How Biden NOT Putin Caused Record High Gas Prices
March 12, 2022 12:49pm
This week, the national average price for a gallon of gasoline hit a new record high.
The previous record high of $4.11 was reached in July 2008 when production couldn't keep up with the demand our strong economy created. But that shortfall was not due to an executive order that forced the shutdown of active energy fields as Biden's January 2021 executive orders did.
The White House is trying to blame the record high gas prices on Vladimir Putin. And while Russia's invasion of Ukraine certainly added to the price hike, you'd have to be an idiot to believe that Putin is responsible for the bulk of the price increases that have occurred under Biden. Current gas prices are absolutely the fault of Joe Biden and his misguided policy of putting climate change at the very top of his list of priorities. THAT is why we are paying so much at the pump.
The day Joe Biden was inaugurated, the average price per gallon of gasoline in the United States was $2.37. One year later it was $3.30. That 93 cent rise is an increase of 39.2%! And it had NOTHING to do with Russia invading Ukraine (which occurred on February 21, 2022).
The increase in gas prices from inauguration to invasion was $1.16. Most of that 48.9% increase was a direct result of Joe Biden restricting the domestic production of oil. And some is due to overall inflation and higher demand.
The post-invasion price increase can be partially attributed to the war. But Biden's imbecilic energy policies exacerbated that because they caused so many bankruptcies of energy companies and closures of drilling sites that the United States cannot simply pump more oil using existing infrastructure. It's not just a matter of opening a spigot a little more.
To make matters worse, while Biden has restricted domestic oil production, we substantially increased the importation of Russian oil since his inauguration, although he did announce this week we'll no longer do that. But Biden is advocating that we buy oil from Iran and increase our oil purchases from Venezuela. Why is Biden so willing to buy oil that funds America's enemies but is unwilling to employ Americans to drill on American soil???
The answer is obvious to anyone not blinded by partisan loyalty. Biden wants to destroy the United States as a free, capitalist Republic so he and his Democrat ilk can build it back as a socialist utopia - with them in charge, of course.
Biden also wants Saudi Arabia and the United Arab Emirates to increase their oil production. But so far both nations are refusing to do it because they're angry that Biden is trying so hard to reimplement a nuclear deal with Iran that would, despite the stated goal, allow Iran to develop a nuclear weapon unimpeded. Our Middle Eastern allies don't want that. But Biden is running full speed ahead without regard to what is best for our allies; and for that matter, without regard for what's best for the United States or planet Earth.
Biden and his team are, of course, lying about the reasons gas prices are so high. When White House Correspondent Peter Doocy asked Jen Psaki about the possibility of Biden reversing his executive orders that have severely restricted domestic oil production, she responded with the false claim that America is producing a record amount of oil.
She said "To be very clear, federal policies are not limiting the supplies of oil and gas to the continent... We are one of the largest producers with a strong domestic oil and gas industry. We have actually produced more oil. It is at record numbers. And we will continue to produce more oil. There are 9000 approved drilling permits that are not being used. So the suggestion that we are not allowing companies to drill is inaccurate."
No, Jen. What is inaccurate is the bald-faced lie you told. The U.S. is NOT at a record level of domestic oil production. But of course, the propaganda press that spews fake news that favors Democrats repeated her lie without fact-checking it as they would have if it was a Republican's press secretary who told such a blatant lie.
How do I know the United States is NOT at record domestic oil production? Because I looked up the historical data at the U.S. Energy Information Administration's website. It took me about ten minutes to find the data, cull through it, and then sort the file by production numbers.
Now, if I could do that, why couldn't the Big Media do it? Well, they could. They just didn't want to. Instead they just regurgitated the lies their allies in the Democrat Party spoon-fed them because the activists posing as journalists in today's propaganda press are more interested in electing Democrats than they are about informing Americans. Well, my goal is to inform you of the truth regardless of who that truth hurts or benefits.
And here is the objective truth: record high oil production in the U.S. was achieved in February and March 2020 when the we produced an average of 13.1 million barrels per day. Our current production of 11.6 million barrels per day is 11.4% LOWER than the record high.
So that's the proof that Jen Psaki lied. But don't take my word for it. As Ronald Reagan said, "Trust but verify." Go look it up yourself at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W.
Jen Psaki also lied when she said there are 9000 approved drilling permits that aren't being used. That 9000 figure is not the number of "permits." It is the number of "leases."
Four days earlier, she accurately cited 9000 approved oil "leases", but then she changed the word to "permits" five days ago when she lied about domestic oil production. Leases and permits are two different things. But even the accurate citation of 9000 leases was intentionally and grossly misleading.
The American Petroleum Institute explained that "developing a lease takes years and substantial effort to determine whether the underlying geology holds commercial quantities of oil and/or gas," and that "the lengthy process to develop them from a lease often is extended by administrative and legal challenges at every step along the way." The API further explained that Biden's energy policies have "discouraged American energy" because he "halted new federal leasing," "canceled energy infrastructure," "blocked development in parts of Alaska," "entertained new taxes to punish the U.S. energy industry," and "chilled future investment by signaling that oil and gas wouldn’t be part of America’s future energy mix.
How has Joe Biden stifled domestic energy production? On the day he was inaugurated, Biden issued an executive order he claimed was for "protecting public health and the environment and restoring science to tackle the climate crisis." That was, of course, typical Democrat diversion and deception. A more accurate description would have been "to increase gasoline prices, destroy the American oil industry, kill American jobs, end America's energy independence, imperil the U.S. economy, and jeopardize our national security; all under the guise of saving us from the non-existent threat of anthropogenic climate change."
In that executive order, Biden halted new oil and natural gas leases on public lands and waters, imposed a moratorium on all activities of the federal government pertaining to oil and gas exploration in ANWR, canceled the permit to construct the Keystone XL Pipeline, prioritized the “social cost of carbon” when developing America's energy policies, and voided ten executive orders Trump had issued that helped make America energy independent.
A week later, he signed another executive order that further elevated "combating climate change" over energy independence. A federal court subsequently ruled that some of what Biden ordered was unconstitutional. But the polices that remained had a devastating impact on the U.S. energy industry.
Biden's administration also directed financial regulators to impose new rules on “climate-related financial risk” designed to starve the oil industry of the capital needed to expand. At Biden's direction, the Federal Energy Regulatory Commission said it would start requiring a climate change impact study before approving any oil infrastructure permits. That raised the cost of oil exploration and extraction to the point of making many existing leases unprofitable. It also hindered new investment in oil exploration and extraction even with today's current high oil prices.
The direct result of those policies is domestic oil production far below what it was under Trump and far below what it would be if Biden had not restricted it. The overall tenor of this administration's clear hostility to oil has further suppressed domestic production and increased prices.
If Biden hadn't restricted drilling for oil and natural gas in America, we could make up a lot of the supply shortfall caused by Russia's invasion of Ukraine. But we're no longer in a position to do that. And that is absolutely the direct result of Joe Biden and his Democrat ilk intentionally harming the U.S. energy industry in pursuit of their wind and solar fantasies.
Despite Biden's claims and those of his press secretary, he continues to impede American oil exploration and production. That didn't happen by accident. Those policies were not randomly implemented. They were not imposed out of ignorance because no one is that ignorant. Biden deliberately imposed those policies knowing full well they would cripple American oil production and end America's energy independence while increasing our dependence on foreign oil, much of which is controlled by America's enemies. Maybe the solution is to sell Alaska back to Russia. Then Biden would want to drill for oil there. That was a joke, Joe. DO NOT sell Alaska back to Russia.
Joe Biden has purposely chosen to destroy our oil-based economy while at the same time strengthening the economies of our adversaries. It is so obvious that, if you don't see it, it is because you are a partisan hack who loves Joe Biden more than you love America. And perhaps worse than that, you are an ignoranus (spelling intended) who prefers to believe proven lies over proven facts.
Biden claims he wants to isolate Russia to punish Putin for his invasion of Ukraine. But his energy policies are actually helping Russia. And don't think the embargo he announced this week will hurt Russia. It won't. There are plenty of other countries that will purchase their oil. And the reason those countries won't also stop buying Russian oil and natural gas is because they've become so dependent upon them that they can't stop.
Democrat energy policies weaken America, strengthen our enemies, and endanger the economic health of the West. Because contrary to the fantasy world Democrats want to live in, in the real world, we cannot meet our energy needs with flower power and butterfly farts. We need fossil fuels. There is no current alternative. Nuclear would be helpful, but Democrats oppose that too. Democrats oppose everything that would strengthen America. And they support actions that strengthen our enemies.
With the mid-term elections looming just over the horizon, Democrats are trying to blame Putin for our high gas prices. Don't fall for it. Blame for today's record high gas prices must be placed exactly where it belongs - at the feet of Uncle Joe. Because of Biden's deliberate actions, America is no longer capable of being energy independent. And that dependency means we're at the mercy of foreign events and the whims of our adversaries.
Unless Joe Biden revokes his anti-oil executive orders that caused today's supply shortage, prices will remain very high. And he will not revoke those orders. That's why Democrats are desperately trying to make you blame Putin for what you're paying at the pump by calling it "Putin's Price Hike." But that's just deceptive marketing to hide the fact that it was Biden not Putin who raised gas prices by more than 50%. It is not Putin's Price Hike. It is Biden's Price Hike.
Although the president doesn't set the price of gas, his policies certainly move it. Biden's policies have intentionally moved it significantly higher. His so-called "War on Climate Change" is actually a war on American wallets; a war on American jobs; a war on American energy independence; a war on American national security; and a war on America. It's disgraceful. And dangerous.
And so are the Democrats and the so-called "news" media's who are lying about it.