Biden's energy policy sucks ass. From day one he's been working to destroy the American oil and gas industry, including blocking the Keystone XL pipeline, increased taxes on oil and gas companies, increased energy-related environmental regulations, has not had one sale of federal drilling leases, has slowed permitting of drilling permits, and discouraged investment in oil and gas. Normally supply would rise with demand, but oil companies can see that Biden intends to put them out of business in the long term, and so they don't want to invest in drilling, so now we have a disconnect between supply and demand. The result? Gasoline prices rose 48% from inauguration day to the week before Russia invaded Ukraine. To counter this, he asked OPEC to increase production to lower prices. This was despite us being the world's top oil producer in 2018 and having record oil production in 2019. Then he released oil from the startegic petroleum reserve as a band-aid, and asked the Federal Trade Commission to investigate oil and gas company's retail prices, blaming their greed for the rising prices. Of course, the price of oil affects everything, so now we have the highest inflation in 40 years. Biden continues to propose and finalize regulations that restrict nearly every aspect of the oil industry - financing and private-sector investment, exploration and production, pipeline construction and operation, and consumer use. Decades of similar policies in Europe left them with no alternatives to Russian oil and gas, consequently disrupting global oil markets when the Ukraine war started, and contributing to high US gasoline prices. Gasoline is currently double the price it was on inauguration day, with no relief in sight.
So if you voted for Biden, then don't complain about high gas prices because this is what you voted for. He made it clear this was his agenda throughout his campaign. You got what you wanted, so shut the f*k up.
-Dave Badperson
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