Sunday, April 10, 2022

Democrats Have Gasoline Price Amnesia

Only last October they browbeat U.S. CEOs to produce less oil and gas

WSJ editorial. Excerpts:

"If progressives truly cared about the climate, they’d support more U.S. oil and gas production, which could replace supply from countries with lower environmental standards and higher emissions. More U.S. natural gas exports would also reduce global consumption of coal, which is much more carbon intensive." 

"California Rep. Katie Porter illuminated this when she chided the CEOs for opposing Mr. Biden’s halt on new oil and gas leases on federal land: “You already have 13.9 million acres! This is equivalent to Maryland and New Jersey combined. How much more do you need?” Twenty-six House Democrats have signed onto a bill introduced in December to ban fracking as well as oil and natural gas exports.

Now they blame oil companies and Vladimir Putin for high gasoline prices, but their policies empower Vladimir Putin by keeping global oil prices higher than they should be."

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.