Energy
8 ways the Biden / Harris government made gasoline prices higher
From Energy Talking Points
By Alex Epstein |
Any politician who supports the “net zero” agenda is working to make gasoline prices much higher
This is Part 1 of a 4 part feature where I cover 4 of the top energy issues being discussed this summer
- Every politician will claim this summer that they’re working to make gasoline prices lower, because they know that’s what voters want to hear.
But the many politicians that support “net zero by 2050” are working to make gasoline prices higher.
- For the US to become anywhere near “net zero by 2050,” gasoline use needs to be virtually eliminated.¹
- Since Americans left to their own free will choose to use a lot of gasoline, the only way for “net zero” politicians to eliminate gasoline is to make it unaffordable or illegal.
Low gasoline prices are totally incompatible with “net zero.”
- The Biden-Harris administration knows that all fossil fuels, including gasoline, need to be far more expensive for them to pursue “net zero.” That’s why the EPA set a rising “social cost of carbon” starting at $190/ton—the equivalent of adding $1.50 a gallon to gasoline prices!²
- From Day 1, President Biden has openly supported the destruction of the fossil fuel industry, from his 2019 campaign promise of “I guarantee you, we’re going to end fossil fuel” to his 2021 executive order declaring that America will be “net zero emissions economy-wide” by 2050.³
- Kamala Harris has, unfortunately, been even more supportive of the “net zero” agenda and therefore higher gasoline prices. In 2020 she supported a fracking ban, which would have destroyed 60% of US oil production. And she cosponsored the fossil fuel-destroying Green New Deal.⁴
- Of course, Joe Biden and Kamala Harris, like all politicians, claim to be for lower gasoline prices. But because their real priority is the “net zero” agenda, in practice they are doing everything they can to raise prices.
-
Here are 8 specific actions they’ve taken.
- Biden Gas Gouging Policy #1
Biden has worked to increase gasoline prices by taking a “whole-of-government” approach to reducing greenhouse gas emissions
. This entails reducing oil investment, production, refining, and transport, all of which serves to increase gas prices.⁵
 |
- Biden Gas Gouging Policy #2
Biden has worked to increase gasoline prices by expanding the anti-fossil-fuel ESG divestment movement
. ESG contributed to a 50% decline in oil and gas exploration investments from 2011-2021, resulting in artificially higher prices. Biden is making it worse.The ESG movement is anti-energy, anti-development, and anti-America
·January 6, 2022
ESG poses as a moral and financially savvy movement. In reality it is an immoral and financially ruinous movement that is destroying the free world’s ability to produce low-cost, reliable energy. This prevents poor countries from developing and threatens America’s security. Read full story - Biden Gas Gouging Policy #3
Biden has worked to increase gasoline prices via “climate disclosure rules,”
an oil and gas investment-slashing measure that coerces companies into spouting anti-fossil-fuel propaganda and committing to anti-fossil-fuel plans—plans that will raise gas prices.The “climate disclosure” fraud
·Mar 16
Congress won’t support Biden’s anti-fossil-fuel agenda. Read full story
- Biden Gas Gouging Policy #4
Biden has worked to increase gasoline prices by issuing a moratorium on oil and gas leases on federal lands, stunting oil and gas production and investment
. When it’s harder to produce and invest in oil, gasoline gets more expensive.⁶
 |
- Biden Gas Gouging Policy #5
Biden has worked to increase gasoline prices by hiking the royalty rate for new oil leases by 50%
. This is money the government gets from the industry on top of taxes. And it discourages oil investments, meaning less production meaning higher gas prices.⁷
- Biden Gas Gouging Policy #6
Biden has worked to increase gasoline prices by restricting oil and gas leasing on nearly 50% of Alaska’s vast petroleum reserve
. This is a crippling blow to Alaska’s oil and gas industry. Less Alaskan oil means higher gas prices.⁸
- Biden Gas Gouging Policy #7
Biden has worked to increase gasoline prices by threatening to stop oil and gas mergers
. Mergers, which increase efficiency, benefit domestic production and lower prices. Blocking mergers raises oil prices long-term, which means higher gas prices.Why government should leave oil and gas mergers alone
·Jun 3
Myth: Oil and gas mergers are bad for America because they make oil more expensive. Read full story - Biden Gas Gouging Policy #8
Biden has worked to increase gasoline prices by cancelling the Keystone XL pipeline
. This prevented Canada from using its vast oil deposits to their full potential—meaning lower global supply and higher prices for oil and gasoline.⁹
- Joe Biden should level with the American people and make clear that his agenda is to increase gasoline prices—much like Obama’s infamous admission that “electricity rates would necessarily skyrocket” under his energy plan.
Or he should apologize and embrace energy freedom.¹⁰
“Energy Talking Points by Alex Epstein” is my free Substack newsletter designed to give as many people as possible access to concise, powerful, well-referenced talking points on the latest energy, environmental, and climate issues from a pro-human, pro-energy perspective.
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Daily Caller
‘Not Held Hostage Anymore’: Economist Explains How America Benefits If Trump Gets Oil And Gas Expansion
From the Daily Caller News Foundation
Economist Steve Moore appeared on Fox Business Tuesday to discuss what he called the significance of expanding domestic oil and gas production in the United States.
President Donald Trump’s Executive Order 14154 aims to secure U.S. energy independence and global leadership by awarding 10-year oil and gas leases. During an appearance on “The Bottom Line,” Moore said that if Trump’s energy policies succeed then America will no longer have to rely on foreign oil.
“If Trump goes forward with what he wants to do, and our energy secretary is all in on this, produce as much oil and gas as we can here at home in Texas and North Dakota and Oklahoma and these other states. Then we’re not held hostage anymore to what’s happening in the Middle East,” Moore said. “That’s what’s so frustrating. We have more of this stuff than anybody does.”
WATCH:
Moore then pointed to some of former President Joe Biden’s early decisions, particularly the cancellation of pipelines. Moore said these actions left the U.S. vulnerable to external energy crises.
“I don’t want to overemphasize the Strategic Petroleum Reserve. It’s good that we have this sort of safety knot in case you have some kind of blow up in the Middle East, like we have now. But, ultimately, what Joe Biden did was the most sinister of all,” Moore said. “You guys remember what was the first thing when he became president? He canceled pipelines. He destroyed our energy infrastructure.”
During his first term, Trump signed executive orders to advance major pipelines, including instructing TransCanada to resubmit its application for a cross-border permit for the Keystone XL Pipeline, which is designed to transport oil from the tar sands of Alberta, Canada to refineries on the Gulf Coast. On his first day in office, Biden revoked the permit for the Keystone XL Pipeline, effectively halting its development.
Alberta
Alberta is investing up to $50 million into new technologies to help reduce oil sands mine water
Technology transforming tailings ponds
Alberta’s oil sands produce some of the most responsible energy in the world and have drastically reduced the amount of fresh water used per barrel. Yet, for decades, operators have been forced to store most of the water they use on site, leading to billions of litres now contained largely in tailings ponds.
Alberta is investing $50 million from the industry-funded TIER system to help develop new and improved technologies that make cleaning up oil sands mine water safer and more effective. Led by Emissions Reduction Alberta, the new Tailings Technology Challenge will help speed up work to safely reclaim the water in oil sands tailing ponds and eventually return the land for use by future generations.
“Alberta’s government is taking action by funding technologies that make treating oil sands water faster, effective and affordable. We look forward to seeing the innovative solutions that come out of this funding challenge, and once again demonstrate Alberta’s global reputation for sustainable energy development and environmental stewardship.”
“Tailings and mine water management remain among the most significant challenges facing Alberta’s energy sector. Through this challenge, we’re demonstrating our commitment to funding solutions that make water treatment and tailings remediation more affordable, scalable and effective.”
As in other mines, the oil sands processing creates leftover water called tailings that need to be properly managed. Recently, Alberta’s Oil Sands Mine Water Steering Committee brought together industry, academics and Indigenous leaders to identify the best path forward to safely address mine water and reclaim land.
This new funding competition will support both new and improved technologies to help oil sands companies minimize freshwater use, promote responsible ways to manage mine water and reclaim mine sites. Using technology for better on-site treatment will help improve safety, reduce future clean up costs and environmental risks, and speed up the process of safely addressing mine water and restoring sites so they are ready for future use.
“Innovation has always played an instrumental role in the oil sands and continues to be an area of focus. Oil sands companies are collaborating and investing to advance environmental technologies, including many focused on mine water and tailings management. We’re excited to see this initiative, as announced today, seeking to explore technology development in an area that’s important to all Albertans.”
Quick facts
- All mines produce tailings. In the oil sands, tailings describe a mixture of water, sand, clay and residual bitumen that are the byproduct of the oil extraction process.
- From 2013 to 2023, oil sands mine operations reduced the amount of fresh water used per barrel by 28 per cent. Recycled water use increased by 51 per cent over that same period.
- The Tailings Technology Challenge is open to oil sands operators and technology providers until Sept. 24.
- The Tailings Technology Challenge will invest in scale-up, pilot, demonstration and first-of-kind commercial technologies and solutions to reduce and manage fluid tailings and the treatment of oil sands mine water.
- Eligible technologies include both engineered and natural solutions that treat tailings to improve water quality and mine process water.
- Successful applicants can receive up to $15 million per project, with a minimum funding request of $1 million.
- Oil sands operators are responsible for site management and reclamation, while ongoing research continues to inform and refine best practices to support effective policy and regulatory outcomes.
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