Russia’s invasion of Ukraine will raise oil prices, says President Biden. He warns that gas prices will soon rise.
True, but don’t be misled; that was the plan all along. The purpose was to promote a rapid transition to renewable energy, regardless of consumer prices. We see that in Europe, where caving to climate activists has devastating consequences. Globally, oil is still required, but much of it is in the wrong hands.
Putin’s Russia is eyeing Europe. Americans must realise this is no fluke. European climate restrictions have replaced oil and gas with unreliable and expensive renewable energy, much as Democrats aim to impose on the US. Climate change initiatives like banning fracking and subsidising wind and solar have made Europe’s economies reliant on foreign electricity.
It’s possible we’ll wind up like the 1970s, fully reliant on Saudi Arabia, Russia, and other adversaries for oil. In 1973, OPEC halted all oil shipments to the US, precipitating a triple-dip recession.
We will continue to use fossil fuels to heat our houses and power our systems for the foreseeable future. We may either make these fuels ourselves or import them from outside, like Europe does.
This is Biden’s worst mistake since becoming Vice President. Biden has thrown away one of America’s greatest strategic advantages—abundant, cheap energy—to appease wealthy and vocal climate activists.
Even the president admitted the endeavour was futile. This is why, even if we do everything perfectly, I would rejoin the Paris deal,” Biden declared in April of that year. “It won’t matter.” In fact, he was spot on. We can’t stop China and India from emitting more.
While Russian tanks waited on the Ukrainian-Russian border, Biden’s administration halted federal land drilling and enacted additional rules that slowed pipeline construction. I’m stumped.
Why aren’t Americans worried about the 48% rise in oil prices from last year?
Is Joe Biden boosting oil prices to benefit Vladimir Putin? Because Russia’s national budget is primarily reliant on oil and gas sales, every increase in prices and every barrel sold instead of the US benefits Putin. While we still produce less oil per day than in 2019, that’s plenty to fill several tanks.
Biden promised that the US will cut emissions by 50% to 52% by 2030. To meet Obama’s 2015 carbon target, we will require policies as idiotic as those presently destroying a European country’s sovereignty. It’s an impossible and risky goal.
Read More: Your Electricity Bill Will Reduce Right Away If You Unplug These Appliances!
This summer, the North Sea saw a six-week windless spell, causing an energy shortfall and a panicked search for alternatives to oil and gas.
Because offshore wind turbines provide nearly a fifth of the UK’s electricity, shortages have led gas and electricity prices to more than double.
This has prompted Germany to plead with Putin for more natural gas exports, sparking a frenzied battle for supply. Because Europe relies on Russian gas for 38% of its requirements, a conflict in Ukraine was inevitable.
We need to go off fossil fuels, even if we lack the infrastructure. Transition is risky, as witnessed in Europe, and can lead to war.
Is Biden’s campaign afoot?
No way. For example, by 2030, 50% of new car sales will be zero-emission automobiles. It’s a stupid and costly objective because the government still supports electric automobiles (EVs). Mark Mills of the Manhattan Institute says we need more charging stations and raw materials to make a shift.
Also, whether electric vehicles will save the planet is unknown. Last year, a French study showed that the energy required to build the massive battery and provide the car’s electricity may actually increase emissions. Encouragement of GM to create electric vehicles may benefit Joe Biden’s reputation more than the environment.
The media has already established a protective ring, blaming Putin for the rise in gas prices rather than Biden’s inept policies. Tensions in Ukraine have boosted fuel prices and general inflation, according to CBS.
Amerciains aren’t as gullible They recognised that inflation had been growing for months due to a Federal Reserve that was slow to react and big-spending policies that overheated the economy.
They may blame Putin, but according to polling, the public blames Vice President Biden.
