When President Obama was in office gas prices soared to more than $5/gal. When President Trump took office he unleashed the energy sector and we became energy independent for the first time driving gas prices down. Now reports of the current JoeBama policy impact show gas prices likely to top $4.00/gal next year.
WASHINGTON – […] Since Election Day, gas and crude oil prices have jumped. In the United States, gas prices are up 18% and oil nearly 50%.
Said another industry expert, “In four years, we had made the U.S. energy independent and denied the bad guys the ability to control global oil prices. The Democrats undo it in two weeks. Just incredible.”
Many of Biden’s first moves were directed at radically cutting the chances for further global warming. Several will kill jobs.
Every department has been ordered to factor climate change into their moves. In addition, he suspended new drilling leases on federal lands, restricted U.S funds in worldwide carbon energy programs, eliminated “fossil fuel subsidies,” stopped the Keystone XL oil pipeline construction, and slapped a moratorium on federal leases in Arctic Wildlife Refuge. (read more)
Higher fuel prices disproportionately hits the working class. In addition to higher cost to fill-up your tank, transportation costs increase and raw material costs increase. The downstream impact of increased oil prices are significant.
Economic and foreign policies that return to an era of OPEC dependence are favored by those who push the “climate change” agenda. Those who support energy independence understand that U.S. foreign policy is able to retract when we are not dependent on other nations for our fuel and raw materials. It is all connected.
