When he announced last week that he would release more oil from the American Strategic Petroleum Reserve, President Joe Biden told the American people he is doing everything possible to bring down gas prices at the pump.
That’s a lie. This administration and the climate change crazies have declared war on American energy.
They want high oil and gas prices. The Biden master plan is for American oil and gas production and consumption to go to zero over the next 15 to 20 years. How do you achieve that goal? By making oil and gas so expensive and so unavailable that Americans are forced to use alternatives.
In other words, the fact that gasoline is roughly $1.25 more expensive per gallon today under Biden than it was a year ago under former President Donald Trump didn’t happen by accident. This was not a result of a natural disaster, such as a hurricane, that could knock out our oil facilities. This was by design.
The left believes that they can change the temperature of the planet by forcing American energy companies to produce less oil and to force Americans to use less of it. How do you get people to buy less of something? You raise its price. This is basic high-school introductory economics.
Some on the Biden team have inadvertently admitted this. Cornell University professor Saule Omarova, a high-ranking Biden nominee for one of the country’s leading regulatory agencies, said she wants to “bankrupt” U.S. oil, gas and coal companies — and apparently has no problem putting roughly five million Americans into unemployment lines. Biden’s appointee to be vice chairman of the Federal Reserve Board, Lael Brainard, was asked at a congressional hearing recently if she thought high gas prices were a problem. She hemmed and hawed and refused to answer with a simple “yes.” Instead, she explained that this is a “complicated” issue. How is this complicated?
U.S. oil production is down roughly two million barrels a day from the peak production under Trump prior to COVID, yet Biden recently blamed high oil prices on the Saudis and the OPEC nations for holding back supply. Hello! That is exactly what cartels do. They use their market power to jack up the prices so they can maximize their profits.
Trump broke the back of OPEC by making the U.S. the dominant energy-producing nation in the world. Biden has handed back that power to the Arab oil sheikhs and Vladimir Putin in Russia. Now they are gouging us. What a shock!
Texas Gov. Greg Abbott said it well in August that Texas “can easily produce that oil” if Biden “will just stay out of the way.”
He won’t.
The Biden administration strategy is to force-feed the American economy expensive, unreliable and made-in-China wind and solar energy. His $3 trillion Build Back Better bill would dole out more than $500 billion of taxpayer dollars to the wind, solar and electric vehicle industry to break the back of oil and gas production. If this energy source is so efficient, why does it need a half trillion dollars of your and my money?
Meanwhile, nearly every Biden policy has been deliberately aimed at killing U.S. oil and gas production — from killing the Keystone XL pipeline to trying to shut down other existing natural gas pipelines in the Midwest (Home heating costs are going way up this winter.) to shutting down much of Alaska oil production to new Environmental Protection Agency rules making it very difficult and expensive to drill here in America. He is also preventing the mining of American coal, which is still one of the dominant sources of electric power around the world. He also wants to raise taxes on the oil and gas industry.
Now, let’s be honest. Do any of these policies suggest that Biden and his liberal friends in the green-energy movement want to keep oil and gas prices low? If you answer yes to that, you probably believe that Al Gore invented the internet.
Stephen Moore is a senior fellow at Freedom Works. He served as a member of President Trump’s Economic Recovery Task Force. To find out more about Stephen Moore and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.
It’s not really a secret, this was one of the goals stated by the Barach Obama campain, $6.00 + per gallon to make it so expensive the green energy corporations heavily subsidised would become viable, that is before they failed to produce. This is a mere retread but the same problem still exists, alternate fuel sources have not become reliable enough or cheap enough to produce in levels needed to sustain the needs of today let alone the future.
Electric cars? Huh! Electricity is more expensive than gas….
Exactly. HE WANTS to punish us, for DARING TO elect trump….
The fact that gasoline is roughly $1.25 more expensive per gallon today under Biden than it was a year ago under former President Donald Trump didn’t happen by accident. This was not a result of a natural disaster, such as a hurricane, that could knock out our oil facilities.
This was by design.
And we ALL Know that when energy prices go up, EVERYTHING goes up. including TAXES.
IF WE THE PEOPLE DO NOT DESTROY THIS TREASONOUS SOCIALIST DEMOCRAT PARTY,
THEN THIS REASONOUS SOCIALIST DEMOCRAT PARTY WILL DESTROY THE COUNTRY AND OUR CITIZENS!!!
Paychecks don’t!
They will for .gov employees.
OF course it was planned.. WHAT Exactly did he do in his fist MONTH! Cancelled TWO KEY PIPELINES!
Of course he does. And not just on gasoline. Everything is going up in price and that is likewise a strategic move on his part. Biden is anti-America and anti-American people. Couple his economic disaster with the wide open southern border and his showering of benefits on illegals, it is abundantly clear that he wants to destroy this country.
Whatever ill may befall Biden can’t come soon enough nor can it be severe enough.
LET’S GO BRANDON
“LET’S GO BRANDON”…… Flock puppet Joe Biden and the whorse VP giggles.
And his treasonous masters.
The object of the treasonous socialist Democrat Party is to force everyone to be dependent on the treasonous socialist Democrat Party for everything. And the treasonous socialist Democrat Party becomes your master and We the People become their servants, slaves and wards of the treasonous socialist Democrat Party dictatorship. The demented Joe Brandon already thinks he is the dictator.
Yet they live on, to screw Americans for yet another day…. (sad, SAD)
The .gov figures those Wuhan Flu relief checks paid for the pleasure. Bend over and smile!
NOR TO EVERY other traitor in office, AND ALL THEIR demented voting base, who PUT THESE TREASONOUS hacks there…
So much for helping the working class.
He is helping us.. BECOME more and more miserable…. More and more dependent on UNCA Govt…
“President Joe Biden told the American people he is doing everything possible to bring down gas prices at the pump.”
Don’t hold your breath. O’Brandon reversed president Donald Trump’s production policies and nearly doubled prices in under a year. Asked about it a month or so ago he said he had NO ANSWER to the crisis. In other words: Clueless! (He also let slip the fact that releasing reserves would get us less than a week of pennies of relief.
He’s most likely doing everything he can think of.