Worldwide, there are many factors, but here in the U.S., blame drivers with Biden bumper stickers. They heard candidate Biden announce his "irreversible" plan and they voted for him anyway.
“No ability for the oil industry to continue to drill, period.”
People voted for this, that’s what is really amazing.
naaaa it’s all fixed. slow joe just told the oil companies to pump more!
(since everyone else told him to beat it)
$6 would be TRIPLED here..
it was right at 2 bucks here when slow joe “won”.
Yep. Many Biden voters think they can have their cake and eat it too. Cheap gas and environmentally friendly policies.
$10 gas will put the Fed rate hikes in the crapper
He marveled at the “incredible transition” of the U.S. economy away from fossil fuels. “God willing, when it’s over,” we’ll be “less reliant on fossil fuels.”
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And less reliant on food and more reliant on brown and blackouts
We give up cheap and abundant energy (oil) for expansive, unreliable, unstorable energy (wind and solar). May as well go back an live in the Middle Ages.
No, they mostly just emote. ;-)
The Democrats will continue to lose power at that rate. Hispanics are already alienated by their policies. And if this keeps up, the Republicans may be able to peel away the Blacks too (but probably not).
Bttt.
“The White House on Wednesday accused American oil companies of using the war in Ukraine to achieve record profits, urging them to produce more gas.”
https://freerepublic.com/focus/f-news/4071345/posts
Obama thought what he was doing to oil was irreversible, too.
Meanwhile China and India are adding to their thousands of coal-fired power plants. What Bidet is doing is taking down the country, not helping “GoreBull warming” (if it even exists).
The Democrats will continue to lose power at that rate
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The Democrats losing power is not a reality, and after 2020, may never be - no matter what the polls and primaries show. Its the fall election that counts, and by some it will not be a red wave, but a ripple.
i paid 6.25 for premium today cost was 67.00 for 11 gal FJB
You may be right. Democrats' strength is with the Liberal Whites Elite that live in Urban areas. Blacks who needs the benefits. We'll see if the Hispanics are leaving the Democrats' plantation.
Unprintable.
Next will be a water shortage like in californicate. We will all be required to dig an outhouse in the back yard.
Maybe Honey Buckets like in china because of the fertilizer shortage.
"While the barrel of crude oil is about 42 US gallons it does less than have of it is refined into Gasoline... A barrel of crude oil can produce about 19 US gallons of gasoline, 10 gallons of diesel, 4 gallons of jet fuel and another 9 gallons of other oil products"
Do the math.
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