Biden’s Energy Failures Hurt American Pocketbooks, Aid Russia, China; Biden’s Knockout Punch for American Energy Independence; Biden Cancels ‘All Remaining’ Leases Congress Issued In Arctic Refuge, Further Gutting American Energy
Biden’s energy failures hurt American pocketbooks, aid Russia, China:
In the grocery store, at the gas pump, across every aspect of daily economic life, American families are getting squeezed between skyrocketing prices and ever-rising interest rates.
Bidenomics — a toxic blend of debt-exploding spending and anti-American energy policy — threatens the American dream and squanders the potential for another great American century.
To lower prices, create high-paying jobs, fuel economic expansion and win the new Cold War with China, we need to do more than just cut federal spending and government regulations — we need to make America the energy superpower of the world.
The average American family is paying $700+ a month more for basic needs than it was when President Joe Biden took office.
Interest rates are at a 22-year high, prices continue to rise, and the corrosive nature of inflation has robbed Americans of their savings.
Biden triggered an inflation crisis by spending trillions of dollars we didn’t have — and his decision to declare war on American energy turned that crisis into a disaster.
Biden’s anti-American energy policies locked the country on a course to rapid inflation.
As input costs went up, production costs went up, shipping costs went up, and families got stuck with the bill.
While Biden imposed restrictions on American energy production, he loosened them on dirty Venezuelan oil and terror-financing Iranian crude.
He’s using your tax dollars to subsidize electric cars powered by Chinese-made batteries while doing nothing to build American pipelines that could be used to undermine Russia. —>READ MORE HERE
Joe Biden’s Knockout Punch for American Energy Independence:
Just last month, President Joe Biden took a major swipe at America’s energy independence when he declared nearly a million acres of uranium-rich land outside of Grand Canyon National Park off limits to energy development.
Turns out that was just the setup jab.
The knockout punch is on its way.
According to reports, Biden wants to cancel drilling leases in the Arctic National Wildlife Refuge, or ANWR, which would deny Americans access to around a total of 11 billion barrels of oil (though it could be much more).
That is a lot of oil.
Canceling drilling when Saudi Arabia continues to cut production makes even less sense. That’s because this decision will continue to chill gas and oil development in the United States, meaning that Americans will not only lose this oil but the oil production that is forgone because of the political environment Biden has created.
No company, after all, will risk the massive amounts of capital necessary to develop new energy resources when the government can swoop in and shut you down.
Like with the uranium decision, this announcement will most assuredly be cast as necessary to protect the environment. This is diversion politics at its worst. The truth is that while ANWR is about the size of South Carolina, the actual land open for development would be much, much less. According to one industry analysis, surface operations would take up only around 2,000 acres. —>READ MORE HERE
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Bidenomics Is a Boot on the Neck of American Oil
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