Re: I don't know what this means.***

All-TigerNet [12246]

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Posts: 5393

Joined: 9/12/04

Re: Purely a curiosity question,

Jun 7, 2022, 8:37 PM [ in reply to Purely a curiosity question, ]

The simple quick answer: do the opposite of the Biden Administration:
- Quit demonizing the US energy producers - make them allies and not your enemy
- Pick energy production experts as cabinet officials to lead US Energy policy
- Stop imposing EO's and Federal regulations on the Energy sector that are designed to dissuade investment, drive up costs, and stifle domestic energy production

The more in depth answer:

Just to clarify - "being Republican" means nothing as there are plenty of DC swamp dwellers and oxygen thieves that have an "R" by their name. Instead I prefer a President and elected official that sticks to a true Conservative agenda. I have yet to find a true Conservative in the modern Democratic Party which unfortunately only leaves the spineless Republican Party that claims to be "Conservative".

Having clarified that, if a true Conservative were in the White House instead of Joe Biden it is my opinion that energy costs, and therefore inflation, would most certainly be lower. For starters, a Conservative would never have agreed to this nutcase green religion agenda of the Biden Administration that is mostly responsible for their bad energy sector policies.

Furthermore, a Conservative would not have hired advisors and staff based on their sexuality, genitalia, ethnic group, or skin color in lieu of competence and field of expertise. Before we get into specific Biden policies let's take a look at two such cabinet picks from Joe Biden that happen to have a lot of influence over US Energy policy:

First there is Biden's selection for Interior Secretary Deb Haaland who is a committed anti-fossil fuel industry activist who is on record declaring:
- "I am wholeheartedly against fracking and drilling on public lands." (Guardian May 15, 2019)
- "Keep fossil fuels in the ground." (Debforcongress.com - December 28, 2020)
- "I pledge to vote against all new fossil fuel infrastructure." (Debforcongress.com - December 28, 2020)

After holding such public positions on US domestic energy production what was the message Biden was sending to the fossil fuel industry with Secretary Haaland's selection? It certainly wasn't one of "hey we want to work with you"...

Next is Biden's selection of Jennifer Granholm as Energy Secretary who in 2016 said, "We ought to be doing everything we possibly can to keep fossil fuel energy in the ground" (address at Canisius College, NY). In 2018 Granholm was a participant in a COLTURA.org music video where she sings about keeping gasoline in the ground (it's on YouTube). COLTURA is an environmental group that is determined to make America "gasoline free" and is pushing the US to be 100% EV by 2030. But of course Granholm has a long history of climate change activism throughout her former political career so her comments/support of COLTURA is no surprise. So again - what message was Biden sending to the fossil fuel industry with Granholm's selection? Perhaps that answer can be found in her actions since taking over as Energy Secretary...

No one can forget how Granholm simply laughed when asked in November 2021 "What is the Granholm plan to increase oil production in America?" (Interview response to question by Tom Keene). As opposed to her eventual non-answer of "global markets" (which have nothing to do with how quickly US producers can pull oil out of US soil) the real reason is because the Biden Administration has no intention of doing anything to increase US oil production. In March 2022, Granholm gave voice to what their real energy policy is:

"We're working through an energy transition. And we've gotta start by adding energy. And the reality is we have to take some time to get off of oil and gas."

So the Biden Administration is not about increasing oil production - they are about transitioning off oil and gas. Yet neither Biden or Granholm ever provide specific details of where they plan to get the "added energy", how this "energy transition" will occur, who will fund it, nor a timeline for it. In essence, Granholm and her boss have no realistic energy policy for the USA except for "screw oil while we dream of green"...

So what are some of the actions/policies that Biden has done (that a Conservative would not) that have had a negative affect on the energy sector resulting in rising costs that pushed inflation higher? Here are a few just from Biden's first year in office:

1. 20 JAN 2021 Biden signed the "Executive Order on Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis". In this EO, Biden effectively told the fossil fuel industry the Biden regime was going to war with them. Here are a few of this EO's highlights:
- Required all Federal agencies to review and revoke Trump's pro-American energy rules and actions throughout the executive branch.
- Required agencies to take action to increase burdensome emissions regulations as part of the Left's green agenda and subsidize "good union jobs."
- Cordoning off large swaths of Federal land under the guise of National Monument designations, reducing the ability to produce American energy domestically.
- Issuing a moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge (ANWR).
- Restored and expanded the use of the social costs of carbon metric to artificially increase the regulatory costs of energy production, as well as artificially increasing the so-called "benefits" of decreasing production.
- Revoke the Keystone XL Pipeline, shutting off a future source of energy transportation which would have brought more oil into the country.
- Revoked Trump administration executive orders, including those related to WOTUS and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability to produce energy domestically.

2. On Jan. 27, 2021: In yet another EO (i.e. Executive Order on Tackling the Climate Crisis at Home and Abroad), Biden did the following:
- Attacked the energy industry by promoting "ending international financing of carbon-intensive fossil fuel-based energy while simultaneously advancing sustainable development and a green recovery." In other words, the US government would leverage its power to attack oil and gas producers while subsidizing favored industries.
- Directed agencies to eliminate Federal fossil fuel subsidies wherever possible without comparable actions for other energy sources, disadvantaging oil and gas.
- Pushed for an increase in enforcement of "environmental justice" violations and support for such efforts, which typically are advanced by radical environmental organizations.
- Directed the Interior Department to stop oil and natural-gas leases on Federal lands and in public waters.

In these two EO's alone, Biden attacked the physical exploration of domestic energy production, the financial investment in such endeavors and started the process of incurring burdensome Government regulation and additional costs to US domestic energy production.

4. Feb. 23, 2021: Biden Administration issued a Statement of Administration Policy in support of H.R. 803 which curtailed energy production on over 1.5 million acres of federal lands.

5. April 15, 2021: The Federal Energy Regulatory Commission’s policy statement outlines - and effectively endorses - how the agency would consider market rules proposed by regional grid operators that seek to incorporate a state-determined carbon price in organized wholesale electricity markets. This amounts to a de facto endorsement of a carbon tax that would be paid by everyday Americans.

6. April 22, 2021: Biden unveiled a "Climate Finance Plan" to "promote the flow" of capital "away from high-carbon investments." In other words - discourage investment in US oil production...

7. April 27, 2021: The Biden Administration issued a Statement of Administration Policy in support of S.J. Res. 14 which rescinded a Trump-era Rule that would have cut regulations on American energy production.

8. May 20, 2021: Biden signed an executive order requiring federal agencies to calculate the highly speculative risk of so-called "global warming." This EO would artificially increase regulatory burdens on the oil and gas industry by increasing the "risk" the federal government undertakes in doing business with them, among other things. Kerry chirped: "It's going to change allocation of capital."

9. July 11, 2021: Treasury Secretary Janet Yellen said that she expects multilateral development banks to "discourage new investments in fossil fuel-based power generation except where other options are not possible." The Biden Administration once again sending out the signal to the financial community to back away from investing in fossil fuels.

10. Oct. 14, 2021: The Department of Labor created the ESG rule where it requires fiduciaries to consider the economic effects of climate change and other so-called environmental, social and governance (ESG) factors when evaluating funds for retirement plans. As worded, the rule would strongly encourage fiduciaries to draw capital from domestic energy development in oil and natural gas to less reliable renewables. Yet again - the Biden Administration hit at the sources of oil industry financing...

11. Dec. 10, 2021: Biden directed federal agencies to cease funding new, international, carbon-intensive fossil-fuel initiatives.

12. Jan. 9, 2022: The Biden administration withdraws US support of the EastMed Pipeline thus effectively killing the project that was to be completed in 2025. The EastMed pipeline would have supplied all of Europe with 10% of its natural gas needs from Israel that would reduce Europe's dependence on Russian energy. While this energy would not have been available to Europe until 2025, it would have sent a powerful signal to Russia that their near monopoly on European energy was coming to an end.

13. Jan. 31, 2022: Reuters reported, "The Biden administration will raise the royalty rate that drilling companies must pay on oil and gas leases it plans to sell in the first quarter." I'm sure this did nothing to raise gas prices at the pump...

These are just some of the damaging actions the Biden regime have done in their first year in office. During his campaign, Biden made no secret of the fact that he wanted to end the fossil fuel industry and by all accounts he has started a war with them that has the US public paying the price. If a President and the Executive Branch sends the message to an industry that they want to increase that industries production costs, reduce investments in their business, and ultimately drive them out of business - it certainly will have an affect on what that business does. To say that Biden's policies have no affect on the energy sector is intellectually dishonest and ignores the evidence.

Instead, someone who is interested in lowering energy costs and inflation would be doing everything in their power to encourage investment in US oil producers, opening ANWR and remove restrictions on Federal lands, removing Federal regulations that drive up costs and make it harder to pull oil/gas out of the ground, support and encourage pipeline construction for product delivery, and stop the constant demonizing of an industry that every aspect of the US economy relies upon. Have a Presidential summit with US energy producers to discuss what actions they need from the Federal Government to start increasing oil production. Instead of making US energy producers the "enemy" make them an ally in getting fuel costs down. A good place to start would be to roll back every Biden Administration EO and Federal regulation that targets the Energy sector that has been enacted since January 2021.

Ultimately energy costs affect everything in our economy - everything from food production to keeping store shelves stocked. Lower the energy costs and inflation will go down - drive energy costs through the roof and inflation will go along with it. Right now the Biden Administration is full speed ahead on the latter...

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policies that increase US domestic oil production. Those global prices have nothing to do with the USA's ability to implement US policies that encourage and support increased US domestic production which has the most affect on US gas prices. Simply put - if US energy companies were producing enough US domestic oil to meet the US demand (which we were doing in 2019) then what happens outside the US on the global oil market is largely irrelevant to US consumers.

Most foreign gas prices, particularly in Western Europe, have ALWAYS been a lot higher than US gas prices. A big reason for that is that the US has historically produced a significant amount of our US domestic oil requirements that in turn kept our gas prices considerably lower than most other countries.

Unfortunately, we have a situation right now where the whole Executive branch of Government is anti-fossil fuel and every step they have taken is in favor of their stated policy to reduce reliance on domestic fossil fuels in favor of their green agenda. This is no secret - the Administration states this as their goal right in the very actions they have taken. Now that we are feeling the consequences of these Biden green policies, the Biden Administration wants to pretend it's all "Putin's fault" and "oil is a global market so there's nothing that can be done" which is utter hogwash.

The reason US gas prices are now climbing at an alarming rate is that we are having to rely more and more on the global market to meet our demand. If US producers were pumping enough to meet US demand we wouldn't have to go to the global market and would be paying less at the pump. If we had an Administration that was allied with the US Energy companies and put a whole of Government approach into increasing US domestic output - US prices would be closer to their historical norms without this wild upward trajectory we are currently on.

Biden's anti-fossil fuel policies which he started implementing in January 2021 are simply bearing the anticipated fruit he and his green wacko's demand. Unfortunately, without a complete reversal of the Biden policies, US energy producers will continue to have significant declines in the fossil fuel investors resulting in little to no increases in production.

The answer is rather obvious - if we want lower energy costs, we simply have to produce more US domestic oil. It is not a difficult concept but one that the Biden Administration green wackos absolutely oppose.

Self-admitted show trial.

Yeah. The actual trials have already convicted a good many

Re: Yeah. The actual trials have already convicted a good many

Yeeeeap.

Country is disgusting anymore

Re: Country is disgusting anymore

Re: Country is disgusting anymore

Re: Country is disgusting anymore

Re: Country is disgusting anymore

Re: Country is disgusting anymore

Keep bouncing on that seatless pogo stick. It 'fits' you.***

If the Democrats are pinning their hopes that this kangaroo

Re: If the Democrats are pinning their hopes that this kangaroo

Re: If the Democrats are pinning their hopes that this kangaroo

Re: If the Democrats are pinning their hopes that this kangaroo

Purely a curiosity question,

Given that tariffs and decades-old red tape are playing a

And consider it's a worldwide problem...

Re: Purely a curiosity question,

I commend you for taking that sort of effort...

Don't conflate two separate issues: Global Market prices vs

Please click on the links I provided earlier....

Personally, I don't believe the 90% figure... Alaska is big.***

Your argument seems to think US demand is the same in

Re: Your argument seems to think US demand is the same in

There's a fallacy about "energy independence" that even

This statement of yours is factual incorrect...

I very much dislike the heavy-handed “green energy” approach

I think it has some importance.

Re: I think it has some importance.

I may be misremembering...

Re: I may be misremembering...

Re: I may be misremembering...

I forgot about that first part, where nominees were rejected***

Still no list of Epstein’s clients, btw.***

I don't know what this means.***

Obviously you haven't checked Trilateral membership... ;~)***