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Northeast Faces Winter Energy Crisis as Biden Promises ‘No More Drilling’
The Washington Free Beacon ^ | November 7, 2022 | Philip Caldwell •

Posted on 11/09/2022 8:05:05 AM PST by george76

Joe Biden and other Democrats promise to curtail U.S. domestic oil production, the northeastern United States could face a historic energy crisis as temperatures fall this winter, burdening an energy economy already beset by record-high prices and oil shortages.

Signs of vulnerability in the Northeast have been apparent in recent months, Bloomberg reported, with retailers already rationing oil as stockpiles of diesel and heating oil are at a third of their normal levels. Those unfavorable conditions could bring about challenges to the Northeast's energy infrastructure that would be unprecedented in most Americans' lifetimes, according to Bloomberg:

Add some cold to the mix, and in the best-case scenario, Northeast consumers will shoulder the highest energy bills in decades this winter. The Biden administration, under pressure to tame prices ahead of the midterm elections, is considering ways to stash more diesel and gasoline in New England. In the worst-case scenario, a cluster of states with a combined economy bigger than Japan's will run out of fuel to keep the lights on and heat homes and businesses.

Even as the Northeast is facing energy shortages, Biden at a campaign event in New York on Sunday reiterated his commitment to shut down the U.S. fossil fuel industry. "No more drilling," Biden yelled at a climate protester in the crowd. Meanwhile, in Michigan, Democratic lieutenant governor Garlin Gilchrist on Saturday promised to "close more coal plants" to "strengthen our state's response to the climate crisis."

The threat of energy instability poses a difficult conundrum for the Biden administration, according to Bloomberg, because the administration may have to choose between boosting oil exports to European allies facing economic pain through their participation in sanctions against Russia and keeping oil supplies at home to help U.S. consumers.

Consumers in the Northeast are expected to face a punishing winter, with energy bills 23 percent higher than last year. And homes that rely on heating oil, of which there are many in New England and the Mid-Atlantic, may pay twice as much to heat their homes than the typical northeastern family, Bloomberg reported.

The Northeast isn't the only U.S. region facing a historic energy crisis. Last month, a major fuel supply company warned that conditions in the diesel supply market are "rapidly devolving" and that it expects several southeastern states to experience a serious diesel shortage.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; US: Maine; US: Massachusetts; US: New Hampshire; US: Vermont
KEYWORDS: crisis; energy; energycrisis; oil
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To: george76; Roman_War_Criminal; SaveFerris; null and void; Tilted Irish Kilt; Pollard

Ping


41 posted on 11/09/2022 9:37:15 AM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: Nathan _in_Arkansas
let them freeze

Especially the dim Dems in Pennsylvania. I have no sympathy for people stupid enough to vote against their own interests.

42 posted on 11/09/2022 9:46:53 AM PST by Schatze (It's better to keep your mouth shut and appear stupid than to open it and remove all doubt.)
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To: qaz123
if they freeze to death ... I bet they’ll still be voting for Democrats for years to come.

Yep. The dead always vote Democrat.

43 posted on 11/09/2022 9:52:21 AM PST by Schatze (It's better to keep your mouth shut and appear stupid than to open it and remove all doubt.)
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To: gr8eman
they are all moving south as we speak!

Maybe Florida should set up checkpoints to stop Pennsylvanians from entering unless they can prove they voted Republican in 2022.

44 posted on 11/09/2022 9:59:26 AM PST by Schatze (It's better to keep your mouth shut and appear stupid than to open it and remove all doubt.)
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To: Nathan _in_Arkansas

They will still blame Trump and the republicans as they shiver around an organic bees wax candle in the dark.


45 posted on 11/09/2022 10:01:18 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: In_Iowa_not_from

Listen pal we’re not all liberals out here.


46 posted on 11/09/2022 11:45:20 PM PST by jmacusa (Liberals. Too stupid to be idiots. )
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To: jmacusa

Well aware of that— just as not everone in Cuba is a communist. But you are behind enemy lines and it would probably be a good idea to leave before the iron curtain comes down (and if you are a homeowner/landowner, while your real estate still has value). Sooner or later, the communist-democrats are going to realize that they need to prevent the productive wageslaves from fleeing their wokester’s paradise. When this country breaks apart, you don’t want to be on the wrong side of the barbed wire.


47 posted on 11/10/2022 8:48:29 AM PST by In_Iowa_not_from
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To: Nathan _in_Arkansas

These fools voted to “stay the course” ... so let ‘em suffer the consequences of their decision to put their fate in the hands of FJB and Butt-gag.


48 posted on 11/10/2022 8:50:10 AM PST by glennaro (Never give up ... never give in ... never surrender ... and enjoy every minute of doing so.)
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