If Biden Were Serious About Energy Policy, Here's What He'd Propose

Posted on AllSides July 11th, 2022
From The Right
CNP/AdMedia/Newscom
OPINION

When President Joe Biden chastises oil companies for profiteering, he evokes a J.R. Ewing–style caricature of a greasy, greedy executive sneering in a giant Stetson. Satisfying as it may be, this narrative is unmoored from economic reality. As with any other commodity, oil producers are price takers, not price makers; oil and gas shortages inevitably mean paying more at the pump. Prices will come down when demand doesn't outpace supply, but that relief is unlikely to arrive as long as this administration actively cultivates a climate of energy scarcity.

Before...

Read full story
Some content from this outlet may be limited or behind a paywall.

Reason

AllSides Media Bias Rating: Lean Right
AllSides Media Bias Rating: Lean Right
108342/84990
See full bias rating for Reason
Learn about media bias
https://reason.com/2022/07/11/if-biden-were-serious-about-energy-policy-heres-what-hed-propose/

More News about Energy from the Left, Center and Right

From the Left

From the Center

From the Right