September 29, 2023
Biden's War on Oil
Timothy Birdnow
Here's a list of ways Biden has waged war on oil and gas:
175 Ways the Biden Administration and Democrats Have Made it Harder to Produce Oil & Gas
FTA:
On January 20, 2021,
1. Besides canceling the Keystone XL pipeline,
2. President Biden restricted domestic production by issuing a moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge.
3. He also restored and expanded the use of the government-created social cost of carbon metric to artificially increase the regulatory costs of energy production of fossil fuels when performing analyses, as well as artificially increase the so-called "benefits” of decreasing production.
4. Biden continued to revoke Trump administration executive orders, including those related to the Waters of the United States rule and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability to produce energy domestically.
On January 27, 2021,
5. Biden issued an executive order announcing a moratorium on new oil and gas leases on public lands
6. or in offshore waters
7. and reconsideration of Federal oil and gas permitting and leasing practices.
8. He directed his Interior Department to conduct a review of permitting and leasing policies.
9. Also, by Executive Order, Biden directed agencies to eliminate federal fossil fuel "subsidies” wherever possible, disadvantaging oil and natural gas compared to other industries that receive similar Federal tax treatments or other energy sources which receive direct subsidies.
10. This Biden Executive Order 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 U.S. government would leverage its power to attack oil and gas producers while subsidizing favored industries.
11. Biden’s EO pushed for an increase in enforcement of "environmental justice” violations and support for such efforts, which typically are advanced by radical environmental organizations and slip-and-fall lawyers hoping to cash in on the backs of energy consumers.
On February 2, 2021,
12. The EPA hired Marianne Engelman-Lado, a prominent environmental justice proponent, to advance its radical Green New Deal social justice agenda at the EPA, a signal to industry that it plans to continue its attack on American energy.
On February 4, 2021,
13. At the behest of the January 27th Climate Crisis EO, the DOJ withdrew several Trump-era enforcement documents which provided clarity and streamlined regulations to increase energy independence.
On February 19, 2021,
14. Biden officially rejoined the Paris Climate Agreement, which is detrimental to Americans while propping up oil production in Russia and OPEC and increasing the dependence of Europe on Russian oil and natural gas. It also benefits China, who dominates the supply chain for critical minerals that are needed for wind turbines, solar panels, and electric vehicle batteries.
On February 23, 2021,
15. 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.
End excerpt.
Keep reading; there's PLENTY more where these came from!
And all of this frightens investors.Oil and gas are futures-based and spooking investors makes the profit in oil stocks drop as investors dump them.
Biden also pressured banks to defund the companies so they couldn't get loans for exploration and drilling.
He's been at war with energy since taking office. But he and his media lackeys lie to the American People and blame it on Russia, or worse yet Trump. (Trump asked the Saudis to temporarily lower production because nobody was driving during the pandemic and oil prices were so low American oil companies couldn't recoup their costs - fracking is more expensive than simple drilling - and they had lost their shirts in the previous year. But it was a temporary reduction designed to shore up an American industry. What happened when Biden stole office was a targeted attack that drove prices through the roof.)
Anyway, read it all.
Hat tip; Diane M. Kimura
Here's a list of ways Biden has waged war on oil and gas:
175 Ways the Biden Administration and Democrats Have Made it Harder to Produce Oil & Gas
FTA:
On January 20, 2021,
1. Besides canceling the Keystone XL pipeline,
2. President Biden restricted domestic production by issuing a moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge.
3. He also restored and expanded the use of the government-created social cost of carbon metric to artificially increase the regulatory costs of energy production of fossil fuels when performing analyses, as well as artificially increase the so-called "benefits” of decreasing production.
4. Biden continued to revoke Trump administration executive orders, including those related to the Waters of the United States rule and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability to produce energy domestically.
On January 27, 2021,
5. Biden issued an executive order announcing a moratorium on new oil and gas leases on public lands
6. or in offshore waters
7. and reconsideration of Federal oil and gas permitting and leasing practices.
8. He directed his Interior Department to conduct a review of permitting and leasing policies.
9. Also, by Executive Order, Biden directed agencies to eliminate federal fossil fuel "subsidies” wherever possible, disadvantaging oil and natural gas compared to other industries that receive similar Federal tax treatments or other energy sources which receive direct subsidies.
10. This Biden Executive Order 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 U.S. government would leverage its power to attack oil and gas producers while subsidizing favored industries.
11. Biden’s EO pushed for an increase in enforcement of "environmental justice” violations and support for such efforts, which typically are advanced by radical environmental organizations and slip-and-fall lawyers hoping to cash in on the backs of energy consumers.
On February 2, 2021,
12. The EPA hired Marianne Engelman-Lado, a prominent environmental justice proponent, to advance its radical Green New Deal social justice agenda at the EPA, a signal to industry that it plans to continue its attack on American energy.
On February 4, 2021,
13. At the behest of the January 27th Climate Crisis EO, the DOJ withdrew several Trump-era enforcement documents which provided clarity and streamlined regulations to increase energy independence.
On February 19, 2021,
14. Biden officially rejoined the Paris Climate Agreement, which is detrimental to Americans while propping up oil production in Russia and OPEC and increasing the dependence of Europe on Russian oil and natural gas. It also benefits China, who dominates the supply chain for critical minerals that are needed for wind turbines, solar panels, and electric vehicle batteries.
On February 23, 2021,
15. 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.
End excerpt.
Keep reading; there's PLENTY more where these came from!
And all of this frightens investors.Oil and gas are futures-based and spooking investors makes the profit in oil stocks drop as investors dump them.
Biden also pressured banks to defund the companies so they couldn't get loans for exploration and drilling.
He's been at war with energy since taking office. But he and his media lackeys lie to the American People and blame it on Russia, or worse yet Trump. (Trump asked the Saudis to temporarily lower production because nobody was driving during the pandemic and oil prices were so low American oil companies couldn't recoup their costs - fracking is more expensive than simple drilling - and they had lost their shirts in the previous year. But it was a temporary reduction designed to shore up an American industry. What happened when Biden stole office was a targeted attack that drove prices through the roof.)
Anyway, read it all.
Hat tip; Diane M. Kimura
Posted by: Timothy Birdnow at
07:24 AM
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I really enjoyed reading your articles. It looks like you've spent a lot of time and effort on your blog.
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