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8 ways the Biden / Harris government made gasoline prices higher

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7 minute read

From Energy Talking Points 

By Alex Epstein

Any politician who supports the “net zero” agenda is working to make gasoline prices much higher

This is Part 1 of a 4 part feature where I cover 4 of the top energy issues being discussed this summer

  • Every politician will claim this summer that they’re working to make gasoline prices lower, because they know that’s what voters want to hear.

    But the many politicians that support “net zero by 2050” are working to make gasoline prices higher.

  • For the US to become anywhere near “net zero by 2050,” gasoline use needs to be virtually eliminated.¹
  • Since Americans left to their own free will choose to use a lot of gasoline, the only way for “net zero” politicians to eliminate gasoline is to make it unaffordable or illegal.

    Low gasoline prices are totally incompatible with “net zero.”

  • The Biden-Harris administration knows that all fossil fuels, including gasoline, need to be far more expensive for them to pursue “net zero.” That’s why the EPA set a rising “social cost of carbon” starting at $190/ton—the equivalent of adding $1.50 a gallon to gasoline prices!²
  • From Day 1, President Biden has openly supported the destruction of the fossil fuel industry, from his 2019 campaign promise of “I guarantee you, we’re going to end fossil fuel” to his 2021 executive order declaring that America will be “net zero emissions economy-wide” by 2050.³
  • Kamala Harris has, unfortunately, been even more supportive of the “net zero” agenda and therefore higher gasoline prices. In 2020 she supported a fracking ban, which would have destroyed 60% of US oil production. And she cosponsored the fossil fuel-destroying Green New Deal.⁴
  • Of course, Joe Biden and Kamala Harris, like all politicians, claim to be for lower gasoline prices. But because their real priority is the “net zero” agenda, in practice they are doing everything they can to raise prices.
  • Here are 8 specific actions they’ve taken.

  • Biden Gas Gouging Policy #1

    Biden has worked to increase gasoline prices by taking a “whole-of-government” approach to reducing greenhouse gas emissions

    . This entails reducing oil investment, production, refining, and transport, all of which serves to increase gas prices.⁵
  • Biden Gas Gouging Policy #2

    Biden has worked to increase gasoline prices by expanding the anti-fossil-fuel ESG divestment movement

    . ESG contributed to a 50% decline in oil and gas exploration investments from 2011-2021, resulting in artificially higher prices. Biden is making it worse.

    The ESG movement is anti-energy, anti-development, and anti-America

    ·
    January 6, 2022
    The ESG movement is anti-energy, anti-development, and anti-America
    ESG poses as a moral and financially savvy movement. In reality it is an immoral and financially ruinous movement that is destroying the free world’s ability to produce low-cost, reliable energy. This prevents poor countries from developing and threatens America’s security.
    Read full story
  • Biden Gas Gouging Policy #3

    Biden has worked to increase gasoline prices via “climate disclosure rules,”

     an oil and gas investment-slashing measure that coerces companies into spouting anti-fossil-fuel propaganda and committing to anti-fossil-fuel plans—plans that will raise gas prices.

    The “climate disclosure” fraud

    ·
    Mar 16
    The “climate disclosure” fraud
    Congress won’t support Biden’s anti-fossil-fuel agenda.
    Read full story
  • Biden Gas Gouging Policy #4

    Biden has worked to increase gasoline prices by issuing a moratorium on oil and gas leases on federal lands, stunting oil and gas production and investment

    . When it’s harder to produce and invest in oil, gasoline gets more expensive.⁶
  • Biden Gas Gouging Policy #5

    Biden has worked to increase gasoline prices by hiking the royalty rate for new oil leases by 50%

    . This is money the government gets from the industry on top of taxes. And it discourages oil investments, meaning less production meaning higher gas prices.⁷
  • Biden Gas Gouging Policy #6

    Biden has worked to increase gasoline prices by restricting oil and gas leasing on nearly 50% of Alaska’s vast petroleum reserve

    . This is a crippling blow to Alaska’s oil and gas industry. Less Alaskan oil means higher gas prices.⁸
  • Biden Gas Gouging Policy #7

    Biden has worked to increase gasoline prices by threatening to stop oil and gas mergers

    . Mergers, which increase efficiency, benefit domestic production and lower prices. Blocking mergers raises oil prices long-term, which means higher gas prices.

    Why government should leave oil and gas mergers alone

    ·
    Jun 3
    Why government should leave oil and gas mergers alone
    Myth: Oil and gas mergers are bad for America because they make oil more expensive.
    Read full story
  • Biden Gas Gouging Policy #8

    Biden has worked to increase gasoline prices by cancelling the Keystone XL pipeline

    . This prevented Canada from using its vast oil deposits to their full potential—meaning lower global supply and higher prices for oil and gasoline.⁹
  • Joe Biden should level with the American people and make clear that his agenda is to increase gasoline prices—much like Obama’s infamous admission that “electricity rates would necessarily skyrocket” under his energy plan.

    Or he should apologize and embrace energy freedom.¹⁰

“Energy Talking Points by Alex Epstein” is my free Substack newsletter designed to give as many people as possible access to concise, powerful, well-referenced talking points on the latest energy, environmental, and climate issues from a pro-human, pro-energy perspective.

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Economy

Trump declares national energy emergency

Published on

From The Center Square

By 

President Donald Trump signed an executive order Monday night declaring a national energy emergency.

Trump announced the order earlier in the day during his Inauguration Speech.

“We will drill baby drill,” Trump said. “We will bring prices down, fill our strategic reserves up again right to the top, and export American energy all over the world. We will be a rich nation again and it is that liquid gold under our feet that will help to do it.”

The order states that high energy prices are an “active threat to the American people.”

“The policies of the previous administration have driven our Nation into a national emergency, where a precariously inadequate and intermittent energy supply, and an increasingly unreliable grid, require swift and decisive action,” the order said. “In light of these findings, I hereby declare a national emergency.”

To solve high prices and remedy the “numerous problems” with America’s energy infrastructure, the order stated that the delivery of energy infrastructure must be “expedited” and the nation’s energy supply facilitated “to the fullest extent possible.”

This was one of many executive orders the president signed on his first day in office.

In another order signed Monday night, Trump declared it was time to unleash American energy.

“In recent years, burdensome and ideologically motivated regulations have impeded the development of these resources, limited the generation of reliable and affordable electricity, reduced job creation, and inflicted high energy costs upon our citizens,” the order said. “It is thus in the national interest to unleash America’s affordable and reliable energy and natural resources.”

All this will be done through encouraging energy exploration, the elimination the electric vehicle mandates, and safeguarding “the American people’s freedom to choose from a variety of goods and appliances.”

The order promises these measures will “restore American prosperity,” “establish our position as the leading producer,” and “protect the United States’s economic and national security and military preparedness.”

In an earlier signing of executive orders in front of a crowd of supporters at the Capital One Arena, Trump signed an executive order withdrawing the United States from the Paris Climate Accords.

Elyse Apel is an apprentice reporter with The Center Square, covering Georgia and North Carolina. She is a 2024 graduate of Hillsdale College.

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Daily Caller

Trump Takes Firm Stand, Exits Paris Agreement Again

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From the Daily Caller News Foundation

By Mariane Angela

President Donald Trump issued an executive order Monday to remove the United States from the Paris Agreement.

The United States joins Iran, Libya, and Yemen as countries not part of the Paris Agreement, which seeks to limit global warming, the New York Times reported. Trump had previously pulled out of the agreement during his first term, only to see his successor, former president Joe Biden, re-enter it in 2021 after taking office.

This decision aims to increase fossil fuel production and reduce investment in clean energy technologies like electric vehicles and wind turbines, the outlet stated. Additionally, Trump notified the United Nations, which manages the Paris Agreement, of the U.S.’s withdrawal with a signed letter, setting the official exit to occur one year after its submission.

Trump has said in the past that the U.S. involvement in the Paris agreement harms America’s economic competitiveness and would not make a significant impact on the climate. He also said previously that the agreement was poorly negotiated and did not put American workers first.

The Biden administration implemented new emissions goals as part of its efforts to solidify its climate strategy. The Trump administration plans to deregulate the energy sector and roll back funding from Biden’s key climate initiatives. Since Nov. 5, members of Biden administration have distributed $1.6 billion in “environmental justice” grants, secured significant loans for green energy firms, empowered  California regulators to influence the national auto market, and published a detailed analysis on the effects of liquefied natural gas exports, potentially hindering Trump’s efforts to expand them.

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