Treason, straight up.
Joe Biden is busy blaming gas station owners for the soaring prices of filling up at the pump.
Why, those dirty birds!
It’s his latest scheme to deflect blame for the nasty price shocks he’s brought on us, with gas going for about $5 a gallon nationwide, and $6-something in tax-happy, save-the-planet California.
He’s also blamed Putin, Big Oil producers, oil refineries, Republicans, and anyone but himself when it’s obvious enough that the root of the problem is his crush-the-oil-industry policies that he launched on day one in the name of “going green.” Combine it with his monster rounds of federal money-printing, which has brought on authentic inflation, and it’s a double-whammy of inflation and constrained supply.
Oh, but rest assured, he says he’s the good guy here:
I promise you I’m doing everything possible — everything possible to bring the price of energy down, gas prices down. And I want to make sure we all work on this together.
So he babbled. That’s from the White House official transcript.
His “everything possible” is weasel words. What he means is everything possible for him politically to bring down prices, not everything possible that will result actual price-cutting at the pump.
That’s why he’s
failedrefused to reverse his horrible decisions on the Keystone XL pipeline from Canada,
FIFY, Monica mine.
which would have brought America all the energy it needed, or reverse his bad decisions on drilling on federal land and waters, which would have restored American energy independence and maybe even made the U.S. an exporter of energy again. Those would be moves he could just throw the word out he was doing and would have brought energy prices down at least somewhat, minus the cost of Fed-generated inflation, given the importance of the futures market to energy trading. Instead, he’s gone begging the Saudis and Venezuelans to pump more oil for him and released about half the Strategic Petroleum Reserves, using it as an open-market mechanism to blunt the effect his bad policies rather than for the emergencies it’s intended to address. None of this has brought down the price of oil.
Think I was engaging in a little over-the-top rhetoricization with that “treason” business, do ya? Where is all this “treason,” forsooth? Gird your loins, O ye doubting Thomasii.
Now we learn that a huge chunk of this oil has gone abroad — to Europe, which, like the grasshopper that never bothered to save for a rainy day, what with Putin on the march demanding to be paid in rubles for his oil and natural gas, has left the continent short. Putin’s doing great on the price of petroleum, having lots of markets to sell to if Europe won’t buy from him, and the Russian ruble has strengthened. Worse still, a lot of this SPR release has gone to Asia, particularly China, which isn’t using it to fuel gas stations.
According to Reuters, which broke the story, it’s some 5 million barrels in just the last month alone, arriving at China’s Pacific ports.
The American Energy Alliance points out that it’s actually worse than it looks. China isn’t even using the oil; it’s stockpiling it for its own strategic petroleum reserves, meaning the U.S. oil taken off the market is not helping to lower the price of crude even on a worldwide basis.
I’m not an unreasonable man. That being so, I am perfectly willing to stipulate that Fuck(ing) Jaux Biden might actually NOT be the sorriest sumvabitch who ever shat behind a pair of shoes. But with this revoltin’ development, it couldn’t be more obvious that that ain’t the way to bet.
Oh, for the halcyon days of yore, when we used to hang scuzznuggets who pulled shit like this by their necks until they were dead, dead, DEAD. If this ain’t treason, I hope to never, ever see whatever is.