https://thehill.com/opinion/white-house/595706-biden-not-putin-to-blame-for-higher-gas-prices
President Biden wants you to know that Russia’s invasion of Ukraine will drive up oil prices. He warns that it may soon cost more to fill up your tank.
He’s right, but don’t be deceived; that’s been the plan all along. Not, certainly, to foster war in Europe, but to push a hasty and ill-considered switch to renewable fuels, no matter the cost to consumers. Sadly, that has also been the program in Europe, which is now dealing with the ugly consequences of bowing to climate activists. The world still needs oil, and much of it is in the wrong hands.
Russia has Europe over a barrel. Americans must understand that this is no accident. It’s the result of European climate policies just like those that Democrats want to force on Americans, substituting unreliable and costly renewable energy for oil and gas. It is the continent’s adoption of a Green New Deal-like agenda – banning fracking, subsidizing wind and solar, etc. – that has made Europe dependent on a hostile nation to power their economies.
If we continue down a similar path, we could find ourselves back in the 1970s, overly reliant for oil on Saudi Arabia, as well as Russia and other hostile nations. In 1973, OPEC cut off oil exports to the U.S.; oil prices quadrupled, plunging the U.S. into recession.
Here’s the reality: We will still be burning oil and gas to heat our homes and generate our electricity for years to come. We can either produce those fuels at home or, like Europe, import them from abroad.
Since Biden became president, he has clearly chosen the latter path; this is a grave mistake. In thrall to well-heeled and noisy climate activists, Biden has set about junking one of America’s greatest geopolitical advantages – abundant, cheap energy – in a reckless quest to drive down carbon emissions.
A quest, by the way, that even the president admitted was pointless. Last April, Biden acknowledged that 85 percent of emissions come from outside the U.S. and confessed, “That’s why I kept my commitment to rejoin the Paris accord, because [even] if we do everything perfectly, it’s not going to matter.” He was correct. Whatever we do will be overwhelmed by increased emissions from China and India.
Even as Russian tanks lined up on the Ukraine border, Biden’s administration froze U.S. drilling on federal lands and slapped on rules making it even more difficult to build natural gas pipelines. What can they be thinking?