Fasten your seat belt, guys, you are for a fool. Jen Psaki’s latest thoughts on gasoline prices are just That bad.
In the continuing saga of total delusional propaganda from the Biden White House, nothing is more shocking than our current economic recession. Due to rampant inflation and supply chain issues leading to soaring costs, our government continues to try to “explain” what they want us to believe is happening. Although many of us have seen the coming storm, the Democrats continue to point out their cloud of impending economic doom.
We have heard everything from the argument that inflation is a good thing to the suggestion that printing money will not cause inflation. Yes, they want you to believe that increasing the money supply, thereby reducing the value of the currency in circulation, is not the real main cause of inflation, and of course it does not contribute to inflation. Highest inflation rate in the past 40 years. Mayor Pete said there that one solution to inflation is Biden’s infrastructure plan, This is just a large amount of government spending, and it may be necessary to print more money without creating anything or increasing production, because most road and infrastructure planning and funding come from state and local resources. The result of printing money is almost always inflation.
However, as we Noticed yesterday, Just when you thought the delusion statement must end at some point, we got this from the COVID survivor (who got it even if she had been vaccinated) and the White House Press Secretary Jen Psaki:
.@PressSec“Our view is that the long-term increase in natural gas prices provides us with a stronger reason to double our investment and focus on clean energy options.” pic.twitter.com/rdDIm2spwY
— Townhall.com (@townhallcom) November 12, 2021
“Look, our view is that in the long run, rising natural gas prices make it more necessary for us to double our investment and focus on clean energy options, so we do not rely on uh… volatility and OPEC and their willingness to increase supply and satisfy Market demand.”
Wait…what?
They believe that the higher natural gas prices directly attributable to Biden’s policies are to some extent a reason for doubling investment (hint: your taxes) in “clean energy options” (except for the cleanest and most efficient nuclear power) , So that we do not rely on foreign oil, when they took office we no longer rely on?
This is either a downright stupid understanding of how energy prices are determined, or it seems to me more likely to admit changes in policies to drive natural gas prices soaring as a way to prove that energy prices are less efficient and more expensive. Crazy spending is reasonable.
When Biden came to power in January, natural gas prices were low and stable.Right now, Biden Cancel the Keystone oil pipeline, Destroying oil futures. He suspended all new oil and gas leases. His policy not only supports clean energy, but also opposes fossil fuels, which makes energy producers panic and do not know how to advance the plans of the United States and Canada to produce more oil and natural gas.After the unilateral cancellation of Keystone, existing pipelines like Enbridge’s Michigan Line 5 carrying 540,000 barrels of oil per day fell into a state of uncertainty. Will the Biden administration come to them next timeIn the case of Line 5, another eccentric government, this time, Governor Whitmer in Michigan unilaterally Order to stop using pipelines in MayEnbridge respectfully told Whitmer to beat the sand.
Let us not forget, after Cyber attack on pipeline Dealing with 15% of our nationwide distribution, natural gas prices started to rise. After determining that the perpetrators were connected to Russian hackers, Biden announced a zero-tolerance cyberattack policy to carry out any attacks on certain types of US infrastructure. What do you think Biden did against the colonial pipeline attack? It’s not a ghost.
When Psaki stood up and said that rising gasoline prices were a good thing, all she did was provide cover for the Democratic policy that caused the problem in the first place. When Biden took office, the United States had achieved energy independence, she hinted that rising natural gas prices may be the way to achieve American energy independence, thus magnifying her dishonesty. But is this the point she wants to express? Has the Biden administration always planned to create a fossil fuel crisis to justify their aggressive agenda? It sounds so.
This makes the Biden administration’s situation worse. Can clean energy projects be funded only if the current crisis is caused? Do they have to nearly double the price of gasoline to get what they want? Is it necessary to throw American household budgets into chaos to prove their point? Are active clean energy plans mutually exclusive with maintaining low oil prices and US energy independence? Of course, we know that the answer to all these questions is no. However, they did it anyway.
Do they have data showing that doing so will accelerate the transition to clean energy? Probably not, because the capital required to invest in clean energy is increasingly disappearing as fuel costs and cargo transportation costs continue to increase. So what about the taxes needed to fund such a noble and expensive climate agenda? Well, when you make things more expensive, something interesting happens: people spend less, buy less, and live with less. This has resulted in a series of effects, including reduced production, hiring fewer people, reduced working hours, and even cessation of operations in some cases. A direct result is that tax revenues have suffered across the board.
However, it is not just energy policy that causes this situation. Please keep in mind that our inflation rate has risen, leading to increased product costs. Literally, it takes more dollars to buy the same amount of gasoline. Crude oil is also traded in U.S. dollars. In the past year, the U.S. dollar has depreciated sharply, and more U.S. dollars are needed to purchase the same amount of crude oil.
However, Psaki wants you to believe that this is an OPEC supply problem. Somehow, OPEC is annoying us because every problem related to rising natural gas prices is directly attributable to Biden and the Democratic Party.
It is hard to imagine that all this is wrong. If so, then the near-scholastic incompetence required to cause this economic collapse should be commended. What I mean is, as a policy maker who accidentally accomplished all of this in less than a year, how can you describe such a huge disaster? This is why I, and possibly you, when reading this article, can only come to the conclusion that this is not the case. This must be part of the plan. This must be what they intend to do so that they can fundamentally change the American economy and industry. Remember, Rahm Emmanuel once said that you “never waste a good crisis.” So, what about the crisis they created? What about the crisis they created? There are many solutions to the synthetic crisis, but the person in charge only provides one solution: “Double our investment and focus on clean energy options.”
I mean…is it really that crazy?
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