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Good morning. I see that NPR is suddenly quite concerned about Biden being blamed for inflation.How insanely naïve to think shutting down domestic oil and gas production, killing the Keystone pipeline, pumping up the money supply and infusing the economy with a seemingly endless stream of COVID stimulus dollars (aka Biden's $1.9 trillion American Rescue Plan) could possibly cause inflation. All the smart people know that inflation is the fault of the belligerent people who refuse to get vaccinated – and Trump, of course.So the Powerful Left has no choice but to shutdown conservative voices that are spouting misinformation in...

As winter bites, Europe is facing a gas shortage. A cold snap has coincided with lower volumes of gas exports from Russia, forcing a big spike in prices. Consumers and businesses across the continent are facing a steep increase in their bills, with governments scrambling to cushion the impact. And analysts warn it could soon get worse. Moscow plans to build a new pipeline to China, which could give Russia the power to sell gas to the highest bidder, pitting Chinese and European consumers against one another. Chinese economy From the frozen expanses of Siberia, Russia already is sending some...

It likely won't be until March, as temperatures rise and spring break nears, that "we'll start to see gasoline demand surge, along with refiners doing maintenance ahead of the summer driving season, creating a squeeze," Patrick De Haan, the head of petroleum at GasBuddy told FOX Business. As a result, drivers may see a "much more pronounced increase in prices" from March to May, according to De Haan. The national average price for a gallon of gasoline in the U.S. rose to $3.31 this week, up 1.3 cents from a week ago, according to GasBuddy data. This marks the third...

Over the past three years, dozens of cities across the country have banned natural gas hookups in newly constructed buildings as part of a growing campaign to reduce carbon emissions from homes. The movement scored a major victory last month, when New York City’s outgoing Mayor Bill de Blasio signed into law a ban on gas hookups in new buildings. Though new laws apply to the entire home, the policy debate often focuses on one room in particular: the kitchen. Gas stoves account for a relatively small share of the emissions released by a typical household, but they’ve become a...

Skyrocketing gas prices are sparking major concerns in the UK, with households bracing for higher bills and food prices. The energy crisis has already hit millions of Brits, but is set to hit more still. The UK is highly dependent on consumer spending to generate output, indicating the economy could still be in the mire heading into the spring. A wave of concern over the swelling cost of living is sweeping across Britain. While households are bracing for higher tax bills and are already being stung by food prices leaping, it is swelling energy costs that will hit hardest in...

The European Commission is facing a furious backlash over plans to allow gas and nuclear to be labelled as “green” investments, as Germany’s economy minister led the charge against “greenwashing”. The EU executive was accused of trying to bury the proposals by releasing long-delayed technical rules on its green investment guidebook to diplomats on New Year’s Eve, hours before a deadline expired. The draft proposals seen by the Guardian would allow gas and nuclear to be included in the EU “taxonomy of environmentally sustainable economic activities”, subject to certain conditions. The taxonomy is a classification system intended to direct billions...

The European Union’s executive Commission is considering whether to include nuclear and natural gas in its “sustainable finance taxonomy”, a rulebook that will restrict which activities can be labelled as climate-friendly investments. “We are going to have most likely a discussion tomorrow in college, which then will lead… to approval next year,” EU environment commissioner Virginijus Sinkevičius told a news conference on Monday, referring to the Commission’s weekly “college” meeting.

The New York City Council on Wednesday voted to ban natural gas lines in new buildings as a way to combat so-called climate change. Outgoing Democrat Mayor Bill de Blasio is expected to sign a bill into a law that will ban new gas stoves, boilers, and heaters. “We’re making it clear that the next generation of buildings will be electric buildings,” Ben Furnas, de Blasio’s director of climate and sustainability, told Yahoo News. “We’re sending a message to the world that if you can do it here, you can do it anywhere.”

The Labor Department reported Friday the U.S. consumer price index rose 0.8% in November, compared to October. The increase marks a 6.8% increase over the previous year, the department also reported, marking the highest annual inflation rate since June 1982. Wall Street expected the month-to-month index to reflect a 0.7% gain for November, according to CNBC. Under the Biden administration, the CPI increased 0.9% in October, compared to the previous month. The index report from the department's Bureau of Labor Statistics gauges inflation by measuring the cost of dozens of items from such everyday goods as gasoline and food to...

President Biden on Wednesday said his administration would make sure that Americans are not being “gouged for gas,” noting the recent decline in prices. Biden credited his administration’s decision last month to release 50 million barrels of oil from the nation's Strategic Petroleum Reserve during a speech in Kansas City where he said the average price of gas had fallen below $3 per gallon.

Three top oil producing states run by Republicans were absent from a letter warning Wall Street financiers of consequences over woke capitalism.West Virginia Republican Treasurer Riley Moore led a coalition of 15 states last month highlighting $600 billion in assets they pledged to take from banks that embrace corporate wokeism and refuse to bank equally with fossil fuel companies. “Just as each state represented in this letter is unique in its governing laws and economy, our actions will take different forms,” Moore wrote. “However, the overarching objective of our actions will be the same – to protect our states’ economies,...

The agency supervising public utilities in Pennsylvania warned that many energy companies will raise their prices on December 1. In a statement, the Pennsylvania Public Utility Commission said that there will be “potentially large winter energy cost increases” in many areas: Most Pennsylvania regulated electric utilities are adjusting the price they charge for the generation portion of customers’ bills on December 1 for non-shopping customers, also known as the “Price to Compare” (PTC). The PTC averages 40% to 60% of the customer’s total utility bill. However, this percent varies by utility and by the level of individual customer usage. The...

A new Department of the Interior (DOI) report on oil and gas leasing in federal lands and waters advises the DOI’s Bureau of Land Management (BLM) to raise royalties, rental rates, and other fees on oil and gas companies but has not moved to halt new leasing entirely. During his 2020 presidential run, President Joe Biden’s campaign website claimed that his climate plan would include “banning new oil and gas permitting on public lands and waters.” The DOI report (pdf), issued in response to Biden’s Jan. 27 executive order, was quietly published on Black Friday after months of delays. DOI...

WASHINGTON (AP) — The Biden administration on Friday recommended an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water. The long-awaited report by the Interior Department stops short of recommending an end to oil and gas leasing on public lands, as many environmental groups have urged. But officials said the report would move toward a more responsible leasing process that provides a better to return to U.S. taxpayers for oil and gas drilling on the nation’s...

The largest utility company in Southern California cut power to thousands of customers across higher elevations of Los Angeles, leaving many households without electricity for Thanksgiving. Edison International’s Southern California utility cut power to 32,036 residential and commercial building structures in Los Angeles, Orange, Riverside, San Bernardino, and Ventura counties to prevent wind storms from toppling power lines that would stoke fires in the drought-stricken region. The utility projects up to a quarter-million customers could lose service around Los Angeles and San Diego. ... Edison warned more customers are likely to lose power, and San Diego Gas & Electric, another...

U.S. taps 50 million barrels of oil from reserves in an attempt to tamper spiking costs at the gas pump.. resident Biden’s move to tap the U.S. Strategic Petroleum Reserve is expected to supply Chinese and Indian oil needs as gas demands have led to global shortages.. The White House said the Department of Energy will release 50 million barrels of oil held in U.S. reserves — 18 million of which have already been congressionally approved for sale. China and India have been actively purchasing U.S. sour crude oil produced in the Gulf of Mexico ... U.S.-produced sour crude oil...

President Joe Biden promoted his efforts to lower gas prices on Tuesday, but he reminded Americans they would save more money on gas if they owned electric cars. “For the hundreds of thousands of folks who bought one of those electric cars, they’re going to save $800 to $1000 in fuel costs this year,” Biden said, referring to the $112,595 electric Hummer pickup he test drove at a General Motors factory in Detroit earlier this month.

I'm curious if anyone here has seen any Joe Biden stickers at their local gas station or anywhere else where Biden inflation is happening. There appear to be several versions of these stickers that you can buy on Amazon and elsewhere. It's often a picture of Biden with a "I did that!" caption.

A federal judge on Monday issued a nationwide injunction on President Joe Biden’s executive order to halt oil and gas operations on all federal lands in the name of fighting so-called climate change.

WASHINGTON—President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high. In a Wednesday letter to FTC Chair Lina Khan, Mr. Biden alleged that there is “mounting evidence of anti-consumer behavior by oil-and-gas companies.” He said gasoline prices are rising even as the price of unfinished gasoline goes down. “This unexplained large gap between the price of unfinished gasoline and the average price at the pump is well above the pre-pandemic average,” Mr. Biden wrote. “Meanwhile, the largest oil-and-gas companies in America are generating significant profits off...