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Americans Are ‘Collateral Damage’ In Dems’ Insane War On Energy

Maybe the Jan. 6 hearings are, as some assert, really about distracting Americans from the Democrats’ shocking policy failures. How else can one explain the refusal of President Joe Biden and the Democratic Congress to address our ongoing energy crisis?

And, no, it’s no exaggeration to call this a crisis. With consumer prices rising at a four-decade-high of 8.6% in the most recent year-over-year comparison, Americans are watching their standard of living fall fast.

A just-released national survey has found that 83% of U.S. households are cutting their personal spending and travel due to soaring inflation. These cutbacks are being driven almost entirely by energy costs, which have spiked nearly 35% in the past year.

The economic disaster Biden has created is ultimately a result of surging federal spending during the pandemic, foolish Fed policies that poured monetary gasoline onto a raging inflation fire, and the ongoing effort by Biden and the Democrats to punish the very companies that provide our energy, threatening them with smothering regulations, painful taxes and even public shaming.

Things have reached a fever pitch of late, with Democrats’ extremist anti-free-market green wing suggesting, as gasoline prices roar past $5 a gallon and cities across the nation face blackouts, we would all be better off if we just nationalized our oil and gas industry.

For the record, no we wouldn’t.

Some 90% of the world’s oil assets are already controlled by governments, and therefore the global crude-oil market is a dysfunctional mess. Enterprising private-sector oil firms are the one bright spot in all this. They travel the world, find new oil, refine it, deliver it thousands of miles away, and, in normal times, charge less per gallon for gasoline than for bottled water.

“Nationalizing” such success is economic insanity.

Don’t tell Biden, who just returned from a G7 meeting where plans were laid to create a “Climate Club” of nations to take “joint action” on CO2 emissions.

Specifically, leaders agreed to “a highly decarbonised road sector by 2030” and “a fully or predominantly decarbonised power sector by 2035.” Transnational socialism. Good luck with that.

One of the signatories of that deal, Germany, already has had to revert to using coal after closing its nuclear plants, while another, France, has just declared an energy emergency. At least the French plan to build nuclear power plants to bolster their energy grid.

But Biden has nothing to brag about. He entered office in a country that was self-sufficient in energy yet now has to go hat-in-hand begging the likes of Saudi Arabia, Venezuela, Iran and other OPEC pariahs to sell us more oil. Americans are paying a steep price for this crash program to “decarbonize” our economy.

The irony is that so-called “green” energy such as solar and wind, can’t fill the needs of growing economies. So countries are moving back to coal, undoing decades of CO2 reductions.

It’s easy to see how this happened. “The (Biden) administration is shutting down and blocking pipelines, greatly restricting oil and natural gas leasing on federal lands, slow walking LNG export permits, and issuing sweeping climate disclosure rules to discourage investment in the industry,” Real Clear Energy noted recently.

Worse, playing off public anger, Biden, Energy Secretary Jennifer Granholm and climate change czar John Kerry have repeatedly and dishonestly attacked the energy industry, suggesting it should be shut down or, equally bad, accusing companies of “profiteering” and “greed.”

In such an overtly hostile environment, what sane CEO would commit huge sums of investment to more energy production?

As David Harsanyi recently wrote at The Daily Wire:

Virtually every left-wing energy proposal in the past two decades, if not longer, has been designed to create false scarcity, either through fabricated marketplaces and stringent regulations or by putting caps on production. This is what they wanted.  

‘No more drilling on federal lands,’ Biden promised during the 2020 presidential campaign. ‘No more drilling, including offshore. No ability for the oil industry to continue to drill, period, ends, No. 1.’

Not No. 2. No. 1.

‘No more — no new fracking,’ the president also said.

Shameful. And far worse than what happened on Jan. 6 in the nation’s capital, now the subject of televised hearings. Because, unless there are major unforeseen advances in energy technology, Biden’s plan to cut CO2 emissions by 50% from 2005 levels by 2030 and by 100% by 2050 is simply not achievable. And we’ll all be poorer for it.

And not even our own government believes this, as its own forecasts show.

The “net-zero emissions” extremism will damage the next generation’s prospects of living better than its parents did – a long-cherished promise of American life that, unless our current course toward energy poverty alters, will disappear.

The “New Green Deal” and “net-zero emissions” and other extremist climate change shams are already devastating both the U.S. and global economies. For the sake of all, it’s time to end the Democrats’ dangerous war on energy.

— Written by the I&I Editorial Board

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The Issues and Insights Editorial Board has decades of experience in journalism, commentary and public policy.

8 comments

  • Truth, rational economic arguments, living standards, etc. mean little to the DNC-controlled administrative state & Born-Again Bolshevik party (dba Dems). These comrades thrive on unfettered emotionalism and in-your-face anger; Cancel Culture; CO2 swamp gas; January 6 Insurrection Myths; debunked Trump-Russia Lies; Systemic Racism grievances from the distant past; Gender fetishism; etc. Big Lies enshrined as entertainment and congressional spectacle buy time and cover for the Born-Again Bolsheviks of the Democrat party and their “useful-idiots” in the GOP to achieve their twisted goals. The USA/NATO troop and weapons buildup in Poland & NATO for World War III against Russia & Belarus starting on the Ukraine front is well underway while the domestic USA audience is diverted by ABC’s prime time January 6 entertainment, the CO2-Fossil Fuel War, Abortion, etc. The real goal seems to be the Abortion of Western Civilization and the USA as we know it: To be replaced by the Born-Again Bolshevik Utopian visions of Stalin, Sanders, Warren, AOC, et al. If it takes nuclear annihilation to do it, Biden and the EU ruling elites seem all in. Visions of USA global dominance of a wrecked, depopulated, vaxxed world seems to work for others. China will be the winner from a nuked out EU, USA and Russia. Somehow we lived through Soviet tanks in Cold War Budapest, Czechoslovakia, the Berlin Wall, etc. without going to war. So, why go all-in for nuclear war over a Russian Black Sea port in Crimea and some provinces slated by Ukraine to be ethnically cleansed of Russian peoples? Makes no sense to me. But neither does CO2, January 6, etc. Pure Madness. Insanity on a national scale. Global insanity if you count in the EU & NATO.

  • It’s got nothing to do with energy and everything to do with murdering you and if you survive, completely controlling you.

  • I know this seems impossible, but we should consider that Biden can promise to end the fossil fuels industries, follow through on that promise, and at the same time place all blame for the bad consequences because the general public (and politicians are just morally deficient memebrs of the general public) are not able to connect the fossil fuels industries to anything about gasoline at the pump. And good luck getting them to see connections between fossil fuels and fertilizer for farming, or leasing of government grazing lands and beef at the market, or the much longer chains of supply or logic involved in the broad economy.

    Intelligence is very difficult to measure because people can be very smart about certain things and absolute idiots about others. They really don’t know what they don’t know.

  • Does anyone else believe that we are watching the re-enactment of “Wild in the Streets”?

  • The blame game is on.
    Trumps fault for run-away inflation and Rowe vs Wade overturning. Putins fault for high gas prices.
    The real issue is Biden, Pelosi, Schumer are at fault for the entire mess and the American people are at fault for sitting quietly sitting by and putting up with this crap!

  • The RESET is well underway. It won’t be stopped and those who value freedom need to stand up and help organize MASSIVE, targeted Civil Disobedience while there is still time to at least delay it.

  • And yet, while Biden runs to SA begging for more oil, he sends 950K barrels of oil from our SPR to CHINA…square that circle…

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