You know, out of all the Biden-caused crises we have faced, the energy crisis has to be the most idiotic. Biden could make a win, for once, and reopen up the keystone pipeline. Instead, he cracks deals with anti-American nations. Arkansas Senator Tom Cotton called Biden idiocracy a ‘farce’, and he’s absolutely right. It would be funny if it wasn’t the real world.
TOM COTTON: We should be engaged in intensive diplomacy to ensure that our allies follow with us. It also sends a signal, importantly, to China, for the long run, that we won’t tolerate this kind of naked aggression because we want to deter Xi Jinping and the Chinese Communist Party from going for the jugular in the future in Taiwan. It also raises a question, though, about the diplomacy that the Biden administration is apparently engaged in to replace that Russian oil.
And this is almost a farce. Rather than trying to produce more oil and gas here at home, apparently, President Biden is going hat-in-hand to the dictator in Venezuela, who our government doesn’t even recognize as a legitimate head of state in Venezuela. Or we’re willing to give away the store to the ayatollahs in Tehran who still chant Death to America rather than simply producing more oil and gas here in America. Last week in his State of the Union, the president said he wanted to buy American. I agree. The only thing he’s apparently unwilling to buy in America is American oil and gas. But that’s what we should be doing.
Defending his administration, Biden said it is “simply not true” that his policies “are holding back domestic energy production.”
“Even amid the pandemic, companies in the United States pumped more oil during my first year in office than they did during my predecessor’s first year,” he said.
“We’re approaching record levels of oil and gas production in the United States and we’re on track to set a record of oil production next,” he said, adding that in the U.S. “90% of onshore oil production takes place on land that isn’t owned by the federal government.”
The nationwide average for regular gas is now $4.32 a gallon, according to AAA. On Wednesday, the cost was $4.25, once again eclipsing the previous all-time record of $4.11 set in July 2008. When adjusted for inflation, that would be around $5.25 today.