Biden's disastrous energy policies
During the pre-COVID-19 Trump era, the low price of gas helped sustain an economic boom that brought wage increases for lower-class workers and spurred unprecedented low levels of unemployment.
The main reason for the low gas prices was that a huge surge in domestic and North American production was driving prices down. Even more importantly, the production was freeing the United States energy market from the vagaries of Middle Eastern politics and weakening such malign actors as Russian President Vladimir Putin, whose ability to sow chaos depends upon oil revenue.
During that period, thanks to fracking technology and a federal government committed to commonsense regulation, the U.S. became the world’s leading oil producer. It also became a net exporter of oil, even as the nation decreased carbon emissions, thanks to the surge in natural gas production.
Unfortunately, President Joe Biden has been determined to undo this progress ever since he took office. He halted construction on the Keystone XL pipeline and banned new leasing for energy on federal lands. He happily indulges the delusions of extremists who believe the U.S. must enter an age of managed decline and lower living standards in order to stave off an imaginary apocalypse.Yet even as he is taking specific steps to cripple the domestic energy industry, Biden recognizes that he is harming motorists. He fears the political consequences, and rightly so.
This is why, even as he bows down to environmentalist fanatics by maiming his own country’s energy industry, Biden is for at least the second time this summer pathetically begging OPEC, the international oil cartel, to increase production in order to bring prices down.
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From Facebook "fact-checkers" to big media the left defended this ridiculous policy. Now their credibility along with Biden's have blown up in their face. They may be "true believers" in the end times, but the fact is they are the ones destroying this country and harming the workers.
It is absurd to even think that OPEC and Russian production are less harmful to the environment. The whole concept of the Biden energy policy is absurd. The push for electric cars is also absurd. Where do they expect to get the electricity? California is already proving that relying on wind and solar energy production is a losing proposition.
See, also:
Joe Biden broke America's oil production — and now he does this
And:
Biden’s energy idiocy: Kneecap US oil but beg OPEC to pump more
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