Government Watch / Politics

Biden’s Venezuela Capitulation Deepens Energy Policy Incoherence

energy

At this point, Joe Biden’s affection toward petroleum-rich dictatorships and hostility toward American energy producers approach fetish status.  

Or, in the inimitable wit of Senator John Kennedy (R – Louisiana), the Biden energy policy amounts to a “moronathon.”  

In the latest episode, the Biden Administration just agreed to lift sanctions on the murderous, terror-sponsoring dictatorship of Venezuela and allow U.S. companies to resume drilling operations there. That reverses years of sanctions beginning in 2006 in response to Venezuelan interference in U.S. counterterrorism and anti-drug efforts, compounded in subsequent years due to human rights abuses and criminal activities.  

That reversal is repugnant enough standing alone. But it’s compounded by the Biden Administration’s treatment of U.S. ally Guyana, which sits just next door to Venezuela. The administration vetoed a loan for drilling Guyana’s far cleaner oil, based on the Treasury Department’s August 2021 guidance seeking to end support for fossil fuels.  

Except for fossil fuels in places like Iran and Venezuela, apparently. Make sense of that.  

The Biden Administration’s malpractice sadly recalls Henry Kissinger’s observation that, “To be an enemy of America can be dangerous, but to be America’s friend is fatal.”  

When asked to justify its energy policy incoherence, the Biden Administration simply reverts to its deceptive and discredited “9,000 unused domestic drilling permits” rationalization. This week, Fox News White House correspondent Peter Doocy asked National Security Council spokesman John Kirby why Biden would rather encourage U.S. companies to drill for comparatively dirty oil in Venezuela than here in America. Kirby answered, “The president has issued 9,000 permits for drilling on U.S. federal lands, Peter, and 9,000 are being unused. There are plenty of opportunities for oil and gas companies to drill here in the United States.”  

Energy policy specialist David Blackmon labeled that continuing rationalization “gaslighting,” and explained why:  

The taking of a lease, whether on federal or private lands, is a speculative act, an agreement between a lessee and a lessor to allow, for a price, the lessee to test and explore for oil and gas resources for a specific period of time. When a lease is taken, the lessee seldom knows whether economic volumes of oil and gas resources lie beneath the ground. That can only be determined by running seismic and other evaluation methods before then deciding to risk millions in drilling an initial test well.  

In many circumstances, the preliminary tests don’t produce results justifying such an investment… So we see that, just because a company has entered into a lease and then sought to obtain a permit to drill, that doesn’t mean that a well will necessarily be drilled and oil and gas produced from it.  

Moreover, many of those leases preceded the Biden Administration, which has actually leased fewer acres for onshore and offshore oil and gas drilling than any other administration at this stage in history – and it’s not even close. In the first 19 months of their administrations, President Kennedy leased 3.38 million acres, President Johnson leased 1.79 million acres, Nixon leased 1.87 million, Ford leased 10.23 million, Carter leased 11.77 million, Reagan leased 47.58 million, George H. W. Bush leased 17.23 million, Clinton leased 9.69 million, George W. Bush leased 12.74 million, Obama leased 7.25 million and Trump leased 4.4 million.  

And Joe Biden?  He has leased a miniscule 0.13 million, less than one-tenth the number of his closest competitor Lyndon Johnson.  

Accordingly, the Biden Administration’s repeated citation to 9,000 unused leases to portray itself as pro-domestic energy is the height of dishonesty.  

Meanwhile, American consumers continue to pay the high price of the Biden Administration’s energy policy debacles. This week, the U.S. retail gas price stood at $3.65 per gallon, versus just $2.39 on the day Biden took office in January 2021.  

In additional ominous news, the price of diesel fuel is up 50% since just last year, threatening American consumers as the holiday season approaches. Because ships, trains, trucks, tractors and other farm equipment run on diesel fuel, that translates to higher costs for gifts, food and other holiday goods and services.  

The Biden Administration’s indefensible energy agenda punishes American consumers, cripples our domestic energy industry, undermines jobs in that sector and strengthens hostile dictatorships like Venezuela and Iran. Stuck with a new Republican House, public discontent and Senate Democrats facing a particularly challenging 2024 landscape, the administration may soon discover that there’s a limit to tolerance of its mismanagement.  


Reprinted with Permission from - The Center For Individual Freedom by – Timothy H. Lee

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Anonymous
1 month ago

As I see it, the tremendous efforts to weaken or UTTERLY DESTROY the Second Amendment entirely (and its provisions guaranteed by the US Constitution) by the traitors and their cronies in the White House is because these traitors greatly fear the real possibility of a bloody coup d’etat successfully launched against them!! I think that this scenario will become more likely as long as the living conditions and prosperity of the American people continue to deteriorate under the evill Biden Administration! This famous phrase could soon apply: “Praise the Lord and pass the ammunition”!

J. Salazar
1 month ago

Just this observation. The FOX continues to guard the HEN HOUSE! It never changes, and probably not for the foreseeable future either.

Don L
1 month ago

Why doesn’t anyone talk about the Royalties our government receives on federal leases ? 12.5% is what our government would make on every Dollars worth of Oil

Bill T
1 month ago

Wonder if hunter pocketed a few million with this slimy deal with another communist regime, and how much his compromised and completely treasonous father put into his.

Sid
1 month ago

No there isn’t. They cheat every election cycle. Soon the Bolsheviks will control everything

edward
1 month ago

He is doing what the “elites” want done to increase their power and wealth. They couldn’t do it in an HONEST FREEMARKET SYSTEM!!!!!

CarlB
1 month ago

Absolutely fix our voting system, and also clean out the corrupt politicians and Judges that make laws from the bench.

CarlB
1 month ago

Just don’t understand how the American public can see how this incompetent president is destroying there lives and this country.

BiggyD
1 month ago

Just one more horrendous decision and failure of this administration.They just keep adding up.

Gunny Joe
1 month ago

This article has some good points,BUT will not change a thing. Please put the weight of our memberships (AMAC) behind correcting the failed voting system in the blue states. When we can hold honest and fair elections, elect House and Senators that have a clear understanding of the Constitution and how to serve the people, with a fairly elected President, this Nation might get to be a great Nation again.

BiggyD
1 month ago
Reply to  Gunny Joe

I have to agree. We must correct our voting system and quickly, otherwise we will see the downfall of our republic. Then we must remove all forms of immoral indoctrination and the teaching of misinformation to our children… the next generation of voters.

Dan
1 month ago

IMO Biden, as much as I don’t care for him, would not make these ruinous decisions. China has a ton of videos of Hunter which would blow things wide open. Daddy is protecting his Son, e.g. being blackmailed by China. In addition don’t disagree with comments of Obama (and others from his administration) being involved.

Smitty
1 month ago

He is really sticking to us, one good turn deserves another!Keep it in mind 2024

Don
1 month ago

I really think he’s getting paid monies (for keeping the border open) from the cartels.

harold reyes
1 month ago

KIRBY LIED!! EVIL DEMOCRATS LIE!!! BIDEN SAID, “NO MORE DRILLING”!!!!!!!!!!!!!! EVIL DEMOCRATS LIE!!!! BIDEN SAID, “I WILL ELIMINATE MILLIONS OF FOSSIL FUEL CARS OFF THE ROAD, BY 2035. EVERYONE MUST BUY AN ALL ELECTRIC VEHICLE, BY THEN. NO MORE DRILLING!!!!”. BIDEN ON WAY TO HELL FOR LYING. “LIARS and DECEIVERS shall have THEIR PLACE in the LAKE OF FIRE”, GOD SAID!!!!!!

Pastor Ron
1 month ago

I agree with all of the posted comments. The man has severe dementia and everything things he says or does is given to him in his daily talking points from the progressive left. On a side note I feel sorry for all of those in the military who have him as their CINC. And we know the progressive left hate the military.

Richard
1 month ago

Did not vote for Biden and his last corrupt president

David Block
1 month ago

Joe Biden continues his quest to destroy the USA. Impeach fast.

Jocie Taylor
1 month ago

Is there any way that we can throw this idiot out and I do mean out out out of office

Gabe hanzeli Kent wa
1 month ago

Biden and the dem9crats are completely insane.

Anyone who supports them is either delusional or equality insane.

SAW
1 month ago

Yes, aren’t most Socialist Dictators.

james carlyle
1 month ago

The 9000 lease BS is a non-starter. You can’t drill a well without a permit which is a separate negotiation which has been almost completely stifled by these hypocrites

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