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Monday, July 25, 2022

Commentary: Joe Biden’s War on Fossil Fuels

Try as they might to mitigate the severe energy crisis plaguing the U.S., the Biden administration’s attempt to shore up supply is a few wellheads short of an oil rig. 

With gasoline prices averaging over $4.60 per gallon and several electric grid operators warning of rolling blackouts, increasing the supply of America’s most critical energy sources is vital. Fossil fuels account for 80% of America’s energy usage, yet the administration is intent on curbing oil and gas supply, cutting gasoline refining capacity, and making it more challenging to meet rising electric demands.