And while the White House would love to claim the rise is solely due to Vladimir Putin’s invasion of Ukraine, the precipitous rise began over a year before that. That’s largely due to Biden’s anti-energy policies. While campaigning for president, he routinely promised to end the use of fossil fuels. As president, he’s shut down pipelines and frozen federal leases. The United States, after becoming energy independent under Donald Trump, is once again reliant on foreign tyrants.
With that said, the Biden administration has been touting a “big” announcement to help lower gas prices. Would the president green-light more pipelines, fast-track the permit process, and/or open up leases that are easier and cheaper to drill?
Nah, he’s going to allow an E15 blend during the summer months instead.