Biden’s Many Anti-Energy Policies Are Hurting Producers, Consumers Alike
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When Energy Secretary Jennifer Granholm addressed the National Petroleum Council on Tuesday, she announced that the administration would not impose a ban on crude oil exports in an effort to tamp down gasoline and diesel prices.
That was the right move, as doing so would only have created more rigidity in energy markets and exacerbated high energy prices and supply challenges.
Perhaps hoping the gesture would appear as an act of good faith (by taking off the table something that should never have been on it), the secretary went on to tell oil producers to fix the administration’s problems: “Please, take advantage of the leases you have. Hire workers. Get your rig count up.”
The conversation sounded very different a few weeks ago in the Senate Natural Resources Committee.
Asked why oil production in the U.S. had not yet caught up to demand, the acting administrator of the Energy Information Administration—the Department of Energy’s data arm—explained to senators that American producers were “trying to reposition for the long term.”
It was a bureaucratic euphemism conveying what Granholm was unwilling to acknowledge on Tuesday as anything other than a “disagreement”—that the administration’s policies are causing problems for American consumers.
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