President Joe Biden speaks to reporters after an occasion about infrastructure within the South Court docket Auditorium on the White Home advanced in Washington on Oct. 19, 2022.
AP
Group Biden’s power nonsense by no means stops. The most recent: a weird declare that Individuals are saving cash — $120 a month, or $420 million in complete since summer time — on the pump.
Sure, gasoline costs are down from their scorching-hot $5.01-per-gallon June peak to a still-painful $3.85. However, by all accounts, the principle motive for the drop was that Individuals diminished their driving in response to the sticker shock.
And that $3.85 is nonetheless 62% increased than when Biden took workplace.So there have been no financial savings in any respect.
Almost as pathetic is Biden’s new drawdown of our Strategic Petroleum Reserve: 15 million barrels, sufficient to cowl a puny seven-and-a-half days of diminished OPEC output.
And it will draw the reserve down to close 40-year lows. Cross your fingers it’s not wanted for its precise goal, specifically in case of army emergency.
Even when the prez requires elevated home manufacturing — the precise resolution right here; unshackling the large capacities of American power as his predecessor did — he performs lickspittle to Inexperienced New Sellers. We “have to responsibly improve US oil manufacturing,” Biden postured Wednesday. “Responsibly” right here means “by no means.”
All this after the Saudis wouldn’t play good with Biden over oil output (perhaps as a result of he vowed to make the dominion a “pariah” state and cozies as much as Iran). Even now, his important thought is to burn international oil, as if Saudi or Venezuelan oil is in some way higher for the setting.
But extra proof Biden’s power insurance policies are as nonsensical as . . . every part else he argues for. And as damaging to common Individuals and the nation.
Post a Comment