Posted on 07/31/2022 6:31:08 AM PDT by rktman
Speaking at an economic forum in June, President Joe Biden said Russia’s brutal and unprovoked attack on Ukraine had sparked a global crisis that has refocused attention on the need for energy stability and security. He noted that, “In the United States, I’m using every lever available to me to bring down prices for the American people.”
Yet long before Russia’s attack, several alarming trends were well underway that contributed to the underinvestment in oil and natural gas development and increased the sizable gap between energy supply and demand as markets rebounded from the pandemic.
Far from using “every lever available” to lower prices or increase energy supply, the White House appears headed in the opposite direction. Three policies the administration is considering as part of an “emergency” action threaten to intensify the situation and should be scrapped.
First, the Biden administration should reject the idea of a ban on oil and gas leasing on federal lands and waters and immediately commit to a robust leasing plan for oil and gas development in the Gulf of Mexico. The American Petroleum Institute (API), along with the National Ocean Industries Association (NOIA), recently conducted a study by Energy and Industry Advisory Partners that found that a delay in Gulf of Mexico leasing could result in reducing U.S. oil and gas production by nearly 500,000 barrels per day between 2022 and 2040 and cost approximately 60,000 U.S. jobs.
(Excerpt) Read more at realclearenergy.org ...
Politicians are famous for telling fibs.
Biden has taken lying to a level never seen before.
FJB will definitely make it worse ... it’s what he does best: double/triple down on what hurts Americans & helps our enemies the most.
biden is a walking talking F up......may be the only time obama ever told the truth in his life was when he said never underestimate bidens ability to F things up.
If it can be made to be worse you can count on him making it so.
Only thing to do now is like with obama......take the house back and stop the hemmhoraging that’s destroying our country.
Climate change is about saving the planet the same way CoupFlu policy is about protecting public health.
Some of us are still talking about Biden as if he were a rational, conscious man in charge of the government. He is not. Biden knows nothing. Biden decides nothing. Biden does nothing. The best description of this man I have heard is “sock puppet.”
He is a cardboard cutout. Nothing more.
The planet doesn’t “care” about us. 😥
Biden is what America looks like without an executive.
Or a legislative branch, for that matter. Congresspeople are too busy running their own rackets to worry about the nation.
We’re being run by an army of unelected bureaucrats.
They don’t care, all they care about is their agenda they are forcing down our throats
And padding their bank accounts. They REALLY care about that. Maybe aoc can get a new thingy to go under her kitchen sink and do whatever it is they do under the sink using some magic electrical switch on the wall.
I heard Charlie Casparino on Fox Business say the other day that he knows many people who regret voting for Biden because they never thought in a million yrs he would do what he is doing incl putting in a leftist cabinet
Exactly right. Biden was installed to be puppet of the NWO/Deep State overlords. They are in charge to advance their agenda of the destruction of America. Joe is doing a great job for them.
Charlie must know a lot of really stupid, outmof touch with reality people then.
Not only are Green policies raising the cost of gasoline and heating and cooling our homes they may be triggering global famine. Sri Lanka adopted the sustainable agriculture model and it caused a collapse of farming. The Netherlands is seeking to kick over 11,000 farmers off their land and take it out of production. Trudeau is seeking cuts in fertilizer use that will decimate farm production. The Biden administration is similarly seeking cuts in fertilizer use and largely ending cattle production in the name of preventing climate change. Global famine could be the result.
This energy crisis is a perfect front operation to make the public comply to the democrats plans control and power if it wasn’t the plan they wouldn’t be doing it.
All Biden has to do to end it is open the pipe line end restricting oil drilling and the push on banks to not lend money to drillers.
Just think what he and his party can get done in the next two years.
What an absolute bald-faced lie!
“Mr. President, Please Don’t Make This Energy Crisis Worse”
Since he said during the campaign he intended to destroy the fossil fuel industry why wouldn’t he make the crisis worse?
Hey all you 81 million folks that voted for him ... sorry yet?
Bttt.
5.56mm
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