10/28/2022

It Was On Purpose

Hearing the doomsday news regarding energy in the US, specifically the supply and cost of gasoline, diesel, heating oil, natural gas, and downstream effects on electricity rates in places like New England, my first thought is usually “Why have the Democrats done this to us?”

Considering the damage the Democrats in Washington and the states have done to our energy supplies, destroying our energy independence all in the name of combating climate change, while giving our commercial and ideological rival, China, a pass regarding their skyrocketing CO2 emissions even as ours have fallen about 45%, one has to wonder if it is sheer ignorance that has caused the Democrats to wreak havoc on our energy supplies or if it was done on purpose. I try to keep in mind the adage “Do not attribute to malice that which may be better explained by stupidity.”

It’s one thing if the actions that have hurt us so occurred only every so often I might think it was done due to stupidity or willful ignorance, but the actions the Democrats have taken again and again show malicious intent. They keep telling us its “for our own good” but what it’s really about control...and the people are sick of it.

Had Democrats spent the last 3.5 years liberating US oil/gas investment, production, and transport instead of strangling them, energy would be far cheaper.

But Democrats have sabotaged oil investment by 1) supporting various “ESG” policies that call for reduced oil investment and 2) threatening oil producers’ existence.

Since Barack Obama ran for President declaring “the age of oil must end in our time” and continuing through Joe Biden’s “guarantee” that “we’re going to end fossil fuel,” US Democrats have threatened the future of oil production—a major deterrent for investment.

Leading Democrats like Elizabeth Warren and Bernie Sanders constantly threaten US oil production and make good on those threats by trying to prevent crucial oil infrastructure projects, such as pipelines. Having these kinds of politicians in power drives investment away from oil.

In addition to sabotaging US oil’s enormous potential by going after oil investment, Democratic politicians have done everything they can to sabotage oil production: threatening to ban fracking, banning federal leases, and calling for new, costly taxes and regulations.

US industry’s incredible ability to ramp up gas production has been desperately needed in recent years as gas has become more central to our economy and more needed by allies—especially those dependent on Russia. But industry has been strangled by Democratic opposition to pipelines.

Our bountiful natural gas is only useful if it can be transported by pipeline—to where it is needed in the US and to export terminals for shipment abroad. But in recent years we have seen a Democrat-led movement to block pipeline after pipeline. (One such pipeline would have brought much needed natural gas into New England, but well funded groups working with Democrats in New York and Massachusetts killed the project, leaving New England dependent upon expensive foreign natural gas that had to be transported into Boston by LNG tankers from Trinidad and Tabago. - ed.)

Considering a lot of the electricity in New England is generated by combined cycle natural gas power plants, electricity rates have more than doubled because of the skyrocketing natural gas prices.

Both diesel and heating oil are in short supply in New England, those shortages caused by the aforementioned actions of the Democrats, those actions taken with malice and forethought and without any consideration for the consequences of their actions.

As bad as it is now, it is only going to get worse if the Democrats continue their systemic destruction of our energy supplies.