Biden's war against American energy
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There’s a looming diesel shortage, with diesel stockpiles at their lowest record going back darn near 30 years.
The country is down to 25 days of diesel supply with stockpiles at their lowest level for this time of year in records going back to 1993. In the Northeast, where more people burn fuel for home heating than anywhere else in the country, inventories are a third of their typical levels heading into winter. National Economic Council Director Brian Deese called the levels “unacceptably low.” By late October, diesel prices had risen for more than two weeks to 50% above where they were a year ago.
What runs on diesel, besides people’s oil furnaces? Only, like, everything. And the dynamics of this crunch and the prices are pretty interesting as well. Without a doubt, Dementia Joe’s immediate actions upon assuming the throne were the catalyst for the precipitous decline to where we are right now, energy-wise. Period. Everything that has happened in the world since inflaming the energy situation would have been mitigated by our continued energy independence. Biden stripped us of that protection the second he got ahold of one of those fancy pens, and someone told him what to sign.
Biden just now said he's been "doing everything in my power to reduce gas prices," but that's false. He
– slashed acreage for oil/gas production
– killed the re-opening of a major oil refinery
– repressed private investment in oil/gas production by flooding market with SPR oil pic.twitter.com/w6zNyq6SUp— Michael Shellenberger (@ShellenbergerMD) October 19, 2022
They have maintained that ruinous course in spite of their baldly mendacious assertions to the contrary…
The Biden administration has leased fewer acres for oil-and-gas drilling offshore and on federal land than any other administration in its early stages dating back to the end of World War II, according to a Wall Street Journal analysis.
…and have been debasing themselves and this country, begging for oil and offering exorbitant amounts to pay for it – anything not to have to use our own natural resources.
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There is much more.
Biden has been deliberately destroying the US energy capacity while lying his head off about what he is up to. It is another reason whey he should be impeached.
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