excalibur
Diamond Member
- Mar 19, 2015
- 18,138
- 34,343
- 2,290
Democrats have screwed America over energy for two decades now. Time to rid ourselves of their stupidity.
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Still, there are complications. The United States is the world’s largest oil producer and one of the largest — in some months, the largest — exporters of oil, natural gas, and petroleum products. We produce about 20 percent more oil than second-place Russia does. But we also import a great deal of oil and other petroleum products for a variety of reasons, ranging from the configuration of U.S. refineries to artificial production and transport constraints such as the Jones Act to all those blocked pipeline projects and bans on “fracking.” New Yorkers are not alone in paying a high price for the stupidity and cowardice of Andrew Cuomo.
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We could spare ourselves some of these calculations by maximizing our own output — not only of crude oil and natural gas but also of refined-petroleum products. That would also mean building the necessary pipeline infrastructure and reforming our antiquated maritime regulations to enable the transportation of those fuels. Doing so would offer many benefits that ought to appeal to Democrats and Republicans alike: lower prices, more strategic and economic flexibility, and a bunch of high-paying jobs for people who are not software engineers, investment bankers, or lawyers. But with the exception of waiving the Jones Act, none of that is work that can be done by next Monday.
And Biden needs a new energy strategy yesterday. Nuclear-power advocate Elon Musk can be three bowls deep and still offer a more coherent analysis of the energy situation than the Biden administration does at its soberest.
My guess is that the relative political weights will tip the Biden administration’s scales in the direction of tapping Venezuela as a short-term measure rather than asking voters to suffer $6-a-gallon gasoline or enraging the true-believer greens by beginning the medium-to-long-term project of jacking up U.S. energy production.
That will be very good news for Nicolás Maduro, and pretty good news for Vladimir Putin, too.
Still, there are complications. The United States is the world’s largest oil producer and one of the largest — in some months, the largest — exporters of oil, natural gas, and petroleum products. We produce about 20 percent more oil than second-place Russia does. But we also import a great deal of oil and other petroleum products for a variety of reasons, ranging from the configuration of U.S. refineries to artificial production and transport constraints such as the Jones Act to all those blocked pipeline projects and bans on “fracking.” New Yorkers are not alone in paying a high price for the stupidity and cowardice of Andrew Cuomo.
...
We could spare ourselves some of these calculations by maximizing our own output — not only of crude oil and natural gas but also of refined-petroleum products. That would also mean building the necessary pipeline infrastructure and reforming our antiquated maritime regulations to enable the transportation of those fuels. Doing so would offer many benefits that ought to appeal to Democrats and Republicans alike: lower prices, more strategic and economic flexibility, and a bunch of high-paying jobs for people who are not software engineers, investment bankers, or lawyers. But with the exception of waiving the Jones Act, none of that is work that can be done by next Monday.
And Biden needs a new energy strategy yesterday. Nuclear-power advocate Elon Musk can be three bowls deep and still offer a more coherent analysis of the energy situation than the Biden administration does at its soberest.
My guess is that the relative political weights will tip the Biden administration’s scales in the direction of tapping Venezuela as a short-term measure rather than asking voters to suffer $6-a-gallon gasoline or enraging the true-believer greens by beginning the medium-to-long-term project of jacking up U.S. energy production.
That will be very good news for Nicolás Maduro, and pretty good news for Vladimir Putin, too.
Biden’s Energy-Policy Bind | National Review
Should the United States throw a lifeline to the worst tyrant in the Western hemisphere in order to undermine an even worse tyrant in Europe?
www.nationalreview.com