Biden's plans to continue restrictions on drilling

 Jazz Shaw:

The “most transparent administration ever” certainly is establishing a track record for keeping things secret from the American public and that pattern is being repeated again this week. At a time when Joe Biden is threatening to impose new taxes and penalties on the oil and gas industry for “making too much money” and blaming them for the high cost of gasoline, a secret has slipped out from this administration. Katie Tubb at Heritage is reporting that there are a couple of nuggets of information to be found in a massive report recently released by Biden’s Department of the Interior. The report deals with the scheduling of drilling leases, particularly for offshore reserves (of which there has been exactly one thus far during Biden’s time in office) and how the White House plans to handle such auctions in the coming years. Tucked away in the lengthy document is a direct acknowledgment that energy prices would come down if leases were being offered on a normal schedule, but the administration is still considering a plan where the number of auctions might be… zero.

...

They know they are increasing the price of energy and that, in turn, is increasing inflation on other goods and services.  They are doing it on purpose. 

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more