Is Biden Administration Intentionally Driving Fuel Costs Higher?
Washington D.C. — Is the Biden Administration enacting energy policies for the purpose of driving fossil fuel costs higher?
As energy prices continue to spike — as evidenced by the average price of on-highway diesel increasing eight weeks in a row, and now at a level not seen since 2014 — critics of President Biden’s handling of the issue assert he is intentionally creating more pain in order to boost Democrats’ chance to pass its unprecedented $3 trillion “Build Back Better” spending agenda.
When questioned about the escalating energy costs last month, White House Press Secretary Jen Psaki denied the administration is taking steps to deliberately cause fossil fuel costs to increase, but claimed the “threat of the climate crisis certainly can’t wait any longer.”
Speaking from the White House on Friday, Psaki argued the sharp rise in diesel and gasoline prices since President Biden took office actually make it even more imperative to pass his green energy agenda.
“Look, our view is that the rise in gas prices over the long term makes an even stronger case for doubling down on our investment and our focus on clean energy options so we are not relying on the fluctuations and OPEC and their willingness to put more supply and meet the demand in the market,” she said.
— Townhall.com (@townhallcom) November 12, 2021
Energy policy expert Daniel Turner, founder of the non-profit group Power the Future, told Transportation Nation Network earlier this year to expect energy prices to continue soaring, citing President Biden’s decisions to cancel the Keystone XL pipeline, ban fracking on federal land, and rejoin the Paris Climate Agreement.
After Psaki’s comments today, Turner took to social media to give his assessment of what he believes is really going on here.
“This is like opening a martial arts studio then hiring someone to beat up the locals and saying the rise in violence is ‘stronger case for doubling down on our investment,'” Turner said. “Biden created this problem now wants his green agenda to solve it. It’s immoral.”
This is like opening a martial arts studio then hiring someone to beat up the locals and saying the rise in violence is “stronger case for doubling down on our investment.”
Biden created this problem now wants his green agenda to solve it.
It’s immoral. https://t.co/wWw0Fplk82
— Daniel Turner (@DanielTurnerPTF) November 12, 2021
Many truckers, like John Gilberston, agree with Turner.
Yes you did pic.twitter.com/ziPEGGQM9X
— john gilbertson (@trapperjohn151) November 11, 2021
Inflation Hits 30-Year High
In addition to skyrocketing energy costs and chaos in the supply chain, the Biden Administration is also facing an inflation crisis as the consumer price index (CPI) hit a 30-year high in October, up 6.2% from a year ago.
Psaki asserted the unprecedented level of spending called for in the BBB plan will actually “ease inflationary pressure over the long-term.”
“When we move past the economic jargon… and talk about the real impacts on peoples’ lives, we’re really talking about costs for people. It’s cost of childcare. It’s cost of housing… cost of gas… cost of household goods. That’s how people are experiencing this on a day to day basis and that is of course of concern to the President.”
The solution is clear, according to Psaki.
“Our view is that the real risk here is inaction,” she stated.
Congress approved the first piece of Mr. Biden’s BBB agenda — a $1.2 trillion infrastructure package — last week.
The President is expected to sign it into law on Monday, November 15.
Meanwhile, Democrats are moving full speed ahead on the second bill — a $1.75 trillion social spending plan — they hope to pass before Thanksgiving.