The root causes of the economic upheaval most Americans are experiencing right now are the subject of much discussion lately. Is it the Russia-Ukraine conflict? Is it Biden’s closing of the Keystone XL pipeline? Is it the absurd energy policies of the EU? Certainly there is plenty of blame to go around, but the reality is that all of this started in October of 2020. Back then, Trump and Biden were going head to head in debates leading up to the November election. Biden famously stated “I would transition away from the oil industry.”
That statement was a clear signal to energy producers in this country that Biden’s eventual ascent to the presidency would bring unprecedented uncertainty for at least the next four years. Never willing to let a crisis go to waste, the Biden administration went straight to work dismantling the future of our oil and gas refining capacity. His statement in October of 2020 made it clear that his administration would use the massive increase in government control precipitated by the pandemic to massively curtail energy production not in the distant future, but here and now.
Read Full Article »