Don’t pretend that high prices and American suffering are a ‘bug’ for the establishment — it’s a historic feature
Yes, the record of those establishment hacks seems pretty bad. Of course, that assumes they want cheap gas, cheap food, energy independence and to promote America’s interests. There’s every reason to think the opposite: We’re not getting cheap gas, cheap food, energy independence, etc. because that’s not what the establishment wants. What we’re getting is what the establishment does want; if we don’t like it, tough.
Obama, Biden, Warren, Buttigieg, AOC, et. al., want energy usage curtailed. They’ve repeatedly told us they will make this happen by dramatically increasing the cost of energy.
Now they are experiencing success. So, they must deny high prices have anything to do with their policies. This is because the human immiseration from high energy prices quickly becomes experientially and intuitively obvious to everyone. Acknowledging your success in the endeavor is saying the quiet part out loud.
Michael Moore did a masterful job of implying that quiet part, without going full Extinction Rebellion, in his 2019 film Planet of the Humans. He caused a stir because he severely ruffled some envirostatist feathers by pointing out the magnitude of the Green Energy public/pirate partnership fraud.
Moore nails the fraud part. But his real message was subtle: We face an existential, ecological dilemma. We can escape it only by drastic reductions in human population and impoverishment of (most of) those who remain.
My review is here: Planet Without Humans. There’s a link to Moore’s film there, and it is worth watching. The skewering of the green fraudsters is amusing, and the barely submerged lamentation about humans as a cancer on the planet is a “know your enemies” education.
Following are some practical insights, in three parts, about the policy effects arising from Envirostatist population control goals.
Together, these are a primer on the domestic oil industry: The mechanics of leases/permits/financing/production under the Biden Administration. Written by David Middleton, who describes himself as “a geologist/geophysicist in the “climate wrecking industry” since 1981 at Watts Up With That?.
Democrat Senators Demand That Oil Companies Increase Production
Do they really think we can just “dial up the volume” on oil wells? Competent operators produce oil wells at the rate that maximizes the volume of recoverable oil. We don’t dial the volume up and down in an effort to control uncontrollable oil prices. When prices rise, we have more cash flow to spend on additional drilling. This increases oil production, which eventually lowers prices. Production will increase in response to higher prices, but it’s not an instantaneous thing.
Jen Psaki: “There are 9,000 approved oil leases that the oil companies are not tapping into currently”…
“Oil leases” are the mineral rights to geographical tracts of land/seafloor. They don’t have oil because the government designates them as “oil leases.” In the Central GOM, on the shelf, a standard “oil lease” is a 3 mile by 3 mile square tract, covering 5,000 acres. Standard deepwater leases are a bit larger, covering 5,760 acres… However, they’re all just square tracts of acreage. Well, not all… Some leases along the edges of the protraction areas are smaller polygons. The geology of the Gulf of Mexico and the oil that migrated into its geological traps didn’t pay attention to the future leasing plans of the US government.
Jen, Joe… Is it 9,000 leases or 9,000 permits that oil companies are allegedly sitting on?
Since, Brandon seemed serious about “banning new oil and gas permitting on public lands and waters”, oil companies with large lease positions on Federal lands in places like New Mexico and Wyoming began stockpiling drilling permits to ensure that they had sufficient inventory to continue drilling through at least the next 4 years…
These companies stockpiled four years worth of drilling permits. They may “have 9,000 permits.” However, they’re not “to drill now.” They applied for sufficient permits to maintain their drilling programs from 2021 through 2024… Because Brandon promised to shut down permitting…
The concern was so great that we were advised to file Suspension of Operations (SOO) applications for all of our leases in the Gulf of Mexico…
“Biden’s first actions as president included re-entering the Paris Climate Accord, canceling the Keystone XL Pipeline, halting a leasing program in the Arctic National Wildlife Refuge (ANWR), issuing a 60-day halt on new oil and gas leases and drilling permits on federal lands and waters (which account for nearly 25% of U.S. production), directing federal agencies to eliminate fossil fuel “subsidies,” imposing tougher regulations on oil and gas methane emissions (which were first promulgated under President Barack Obama and had been eased under President Donald Trump), and hiring SEC regulators to prepare climate and ESG disclosure mandates.”
But don’t worry, Fauxcahontas has a solution:
Elizabeth Warren Says the Solution to High Gas Prices Is Higher Taxes on Oil Companies
She’s just lucky Ellis Wyatt isn’t in charge of the oil companies.