Hold onto your wallets, because the Biden administration is poised to hit Americans where it hurts the most – at the gas pump. According to the American Automobile Association (AAA), the average price for a gallon of gas now stands at a staggering $3.60, reaching an eye-popping $5.62 in California. Instead of taking measures to assist hardworking Americans by boosting oil production and thus lowering gas prices, President Biden and his associates are squandering $350 million of taxpayer funds to close down oil wells. Can you believe it?
This nonsensical move is part of a program introduced by the Environmental Protection Agency (EPA) and the Department of Energy (DOE) in late August, known as "Mitigating Emissions from Marginal Conventional Wells." The program's aim is to incentivize states to close low-producing oil and gas wells, depleting our finances and eliminating jobs within the oil industry. Who needs affordable energy and well-compensated jobs, anyway?
The DOE asserts that this program will contribute to reducing methane emissions, which they claim are "one of the biggest drivers of climate change." However, many view climate change alarmism as a tactic to exert control and promote a radical agenda. While they tirelessly espouse theories about greenhouse gases, they conveniently overlook that methane is a minor contributor to overall emissions. It seems that facts become irrelevant when pushing a particular narrative.
Unsurprisingly, Biden's plan has earned praise from supporters within the EPA. EPA head Michael Regan even took to social media to commend the program, suggesting that the volume of methane emitted from oil and gas facilities could "fuel millions of homes a year" and serves as a "major driver of the climate crisis." But if Mr. Regan truly desires a substantial impact on emissions, perhaps he should focus on addressing the most significant methane emitters – cow flatulence. However, such a move doesn't align with their anti-oil agenda.
Not everyone is buying into this environmentalist ideology. Wyoming Governor Mark Gordon, a Republican, has rightfully criticized the Biden administration's ill-conceived plan. He emphasized that this strategy, hatched by "DC bureaucrats," demonstrates a blatant disregard for the vital role the oil industry plays in Wyoming's economy. Governor Gordon recognizes that oil wells provide jobs, generate revenue, and bolster our economy. In contrast to the disconnected Democrats in Washington, he understands that we require more oil production, not less.
A glimpse into president Biden policy:
$80 billions in oil revenue. The real money is the rising of Iranian oil output as sanctions aren't enforced. At current price Iran is making about 1.5 billion per month extra vs if it's production was capped at Oct 2022 levels. #Corrupt pic.twitter.com/4C9qvK7rCa
— Gol🇺🇲 (@goliizz) October 13, 2023
So, be prepared, because thanks to the Biden administration's short-sighted and misguided policies, gas prices are set to continue their upward trend. Despite their claims of environmental concern, their actions speak louder than their words. Their priority appears to be appeasing their radical base rather than assisting everyday Americans. It's time to take a stand against these detrimental policies and advocate for affordable energy and the hardworking individuals in the oil industry. Our wallets and livelihoods hinge on it.