Editorial by the Outlook’s Dave Schmidt
(3-10-22) Who do we blame for the recent increase in record breaking high gas prices…President Biden, President Putin, oil companies, green energy advocates…don’t be surprised when you hear the left blame President Trump, it is al;way his fault you know.
They did blame Trump in 2018 –
That policy now threatens to leave the world with a shortage of crude and rob Americans of the gasoline price relief they usually get in the autumn. It may even leave drivers paying more at filling stations in the fall, just as they’re preparing to cast their votes in elections that could hand Democrats control of Congress.
How much were you paying for gas in 2018?
The average cost of a gallon of regular gasoline Aug. 7, 2018
- Illinois $2.94
- Indiana $2.89
- Michigan $2.91
- Ohio $2.77
Well it’s not President Biden’s fault according to many on the left…including CNBC.
A CNBC story from January 27th –
Biden’s orders direct the secretary of the Interior Department to halt new oil and natural gas leases on public lands and waters, and begin a thorough review of existing permits for fossil fuel development.
Biden’s moratorium on oil and gas leases won’t end fossil fuel extraction since industry leaders currently hold undeveloped leases. Drilling on public lands generates billions of dollars in revenue but comprises roughly a quarter of the country’s greenhouse gas emissions.
Oil and gas producers have strongly opposed Biden’s move and are expected to challenge the order in court.
CNBC in October of 2021 – Biden has few options to combat surging gas prices as voters grow concerned about inflation
White House press secretary Jen Psaki
“There are limitations to what any president can do, as it relates to gas prices.”
The White House said it directed the Federal Trade Commission to investigate possible price gouging and the National Security Council to urge countries represented by OPEC+ to increase production.
“CBS Mornings” co-anchor Gayle King
“He also made it clear… that his policies, the Biden administration policies, are not hurting oil production in this country. He wanted to make that clear, too,”
NPR’s Roben Farzad
“Look around you, Katy (Katy Tur Reports). Everybody is driving a big pickup truck, SUVs, gigantic SUVs are back in vogue. We talk a big game, but this happens time and time again to the U.S. consumer.”
CBS late-night host Stephen Colbert
“Today the average gas price in America hit an all-time record high over $4 per gallon. OK, that stings, but a clean conscience is worth a buck or two. It’s important. It’s important. I’m willing to pay $4 a gallon. Hell, I’ll pay $15 a gallon because I drive a Tesla.”
CNN’s Vanessa Yurkevich
“Stopping all Russian imports and energy into the country. That could have a significant ripple effect on the global energy market, then pushing prices here at home at the pump a lot higher. “People we’ve spoken to over the last couple weeks, they’re OK with paying higher prices if it means holding Russia accountable for what they are doing in Ukraine.”
So who do you blame…will we have to wait for the mid-term elections or will the current administration decide on the right thing to do.
Stopping Russia’s aggression is not going to be accomplished by sanctions and includes banning Russian oil. The longer Putin is allowed to march across the Ukraine…the more the problem will grow.
Forcing the price jump to move the green agenda is not going to work with Americans.