Since Day One in office, Joe Biden has made developing gas and oil resources difficult to impossible, and less oil means higher prices. No one should be fooled when he lashes out about high gas prices. The blame lies squarely with him.
Just last month, President Joe Biden took a major swipe at America’s energy independence when he declared nearly a million acres of uranium-rich land outside of Grand Canyon National Park off limits to energy development.
Turns out that was just the setup jab.
The knockout punch is on its way.
According to reports, Biden wants to cancel drilling leases in the Arctic National Wildlife Refuge, or ANWR, which would deny Americans access to around a total of 11 billion barrels of oil (though it could be much more).
That is a lot of oil.
Canceling drilling when Saudi Arabia continues to cut production makes even less sense. That’s because this decision will continue to chill gas and oil development in the United States, meaning that Americans will not only lose this oil but the oil production that is forgone because of the political environment Biden has created.
No company, after all, will risk the massive amounts of capital necessary to develop new energy resources when the government can swoop in and shut you down.
Like with the uranium decision, this announcement will most assuredly be cast as necessary to protect the environment. This is diversion politics at its worst. The truth is that while ANWR is about the size of South Carolina, the actual land open for development would be much, much less. According to one industry analysis, surface operations would take up only around 2,000 acres.
More importantly, however, is that developing gas and oil is nothing new in the region. In fact, the American gas and oil industry has a strong record working along Alaska’s coastal plain, having safely produced around 18 billion barrels of oil since production began at Prudhoe Bay in 1977.
Then there will be claims about how stopping this oil development is necessary to fight global warming. The truth is that even if one were to take the climate alarmist claims as fact, the amount of carbon dioxide saved by not using this oil would be almost zero.
First, just because Americans don’t have access to this domestic source of oil doesn’t mean that they will not still demand oil. It will just likely have to come from somewhere else and be more expensive. The CO2 is still going to be released.
Even if not producing the oil in ANWR somehow led to oil not being used in the aggregate, the amount of CO2 saved would be meaningless in global warming terms. The Heritage Foundation’s chief statistician, Kevin Dayaratna, has investigated exactly this point using the same models...
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9 comments:
Now you tell me just what any of us normal people can do about this. It’s dumbshit policy and we’ve known this from day 1. Aside from getting out the guns and going down in a hail of government bullets , written off as another nut job, just what can one person do? Nobody listens to us. Nobody in government cares or has any common sense or wants America to succeed. They’re ALL anarcho-marxists hell bent on national suicide. What can be done?
Drew458
Look at this point the official stupid is so out of control the plan is to cut down trees and bury them to reduce carbon. You can’t make up crazy like this. Scotland, the 4th wettest and most overcast country on earth, has cut down 17 million trees to put in solar panels… in a place the sun never shines because it rains every damn day. Wtf is wrong with people??
Drew458
They want us to be as miserable as possible to keep our friends like cotton schwab and the un happy. They are out to destroy this country one way or another.
WE NEWD TO SHOOT THE TRAITORS IN THE FACE!!!!!
double taps to stupid people, and politicians!
Drew456 is right: Nobody listens to us, our votes don't count, and there is no conventional way out.
Every decision Joe Biden makes benefits our competitors and our enemies. Treason.
My uncle was an engineer who spent most of his career working in Alaska in the energy sector. It is true, there has been a LONG and very safe history of energy exploration and production there.
Rich Men North of Richmond comes to mind.
GrandpaRed
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