Democrats Can’t Solve Energy-Related Problems Because They Don’t Understand They Are Causing Them

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With oil prices topping $125.00 per barrel and gasoline prices averaging $4.17 per gallon nationwide for regular as I write, the White House and Democrats in Congress persist in the delusion that the economy can rapidly transition completely to green energy.

Their belief that wind, solar, batteries, and electric vehicles can effectively and cheaply power the nation while ending the use of energy sources that emit greenhouse gases in their use is foolish and belied by the evidence. Biden et al. are so obsessed with the vain idea that they can control the weather 100 years from now that even a war, ongoing pandemic, rapidly rising inflation, and economic and geopolitical perils looming around the world won’t make them reconsider their ongoing war on fossil fuels.

Therein lies the problem. The first step to getting out of a hole is to stop digging. This is especially true if the hole is one you dug yourself. As applied to America’s energy situation, Biden and the Democrats have put us in a hole, and they won’t stop digging. They can’t solve America’s current energy and energy-driven inflation problems if they don’t understand the source of the problems is, in fact, the energy policies they’ve imposed on the nation.

Biden finally caved into growing bipartisan political pressure and agreed to ban Russian oil. In doing so, he admits this will further raise prices in the United States. I cheer this gesture as morally correct even though it is largely futile. We should not be helping fund Russian aggression, but we should also be savvy enough to recognize this action will have little or no impact on Russia’s budget or its ability to wage war and will have a significant impact on the United States, and in Europe should its governments follow suit.

Oil is a fungible commodity, traded on world markets. Unless the ban is global, Russia will just sell its oil to willing buyers in China, India, North Korea, and wherever else oil demand is high and people are not so choosy about it origins—at a discount price if necessary.

Which brings us back to the United States. Oil prices began a steep ascent shortly after Biden became president, long before the Ukraine war began. This was caused in part by the reopening of the economy after the pandemic. However, as detailed in a recent report from The Heartland Institute, the most important factor driving higher oil and gas prices has been the series of anti-fossil-fuel measures implemented by the Biden administration. Heartland’s analysis found the average American household spent $1,000 more on energy costs in 2021 than the year prior, largely because of Biden’s energy policies.

Biden and company fail to understand the basic fact that their climate policies are producing the high prices and shortages apparent across the U.S. economy and their boosting of oil prices increased the funding for Putin’s war machine.

Biden’s response to high oil prices in his State of the Union address was to dig deeper into the hole, doubling down on the failed energy policies that put us in the current crisis.

“Let’s provide investments and tax credits to weatherize your homes and businesses to be energy-efficient and you get a tax credit; double America’s clean energy production in solar, wind, and so much more; lower the price of electric vehicles, saving you another $80 a month because you’ll never have to pay at the gas pump again.” Biden said.

White House Press Secretary Jen Psaki’s tone-deaf response to high energy prices was to tweet, “Production is up, rising, and approaching records, yet Russia’s actions still leave our consumers vulnerable. It’s a reminder that real energy security comes from reducing our dependence on fossil fuels.”

Senate Majority Leader Chuck Schumer (D-NY) showed complete ignorance of America’s energy dependence on Russia, at a recent press conference. In response to a reporter asking, “What do you make of Sen. Manchin’s proposal to have more domestic oil production?” Schumer replied, “The U.S. is a major oil producer; we only get 1 percent of any imports from Russia.” Schumer was flat wrong! Data from the U.S. Energy Information Administration (EIA) shows U.S. oil imports from Russia grew to more than 8 percent of all imported oil in 2021, during Biden’s first year in office.

The same EIA report revealed oil imports from Russia to the United States in 2021 grew by more than 24 percent from the last year of Donald Trump’s presidency. Oil imports from Russia in 2021 exceeded the oil imported from Russia in each of Trump’s four years in office, and they were approximately 79 percent greater than the amount imported during the lowest-volume year recorded under Trump.

The plain fact is, the amount of oil that would have been shipped daily through the Keystone XL pipeline from Canada, 850,000 barrels per day, could have more than supplanted all the oil imported from Russia daily, had Biden not cancelled its permits on his first day in office.

Donald Trump understood energy issues. He correctly saw climate change as something manageable and recognized fossil fuels remain critical for economic progress. Trump charted a course not just for American energy independence but energy dominance, with his policies making us a net energy exporter for the first time since the 1950s. Biden has been reversing these policies as fast as he can sign orders between naps.

Republicans understand the problem. Sen. Ted Cruz (R-TX) and other Senate and House Republicans are offering bills to rescind the executive actions Biden has imposed to prevent pipeline development and delay new oil and gas exploration and production. The congressional Democrats say these bill won’t see the light of day as long as they are in control. The Democratic leadership doesn’t get it. Because they don’t get it, they may not be in control of Congress much longer.

The energy and space entrepreneur and social media darling Elon Musk gets it. Despite leading the largest, most successful electric vehicle manufacturer in the world, Tesla—a company that benefits from higher oil and gas prices—Musk recently called for increasing U.S. oil and gas production.

“Hate to say it, but we need to increase oil and gas output immediately. Extraordinary times demand extraordinary measures,” Musk tweeted to his nearly 63 million Twitter followers. “Obviously, this would negatively affect Tesla, but sustainable energy solutions simply cannot react instantaneously to make up for Russian oil and gas exports.”

In calling for increased oil and gas production, Musk is putting the nation’s well-being ahead of his self-interest. He’s an energy realist. In this climate-woke day and age, that makes him a both a champion of reason and a patriot.

Democrats deny energy reality. What that makes them, I’ll let the reader decide, but in my opinion it paints them as fools or traitors.

The cartoon character Pogo’s famous statement, “We have met the enemy, and he is us,” was meant to be humorous. His quip has rarely captured a political situation more aptly than with the high prices Americans face today because of Biden’s climate and energy policies. It’s not funny at all.

This can be remedied over the course of the next two election cycles, though sooner would be better.

*****

This article was published by the Heartland Institute and is reproduced with permission.

 

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