Biden admin said oil firms a) were suppressing refinery production, b) didn’t need more leases, and c) didn’t view Biden admin as an obstacle to more production. All three claims were false and Biden and his admin knew they were false when they made them.
“Your companies,” claimed Biden in his June 14 letter to oil executives, “have an opportunity to take immediate action to increase the supply of gasoline, diesel, and other refined product [sic]”
In fact, US refineries are at a very high 94% capacity & can’t/shouldn’t go higher
The accusation by Biden that US firms are putting profits before patriotism was false. Chinese refineries are at 64% capacity.
If you run refineries at higher than 94% capacity you are putting them at risk. Maintenance is being delayed to meet demand.
Of course Biden knew this. He lied in order to scapegoat an easy target and score cheap political points. But it backfired because we still live in a free society and reporters could check to see that Biden was lying.
It gets worse. Not only did Biden lie about refinery capacity, he lied about his own administration’s role in reducing supply. His administration just last month killed a refinery in US Virgin Islands that should be expanded, not shut down.
The Biden admin correctly observes that the Virgin Islands refinery is old & polluting. But guess what? The $3 billion in investment the refinery needed not only could have increased production, it could have made it cleaner. That’s the history of oil refining. It gets cleaner.
Wait, there’s more.
I discovered that Biden’s Director of the National Economic Council, Brian Deese, had misrepresented a survey of oil and gas executives while speaking to Fox News.
Deese noted that a Dallas Fed survey found that more energy execs blamed factors other than the government for their unwillingness to invest in expanded production but failed to note that "the executives laid into Biden for getting in the industry’s way."
There are lies everywhere
Biden officials lied about why they killed a 1M acre Alaska oil and gas lease.
They claimed it was due to “lack of industry interest.”
But that’s simply not true, as Alaska’s senior Senator pointed out.
"I can say with full certainty, based on conversations as recently as last night, that Alaska's industry does have interest in lease sales in Cook Inlet. To claim otherwise is simply false, not to mention stunningly short-sighted.”
— Sen. @lisamurkowski
Why does Biden keep lying about energy? Because if he told the truth — that our modern, high-energy societies can’t run on renewables— he would explode the lie at the heart of the climate & energy policy of his administration, his party, and every center-Left party in the world.
The Reason Renewables Can't Power Modern Civilization Is Because They Were Never Meant To
The energy crisis means that the truth is finally getting out
Two weeks ago, ESG & renewable energy promoter Larry Fink, the CEO and founder of BlackRock, a shadow bank, admitted to Bloomberg News, "The energy transition [to renewables] can be highly inflationary."
“ESG [environmental, social, & governance] considerations account for much of the decline in capital expenditure by international oil companies in recent years and the investor exodus out of oil and gas markets” noted Financial Times last year.
And now it’s clear that it was primarily coerced labor, coal, and Chinese government subsidies, not tech innovation, that brought down the costs of solar panels and batteries in recent years.
What has been the response by the Biden administration to growing critical scrutiny of renewables? Growing demands for censorship of critics of renewables by Big Tech.
Biden & Democrats will likely pay a high political price for their mishandling of the worst energy crisis in 50 years, but the demand for a return to renewables to save ourselves reflects a deep & growing anti-civilization nihilism & narcissism among global elites.
The manic demand from elites that we shut down refineries, power plants, police stations, psych hospitals and the other institutions that constitute Western civilization represents the greatest threat to Western civilization.
The consequence of the nihilistic war on civilization can be seen everywhere, including in the invasion of Ukraine, made possible by Europe’s closure of reliable power plants and energy sources and dependence on Russia.
The nihilistic war on civilization can be seen in San Francisco, Los Angeles, and other progressive cities where many laws are not enforced, illness is enabled, and criminal gangs are in control.
And the nihilistic war on civilization can be seen in the attack on law
“The imperatives of race, gender & identity are more important to many students than due process, the presumption of innocence, and the values at the foundation of the rule of law.”
Biden is blocking expanded domestic oil production and expanding corn ethanol production in the name of preventing ag-disrupting climate change, but the result will be 24% higher emissions, per unit of fuel, and global famine caused by corn shortages
The main cause of global corn shortages is the Russian invasion of Ukraine, but Biden’s demand that refineries increase the use of corn ethanol will contribute to worldwide corn shortages
We have known since 2008 that corn ethanol produces more carbon emissions than gasoline, and a new 2022 study by the National Academy of Sciences confirms that corn ethanol produces 24% more CO2 emissions than gasoline
Biden just now said: a) lack of refining capacity is to blame for high gasoline prices; b) there is no need for more domestic oil production; & c) Russia is to blame for high gasoline prices.
Of those, a) is true, b) is false, and c) is partly true but only because b) is false.
It's good that Biden has dropped his false claim that firms are deliberately suppressing refinery production, but he failed to acknowledge that his admin killed a proposed US Virgin Islands refinery expansion nearly 3 months *after* Russia invaded.
Biden claims that cutting off Russian oil is the *main* reason for higher gasoline prices. But that claim contradicts his prior claim that the problem is refinery production. And it contradicts his claim that we don't need more domestic production to replace Russian oil.
Just now Biden said: “We need more refining capacity” and “This idea they don’t have oil to drill & to bring up is simply not true.”
In fact, Biden killed a refinery on May 14 and killed a 1M acre oil & gas lease in Alaska in May 12.
It’s great if Biden has actually changed his mind, and is now planning on licensing the refinery on the US Virgin Islands that he killed last month, but he hasn’t promised to do that, and he should stop gas-lighting the public about what he did.
And if Biden is going to keep demanding that @paraga & @elonmusk@Twitter censor misinfo, they should censor Biden’s claim that he has issued enough oil & gas licenses. He hasn’t. If he had, he wouldn’t be going to the Saudis & Venezuelans w/ hat in hand
The Fed is raising interest rates to reduce demand but the main cause of inflation is lack of supply, particularly abundant, cheap, & reliable energy. Even ESG/renewables promoter Larry Fink @BlackRock admits "the energy transition can be highly inflationary."
There are other causes of inflation, e.g. the slow ramping up of supply chains following the pandemic, the $1.7 trillion stimulus, and China’s lockdown.
But energy prices rose 4x more than all prices & energy is a factor in the higher prices of everything in the economy.
The evidence is overwhelming that weather-dependent renewables make electricity more expensive. The reason is because of all the additional people and equipment including reliable power plants they require
Biden was elected with more votes than any other president in U.S. history. Why, then, after just 18 months in office, is he so unpopular? And what must we do to rescue Western civilization from totalitarians abroad & energy nihilists at home?
Biden is hardly the first president to fall down in public. Gerald Ford fell while climbing the stairs into Air Force One. Reagan similarly slipped and fell while walking into his plane. And George W. Bush crashed twice, once into a police officer while peddling through Scotland.
Still, it was hard to watch Biden and not read anything in it. He said his foot got caught in a toe clip. Whatever the case, he looked every bit his age, 79. And the crash came a few days after his disastrous appearance on Jimmy Kimmel where he struggled to complete sentences.
People think solar panels & lithium battery-powered electric cars became cheap because of tech innovation, but it's now clear that it was overwhelmingly the result of China's use of coerced labor, coal, and government subsidies.
The Chinese government insists that "all employment [in solar/battery industries] is voluntary" but resisting such employment gets you sent to an internment camp which have a shoot-to-kill policy for anyone who tries to escape.
People claimed China made solar cheap through efficiency, but this was always obviously wrong: the best performing models of the most common type of solar cells became just 3 percentage points more efficient during the decade that panel costs declined 75%