Biden’s Handlers Choke Off America’s Energy Supply
Under the previous administration, the USA became energy independent for the first time since Eisenhower was president. Energy exports exceeded imports. This beat putting ourselves at the mercy of other countries, many of them unfriendly, that we had previously relied on to sell energy to us. Unfortunately, this improved state of affairs is going out the window, with the radicalized Democratic Party in control of the country.
Nearly half of the land in western states is owned by the federal government. Biden’s handlers have been choking off oil and gas lease sales on public lands.
Even the liberals at AP sound nervous:
Biden shut down oil and gas lease sales from the nation’s vast public lands and waters in his first days in office, citing worries about climate change. …
The leasing ban is only temporary, although officials have declined to say how long it will last. And it’s unclear how much legal authority the government has to stop drilling on about 23 million acres (9 million hectares) previously leased to energy companies. …
Emission reductions from a permanent leasing ban would be relatively small — about 100 million tons (91 million metric tons) annually, or less than 1% of global fossil fuel emissions, according to a study by a nonprofit research group.
The odds of this producing a perceptible effect on the supposedly problematic weather are zero.
[E]nvironmentalists and others who want more aggressive action against climate change say a [permanent] ban would nudge the economy in a new direction.
It would: straight down.
Biden wants to substitute fossil fuel production and consumption with policies that promote renewable energy on public lands, such as wind and solar power.
To pretend that intermittent green energy could meet more than a small fraction of the USA’s energy needs is absurd. Wind and solar still only provide only 3% of the world’s energy, after decades of intense research and $billions wasted on subsidies.
Green energy is a political pose. At best, its purpose is to launder taxpayer money to pay off campaign donors, as Obama did. At worst, Democrats are destroying our country on purpose, which would be consistent with their ideology.
The administration postponed lease sales in the Gulf of Mexico and in Wyoming, Colorado, Montana and Utah. Biden earlier had suspended leasing in Alaska’s Arctic National Wildlife Refuge. …
Despite the moratorium, the Biden administration has continued to issue new permits for existing leases, including more than 200 in March, records show.
Environmentalists want that to stop…
When leftist fever swamps issue a command, Biden’s handlers tend to comply.
A ban on new leases means drilling would fade out as existing ones expire. It would be a heavy blow for western and Gulf Coast states that heavily depend on oil and gas revenue to pay for schools, roads and other services.
Democrats don’t seem to wonder who they will force to bail out financially incontinent blue states like California, New York, and Illinois after states like Texas have been destroyed.
Another option is to increase royalty fees to reflect the “social cost” of climate change — damage from rising seas, drought, wildfires and other global warming impacts.
This social cost is imaginary, a figment of leftist ideology. However, the cost in terms of standard of living will be quite real, as the rising price of energy drives up the price of everything else.
As with the malicious nixing of the Keystone XL pipeline, a leasing ban would kill jobs, and not only in the energy sector. The long-term effects of making energy scarce will cost any number of jobs in every sector of the economy but one: our ever-expanding federal government.
If America’s worst enemies had taken over the country, what would they do differently? Nothing, because they have.
On a tip from Dragon’s Lair.
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[…] output of its closest rival, Pennsylvania. By some remarkable coincidence, left-wing extremists aggressively hostile to the energy industry take over the federal government and suddenly Texas has a hard time keeping the lights […]