AMERICA NEEDS FOSSIL FUELS

Inflation in the United States was as high as 9.1% in June 2022.  Though it’s much lower now, the resulting price increases were cumulative with high prices remaining high.  Most of the inflation was due to huge deficit-spending, a global oil shortage that arose  from the U.S. no longer producing its share of oil, and disruptions to supply chains for food and goods  due to the lockdowns.  In 2020 the U.S. met all of it’s own oil, gas and energy needs (oil production in 2020 was 13 million barrels per day, in 2021 it went down to 9.6 million BPD).  The poor and people with moderate incomes were hurt the most from the resulting inflation, with many people no longer able to afford to pay for their daily necessities like food, transportation, and housing.

The shame of it all is that it’s 100% the fault of governments: Federal, State and local.  Government is supposed to help its citizens, so how can this be?  This is how….  The Far-Left wing of the Democrat Party has taken over that Party and now dictates its policies.  For example,  it is enabling millions of illegal aliens to enter the U.S. (open borders), made massive deficit spending, mandated Covid lockdowns (which did nothing except destroy jobs, businesses, economies, and children’s education), defunded police (which led to huge increases in crime), allowed over 500 BLM and Antifa riots the summer of 2020 (which also destroyed many businesses, etc.).  Other devastating Far-Left Democrat policies  include Federal lands being removed from permitting leases for oil/gas exploration, much higher costs for existing oil/gas Federal permits, subsidizing alternative fuels, advocating banks not lend money to oil, gas, and coal companies, which have all significantly increased the price of oil which is mostly responsible for the large increases in inflation.

The Presidency and the Senate are currently controlled by the Democrat Party and the House of Representatives is just barely controlled by the Republican Party, so Democrat policies are the only ones likely to be passed into law and implemented by President Biden, and the Democrat Party energy policy is to discourage the use of fossil fuels (oil, gas, coal) and encourage electric vehicles and some forms of alternative energy sources (wind, solar).  In fact, they truly believe that high fossil-fuel prices are a good thing because it makes the very high cost of alternative means of energy production more competitive.  Currently, the generation of most electricity in the U.S. is obtained from burning coal and natural gas, both of which are fossil fuels.

If you believe that climate-change is mostly man-made instead of the result of solar flares and the sun, you might think that this policy of discouraging the use of fossil fuels is good…and one day it may be; however, the United States and the world are not technologically ready for it yet, and this premature transition appears to be on-course for causing a world-wide depression and the widespread poverty and starvation that goes with it.  Why would this happen?  To answer this question, we need to look at what fossil fuels are used for: 1) transportation via vehicles, ships, and planes for food and goods from farms and factories to outlets throughout the world, 2) a major ingredient in fertilizers to grow crops, 3) a major ingredient in synthetic fibers to make fabric, rugs, tires, 4) to burn as fuel for heat and energy, 5) in plastics and floor coverings, etc., etc. (for about 6,000 products).  Consequently, one can readily see that fossil fuels are used for many purposes other than fuel and that they are extremely important to the United States and every country in the world.  Check out Alex Epstein’s, The Moral Case for Fossil Fuels, if you’d like to learn more about their importance.

CONCLUSION

America is experiencing very high prices by the Biden Administration with its regressive anti-fossil fuel policies. It has asked some of our enemies  (Iran, Venezuela) and friends (Saudi Arabia) to increase their oil production to no avail.  At the same time it has and is, through numerous actions, discouraged the United States from becoming energy-independent again as it was under President Trump.  Will it ever change?  I don’t think so, because its anti-Capitalist, Socialist-Marxist philosophical underpinnings mandate high energy prices to help destroy the fossil-fuel market, which is what the Left uses as a pretext to disguise its real objective, which is to destroy Capitalism in the U.S. and replace it with Socialism.

 

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