“To hear the current Administration tell it, the energy crisis is over because gasoline prices have come off near-record highs. They tell us that there is no “there” there when it comes to the fact that America’s energy policy is thoroughly broken and headed down a path that is already risking our economic, national and energy security.
Pay no mind to inflation at 40-year highs and gasoline prices still well over $1.50 higher than they were in January 2021. Ignore the fact that the fundamentals that caused the problem – lack of supply, bottlenecks in refining, Putin taking advantage of European dependency on Russian oil and gas – still exist and prices are likely to go back up.
Please disregard the fact that our federal government keeps intentionally limiting U.S. energy production to essentially put the Gulf of Mexico out of the oil and gas business, even though it provides 15% of our oil supply.
Nothing to see in the UK’s economic ruin, either, where restrictive energy policies that look exactly like the ones being proposed for the U.S. caused prices to triple and felled former Prime Minister Boris Johnson’s government. Those same policies are expected to increase utility bills by 80% in October, barring a taxpayer-funded bailout of $172 billion.”
