The real reason fuel costs are soaring
Biden's [Orwellian] Minister of Truth Spins on soaring gas prices
Psaki: “The reason why the price of gas is going up is not because of steps the President has taken. They are because President Putin is invading Ukraine.”
Just another logical fallacy spin from Biden’s [Orwellian] Ministry of Truth. Yes, the Russian invasion increased oil prices. However, fuel costs soared before the invasion in large measure because of Biden's policies.
The administration has been told by a court to abide by a law to continue issuing leases for oil and gas rigs. It ignores the law and judges. It’s no wonder the big energy companies have decided to stop drilling and just take profits and buy back shares. Energy investors are ecstatic.
Biden and his progressive handlers are delusional. They push unworkable New Green Deal policies and are full of contempt for the architects of our new energy independence. They are also arrogant in their ignorance about the geostrategic consequences of immunity from energy blackmail.
Biden and his administration did the following:
- Cancelled key pipeline projects
- Alienated Canadian gas and oil producers
- Cancelled the ANWR oil field
- Ended new leases on federal lands for gas and oil
- Pressured banks to curb new loans to fossil fuel energy corporations
- Deprecated fracking and pumping both politically and culturally
With Putin amassing his weapons prior to the actual invasion, most of us could foretell that this would be the precise response from this feckless administration.
Even so, otherwise intelligent Americans double down on this idiocy as "the" reason for the spike at the pumps.
I'm beginning to feel like some kind of oracle.
But so much is predictable, isn't it?