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Democrats are deliberately driving up the cost of fossil fuel-based energy so it will become easier to enact their so-called “green energy” agenda, according to an analysis published Monday.
“The Democrat agenda depends on deliberately driving up energy prices in order to make their green energy boondoggles appear less outrageously wasteful and destructive than they really are,” writes Josh Mandel at Townhall.com.
“That approach has been painfully obvious from the beginning of the Biden administration, which has done everything possible to drive up the cost of energy by throttling supply,” Mandel continued, before recounting a series of policies being implemented by the White House seen as detrimental to fossil fuel production and supply.
For instance, Mandel noted that one of President Joe Biden’s first official acts was to cancel construction of the Keystone XL pipeline which, when completed, would have been capable of delivering hundreds of thousands of barrels of oil per day to U.S. refineries, and would have dramatically added to U.S. energy independence, which was achieved under former President Donald Trump.
Now, he writes, the administration is considering shutting down the Line 5 pipeline that transports around 500,000 barrels of oil per day from Canada to Michigan, which then travels to several refineries in Ohio “and beyond.”
“The pipeline has been targeted for elimination by Michigan’s Democratic Governor Gretchen Whitmer, forcing Canada to invoke treaty obligations to keep it open,” Mandel says. “The Biden administration’s claims that it does not intend to shut down the pipeline offer little reassurance based on its consistent hostility toward the energy industry.”
In addition to shutting off another reliable source of energy, closing the Line 5 pipeline would result in the loss of thousands of good-paying jobs and would “throttle economic output in Ohio and other Great Lakes states to the tune of billions of dollars,” Mandel continued, noting that American families are already feeling the effects of Biden energy policies at the gas pump and at home.
He noted further that activist organizations and federal judges are currently holding up more than $13 billion worth of new pipeline projects that would also create thousands of good jobs “throughout America First states like Ohio, Pennsylvania, West Virginia, and Texas.”
Mandel writes that Biden has also issued executive actions ordering appropriate federal agencies to withhold new applications for oil and shale operations on federal lands, which will further crimp fossil fuel production and raise prices even more.
“Only a backlog of applications left over from the previous administration and a fortuitous court ruling have prevented Biden from wreaking massive damage on the domestic oil industry to this point,” he wrote.
For his part, Biden said nothing he or his administration is doing “to combat climate change” is “raising the price of gasoline” during a recent announcement noting that he ordered the release of 50 million barrels of oil from the country’s strategic reserves to help mitigate prices, a move critics have derided as wholly insufficient and very short-term.
CLIMATE CHANGE: President Biden said this week: "My effort to combat climate change is not raising the price of gas." pic.twitter.com/axLNxvZuLa
— Forbes (@Forbes) November 28, 2021
“The inevitable result of these assaults on energy production are skyrocketing fuel prices. While inflation is up across the board, oil and gas prices have risen far faster than other staples,” Mandel wrote. As Americans are rightly concerned about the cost of vehicles and groceries rising by 25 percent or more under Biden, gas prices have jumped by almost 60 percent.
“The Democrats know perfectly well that their anti-energy policies are harmful – in fact, that’s the whole point,” he added.
Mandel noted that higher oil prices are good for the oil companies but only over the short term. Rather, he said, companies need stable prices over a long period of time so they can make better investment decisions in terms of drilling for additional reserves.
“History has shown that oil price spikes lead to significant drops in demand as consumers change their behavior in response to higher prices, resulting in collapsing prices that force producers to either shut down wells or operate at a loss,” Mandel notes. “In other words, artificially inflating the price of oil is yet another attack on the oil industry.”
He went on to note that higher oil prices “mask” the high costs of green energy, but the latter is preferred “because it creates a permanent constituency in the form of government-subsidized green energy companies that throw their political support – and dollars – behind Democrat candidates.”
“That’s the entire Democrat energy agenda in a nutshell: Drive up energy prices and then reap the financial windfall while ordinary Americans suffer,” he concluded.
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