Excerpt: On Day One as president, Biden shut down the Keystone pipeline, sending a message of no new pipelines anywhere, period.
In the months that followed, he stopped all sales of leases to drill on federal lands or offshore, meaning zero new leases allowing oil to be brought out of the ground.
And in September, House Democrats introduced legislation to stop banks from lending money or investing capital for new or expanded fossil fuel production. That legislation hasn’t passed, but it sent a clear message. The oil industry is being shut down.
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Biden confessed his actual plan just six weeks ago, when gas was already more than $4 a gallon. He marveled at the “incredible transition” of the US economy away from fossil fuels. “God willing, when it’s over,” we’ll be “less reliant on fossil fuels.”
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In a congressional hearing the same week, Biden’s interior secretary, Deb Haaland, repeatedly declined to agree that gas prices are too high. Climate zealots in the Biden administration want high prices to deter the public from buying gas.
Biden’s media toadies are singing the same song. High gas prices will force us to make “good choices,” claims Washington Post columnist Eugene Robinson. “The right long-term solution, for the sake of the planet, is not increasing the supply of fossil fuels.” It’s to compel consumers to switch to electric vehicles.
It’s one thing to choose electric vehicles. Soviet-style compulsion is another matter. EVs are about one-third more expensive than gas-powered cars. That doesn’t matter to out-of-touch Democrat Debbie Stabenow. The Michigan senator brags about driving past gas stations in her EV, not caring how high prices are. But what’s the average family supposed to do, take out a mortgage to afford an electric vehicle?