Biden energy plan up in smoke

 Matt Vespa:

Joe Biden is at the G7 Summit. Soundbites of the world leaders mocking Russia were picked up. With the Supreme Court news about Roe v. Wade being overturned and gun rights expanded, the Left is in meltdown mode. So, this devastating update probably got lost in the ether. Biden’s energy plan is toast. It got blown up. It shows Biden being outmaneuvered by our allies. The way it was done also shows that Europe knows this presidency needs to be pushed along—a lot. It was the clearest sign of the weakness exhibited by Biden. The gross incompetence is pervasive. Within earshot of reporters, you can see French President Emmanuel Macron telling Biden that the United Arab Emirates is already at capacity with oil production and that Saudi Arabia cannot produce much more either. 

...

Biden was counting on these two nations to bail him out. Now, they can’t. As Michael Shellenberger noted on social media, this means the US has to up the ante on domestic oil production. That means doing all the things the environmental Left hates. It means nixing any notion that the Green New Deal is a viable policy. It means infuriating Alexandria Ocasio-Cortez and her supporters. 

...

Biden's energy scheme never made any sense.  It drove up cost and drove up pollution by just getting the foreign oil into the US instead of using domestic production.  US energy production also reduced the world price of oil by increasing production.  Biden's blocking of US production from off-shore wells and Alaska's ANWR  was an idiotic move that mainly benefited foreign producers. 

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