Gasoline prices in America have risen significantly in the past eleven months. America is not longer energy independent. Partially because of the increased cost of gasoline, Americans are paying more for everything right now. President Biden has said that he is concerned. But what is he going to do about it?
The American Thinker posted an article today titled, “Joe Isuzu Biden: Concern-trolling high energy prices to voters — and working on the sly to raise them higher.”
The article reports:
Joe Biden has repeatedly claimed that high energy prices, including soaring prices at the pump, are some kind of priority for him. He’s made loud noises for the cameras about a couple of piddly measures of his to cut energy costs for consumers, which would at best be temporary and at worst, useless. But out on the sly, he’s stepping up his war on Big Oil, something he doesn’t want you to know about, which will raise energy prices. He’s still Creepy Joe.
The White House has stated in a press release that President Biden is doing everything he can to lower the cost of fuel for Americans. President Biden’s actions paint a different picture.
The article includes the following:
Oil and gas companies should pay more to drill on federal lands and waters, the Department of the Interior argued in a report released Friday, saying that the current rates were “outdated.”
Driving the news: The Department of Interior report said that the federal government’s oil and gas leasing and permitting program “fails to provide a fair return to taxpayers, even before factoring in the resulting climate-related costs that must be borne by taxpayers.
Note “the resulting climate-related costs that must be borne by taxpayers.” Climate change is not proven science. Why should the taxpayers be forced to pick up the tab for a theory?
The article continues:
Axios yaks a lot about the federal rate being lower than some private rates, but forgets that much of federal land for lease is utterly undeveloped, with zero roads, zero electricity, zero satellite transmission, zero internet, zero water, the works. The other thing is that many of these unexplored federal lands are pretty speculative. A rate would be high and would find a buyer were an oil company to be fairly sure it would get a good return on its investment, meaning, it knew the oil was there and waiting. With many federal lands, that’s pretty speculative, which would explain low rates.
The report cited was released on the Friday after Thanksgiving, a classic ‘Friday night news dump’ as they say, done with hopes that voters would not notice. An analyst cited by Axios noticed, however:
- “This approach could still significantly curtail future federal oil and gas production activity while remaining consistent with existing laws,” a note from research firm ClearView Energy Partners said.
The article concludes:
Biden is saying one thing, and doing another. Anyone with a brain can see that taxing energy companies at higher rates is going to have fewer companies taking chances. Anyone with a lick of common sense can surmise that shutting down pipelines is going to mean less energy and higher prices at the pump. Joe is hoping you don’t see that as he throws out his shiny strategic reserve bauble to distract you. Anyone with any degree of mental sharpness can see that Joe Isuzu is a three-card monte operator telling voters the sky is green and hoping they’ll be easy marks for it, believing him against the evidence of their own eyes. He seems to think we’re stupid.
Please follow the link to the article for further details. The difference between what the Biden administration is doing and what the Biden administration says it is doing is the reason people hate politicians.