Watch this clip, please:
The President’s energy advisor says the President doesn’t want to do anything that could keep oil and gas companies going for twenty more years. It takes about twenty years to make a profit in the oil industry on new exploration, drilling, and refining. By saying what he said, he’s admitting there’ll be no new oil exploration and drilling in the United States as long as Biden is President.
Right now, America’s number one concern is inflation and the economy. Increasing capacity in the oil supply will decrease inflation because so much of inflation is related to energy prices right now.
When the inflation number came out last week, the Biden Administration noted that the 9.1% number had not factored in the recent decrease in gas prices. That decrease in gas prices comes from China’s economy slowing down, which has freed up some capacity, in addition to Middle Eastern and OPEC nations increasing some production.
But there’ll be nothing for us.
The President is declaring a climate crisis. He is using the European heat wave as his excuse to engage in executive action that will include speeding up transitions away from fossil fuels. In Texas, some power companies are remotely turning up smart thermostats in people’s homes in the middle of the high summer heat. Power grids are stressed out because wind and solar cannot compensate for the decrease in coal and natural gas burning plants. Natural gas is too expensive right now for a lot of people. The nation only has one nuclear plant under construction in Georgia.
We need more fossil fuels. We need more coal. But the President will declare a climate crisis and further destabilize our power grid. He is doing so at a time Americans care about inflation and are seeing their quality of life degraded.
This looks like insanity. But it is actually the best they can do politically. The President and Democrats cannot do anything about abortion. They can’t get anything through the Senate right now. They have given up trying to persuade the middle class, the moderates, and the independents. Instead, they have to maximize their outreach to the white, progressive, college-educated left. They have to get those people to turn out in record numbers in order to mitigate what is coming.
The President’s policies seem deeply out of touch. They are out of touch with most Americans but deeply in touch with the white progressive left. Democrats know they’ve lost the middle. Now, they are just hoping to placate the left, so while they lose in November, they minimize their losses.
Ironically, by doubling down on climate change emergencies, transgenders in sports, abortion on demand, etc., they risk losing more non-white voters to the GOP. But if they don’t do it, they lose their donors and the new core of the Democratic coalition — angry, rich, white women and their beta male partners who worship Moloch.
I am rarely commenting on these anymore because your comments themselves are compelling and insightful. Yet this attitude of the Democrats in general and this Administration in particular is one of utter hubris. "We know what is best for you," still amounts to totalitarianism. Rather than using the nomenclature of Communist China, the Biden WH and the Left clothe themselves in the guise of Executive Action--which is an admission they cannot get what they want through congress... and we still refer to it as "the people's congress."
Does anyone else see a parallel--and the ignominy--of China calling itself "The People's Republic of China?" Perhaps we too have arrived at a time of hypocritical irony....
The transition from internal combustion to electric is very different from the transition from horses to cars. Cars actually had a value proposition that was completely independent of the saddle. That is, yes, you sit on a horse, you sit in a car and they both get you from point A to B. That is were the similarities end.
If Ford had asked what the people wanted they would have said faster horses.
Electric cars have no value proposition to differentiate from internal combustion. Sorry, saving the planet doesn't count.
In fact electric has negatives that have not yet been addressed, and they are all relative to the battery.
Is it possible to develop the technology to overcome these negatives, sure. Is the technology feasible, easy, convenient, no, not really.
Cars also had the advantage of replacing something that was less efficient and influence the evolution of the existing infrastructure.
Electric cars are not an improvement, they are competition; with no immediate path forward other than the despotic power of Government.
Oil and the internal combustion engine will be with us in the distant future. It is absurd to believe otherwise. It is malfeasance for the Government to attempt to destroy the industry domestically. It is treasonous to give up our national security and not be energy Independent.