May 25, 2022

Joe Biden says goodbye to any possibility of lifting restrictions on domestic energy production amid skyrocketing energy prices

President Joe Biden has mishandled or outright created several crises that have caused gas prices to soar. Still, he won’t entertain the simplest solution.

Biden confirmed he would not consider lifting restrictions and regulations on domestic energy that would keep prices from raging out of control, Breitbart reported. At the same time, Biden has prohibited Russian oil imports, thus further reducing supply.

“Loosening environmental regulations or pulling back clean energy investment won’t โ€” let me expand,” the president said Tuesday from the White House. “Won’t. Will not lower energy prices for families,” he said.

The U.S. has stopped importing oil from Russia as another means to sanction Russian President Vladimir Putin for invading Ukraine. While that’s a necessary step, it adds to the problem while Biden is also limiting viable solutions that could help right now.

Instead, Biden is doubling down on his green energy rhetoric. “But transforming our economy to run on electric vehicles powered by clean energy with tax credits to help American families winterize their homes and use less energy โ€” that will,” he said. “That will help.”

The president further urged the need for European leaders to work together for “long-term strategies” for reducing reliance on fossil fuels. “They have to wean themselves off of Russian oil. It’s just not tenable,” he said.

Biden spoke of renewables as an alternative to dealing with “tyrants like Putin” who were “weaponizing their natural resources” to manipulate the world. “If we do what we can, it will mean that no one will have to worry about price of gas pump in the future,” the president said.

There’s nothing wrong with working toward green energy alternatives to crude oil. However, oil fuels commerce and most facets of our economy in the meantime — and we can’t afford to leave options on the table for lowering prices at a time like this.

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