I am not against EVs.... I think though we aren't getting short term help because it is a government driven market not a consumer. And Biden who touts unity certainly caused gas prices to climb with this statement:
I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM
With Biden as President the oil companies said and I quote:
CEO of Chevron , Mike Wirth's response:
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You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, ‘We don’t want these products.’”
So yes, if someone guarantees to put you out of business you have the excuse to raise your prices for as long as you can, sell off as much of your assets, shut down expensive facilities that are "guaranteed" to be rid of by the President of the United States! Only good business! Get it while you can!
Rather than driving a wedge between fossil fuels and the government why couldn't Biden said this which I'm suggesting would have been less DIVISIVE!
"We need to work with the fossil fuels industry to reduce Co2 emissions and the US government will be helping as we consider the fossil fuel industry a totally important building block of our economy"!
My statement agrees.. reduce CO2 emissions by working WITH the fossil fuels industry.
But Biden stupidly invites division. Invites raising gas prices!
To Rep. Jim Banks, R-Ind., chairman of the RSC, Biden’s statement is a promise that he has kept during his first 15 months in office.
"
If you make U.S. energy production more expensive and difficult, then the price of gas goes up. It’s not complicated, and it’s why Americans are paying over $4 at the pump," Banks told FOX Business.
President Biden acted on his campaign promise to “end fossil fuel” – and the result has been skyrocketing gas prices, an influential Republican committee claims in a memo obtained by Fox Business.
www.foxbusiness.com