Biden energy policy a key factor in inflation

 Daily Caller:

CNBC editor Rick Santelli unloaded on the Biden administration on CNBC’s “Squawk Box” Friday morning, saying anti-fossil fuel policies helped to spur inflation.

“What was the forward guidance with this administration on energy?” Santelli asked. “We know the answer. Maybe they can’t get things to happen faster, but by giving positive forward guidance, by not closing pipelines, by not talking pre-election about how much they don’t like fossil fuel, maybe things would have turned out a bit different.” (RELATED: ‘Get Back In Your Lane’: Tucker Carlson Slams Yellen For Focus On Global Warming, Gun Crime Amid ‘Imploding’ Economy)

The Biden administration revoked the permit for the Keystone XL pipeline in January 2021 and canceled plans for offshore lease sales in May. Many experts argued that the Biden administration’s disincentivizing of oil and gas production caused the higher prices.
...

“I will say that out of all of the above, energy, energy, energy,” Santelli said about the cause of inflation as the Bureau of Labor Statistics reported Friday that the Consumer Price Index hit 8.6%, its highest level since 1981. Gas prices surged above $5 a gallon Thursday, according to GasBuddy.
...

This is something I have been saying for some time and finally, others are getting the point. Biden is driving up the cost of producing goods and services and getting things to market with his anti-energy policy "transition."  Democrats should have to pay a political price for their energy nonsense.

See, also:

Several factors are converging to push gas prices higher

The AP tries to explain it but they mostly ignore Biden's idiotic energy policy which is the primary problem. 

And:

GREAT MOMENTS IN GASLIGHTING: WaPo: $5 gas is largely Putin’s fault.

The libs continue to excuse Biden's war against domestic production which is the primary reason s for the gas price increase and for funding Putin's war in Ukraine. 

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