The law of supply and demand is as consistent as gravity.
Seventy percent of Americans, who understand the benefits of large-scale supplies, are in favor of increasing oil and gas production in the country.
However, President Joe Biden, his administration and Democrats in Congress think voters will: 1) buy their fraudulent excuses for rising fossil fuel costs and 2) ignore the shortcomings of alternative energy schemes they intend to ensure “energy independence”. ».
Today, energy prices are destroying America’s economy.
Characteristically, Joe “Bucks (never) stops here” Biden blames others, including Russia / Ukraine: “Putin’s war is already harming American families at the gas station … I’m going to do everything possible to minimize the rise in Putin’s prices here at home. “
Biden also falsely claimed, “It’s just not true that my administration or policy is holding back domestic energy production,” before blaming energy companies:
“For oil and gas companies … we understand that Putin’s war against the people of Ukraine is causing prices to rise. … But this is no reason to raise prices excessively or increase profits … to take advantage of this situation or American consumers. “
Pointing a finger at Biden is shamelessly dishonest.
Energy prices rose more than a year before Russia’s invasion of Ukraine.
During the 2020 primaries, candidate Biden promised: “No more drilling … There is no way for the oil industry to continue drilling, period. It’s over. “
Biden voters voted.
Then, on his first day in office, Biden signed ordinances restricting fossil fuel exploration, canceling federal land leases, killing the Keystone XL pipeline, and began pressuring creditors to limit funding for fossil exploration and production.
Energy prices have risen immediately, and today more than double.
Abnormally high energy prices are deliberate as a result of artificial shortages and market manipulations that are part of a broader left-liberal war against conventional energy that is being waged to fundamentally transform Western society.
Russia’s invasion of Ukraine has raised prices somewhat, but Joe Biden’s executive decrees and his commitment to the Democrats’ Green New Deal have already made it much more expensive to feed families, heat / cool homes, drive vehicles, run businesses and live normally. lives.
The president doesn’t seem concerned about the impact of his policies on households, and his assumption that ordinary Americans are stupid enough to take his deceptive excuses and give him a pass only adds to the insult to the trauma.
Speaking about the insults, part-time transport minister Pete Budegig condescendingly instructed Americans upset by record gasoline prices to buy electric cars (EVs).
The problem is solved, right?
Currently, average prices for EVs – after generous government subsidies – are $ 56,437.00. The average income in 2022 for full-time employees is estimated at $ 53,490.00.
In addition, the approximate break-even point for EVs compared to petrol vehicles is fifteen years.
What’s worse, the desire of Biden and one Democrat to use wind and solar energy to meet America’s shared energy needs is naive and dangerous.
In addition to being intermittent, unreliable and very expensive, solar panels and wind turbines require huge amounts of copper, nickel, cobalt, rare earth and other minerals, including lithium for batteries.
The International Energy Agency reports that, with the exception of lithium (Australia), China has a significant position in the deposits and extraction of these elements – and China dominates in the processing of all of them.
China controls more than 70 percent of the global solar panel market. Seven of the 10 largest wind turbine manufacturers are Chinese, and China controls 60 percent of the world’s wind turbine production.
If solar panels and wind turbines had worked properly, China would not have built dozens of new coal-fired power plants.
Even if it were possible to rely on wind turbines and solar panels, it would actually turn America’s energy sector – our economy – into a dangerous geopolitical competitor and make the United States almost completely dependent on the Chinese Communist Party.
In a healthy world, everyone could agree with nuclear energy – like France and Finland – as a much cheaper and more practical source of energy. But America’s national climate cultists-suicides are also abandoning zero-emission nuclear power.
America was the largest oil producer in the world before Joe Biden took office. The United States and Canada have tens of billions of barrels / cubic feet of available fossil fuels underground – centuries of reserves.
Remember that seventy percent of Americans want to mine and use ours.
Their staunch disregard for ordinary Americans is another reason why Joe Biden and Democrats who support his energy policies will reap the storms in November.
Contact Jerry Shank’s reviewer at jshenk2010@gmail.com
