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Biden’s Oil Tantrum

Energy,Oil,Joe Biden,Inflation,Gas Prices

From the Right
Analysis

Joe Biden isn’t mad. He’s just disappointed.

You see, gas prices have risen during his presidency, and that’s making him unpopular with one of the most important voting blocs in America: people who purchase gasoline. Gasoline prices are largely out of Biden’s control, with prices determined on global markets and various industrial factors limiting supplies.

In past attempts to seem like he’s doing something about the problem, Biden has ordered releases of oil from the Strategic Petroleum Reserve, pushed electric vehicles, and invoked the Defense Production Act to produce more renewable-energy components. As anyone could have predicted, gas prices were unaffected by those actions.

So now he’s just firing off notes to energy CEOs on White House letterhead threatening them with government action if they don’t do what he wants.

“Your companies need to work with my Administration to bring forward concrete, near-term solutions that address the crisis and respect the critical equities of energy workers and fence-line communities,” Biden wrote.

First of all, no, they don’t. No company in the United States needs to work with any presidential administration on anything if it does not want to. This remains a free country, and loyalty to politicians is not a prerequisite to doing business.

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