A real energy policy that works

The Biden administration keeps dishonestly saying that a) there's nothing they can do about gas prices and b) high gas prices are part of Putin's fault. Those statements are disinformation. Newt Gingrich's latest article highlights what can be done to alleviate today's record-high gas prices. Further, the American Petroleum Institute has published this 10-point plan that would quickly lower gas prices.

Newt highlights what's possible if the right policies are implemented. None of these policies are currently in place. In fact, the Obama-Biden administration fought against Newt's policies. That isn't that surprising since then-Candidate Obama once said that his Cap-and-Trade plan would cause electricity prices to necessarily skyrocket.

The other thing that's important to note is that the Biden administration and its surrogates insist that there's nothing they can do because we're part of a global oil market. That's a BS excuse. We've been part of a global oil market for 50+ years. Why is it only now that we have nationwide gas prices over $5.00? A: it's the Biden policies that've driven up oil prices. Let's look at API's 10-point plan:

1. Lift Development Restrictions on Federal Lands and Waters The Department of the Interior (DOI) should swiftly issue a 5-year program for the Outer Continental Shelf and hold mandated quarterly onshore lease sales with equitable terms. DOI should reinstate canceled sales and valid leases on federal lands and waters.
2. Designate Critical Energy Infrastructure Projects Congress should authorize critical energy infrastructure projects to support the production, processing and delivery of energy. These projects would be of such concern to the national interest that they would be entitled to undergo a streamlined review and permitting process not to exceed one year.
3. Fix the NEPA Permitting Process The Biden administration should revise the National Environmental Policy Act process by establishing agency uniformity in reviews, limiting reviews to two years, and reducing bureaucratic burdens placed on project proponents in terms of size and scope of application submissions.
4. Accelerate LNG Exports and Approve Pending LNG Applications Congress should amend the Natural Gas Act to streamline the Department of Energy (DOE) to a single approval process for all U.S. liquefied natural gas (LNG) projects. DOE should approve pending LNG applications to enable the U.S. to deliver reliable energy to our allies abroad.
5. Unlock Investment and Access to Capital The Securities and Exchange Commission should reconsider its overly burdensome and ineffective climate disclosure proposal and the Biden administration should ensure open capital markets where access is based upon individual company merit free from artificial constraints based on government-preferred investment allocations.
6. Dismantle Supply Chain Bottlenecks President Biden should rescind steel tariffs that remain on imports from U.S. allies as steel is a critical component of energy production, transportation, and refining. The Biden administration should accelerate efforts to relieve port congestion so that equipment necessary for energy development can be delivered and installed.
7. Advance Lower Carbon Energy Tax Provisions Congress should expand and extend Section 45Q tax credits for carbon capture, utilization, and storage development and create a new tax credit for hydrogen produced from all sources.
8. Protect Competition in the Use of Refining Technologies The Biden administration should ensure that future federal agency rulemakings continue to allow U.S. refineries to use the existing critical process technologies to produce the fuels needed for global energy markets.
9. End Permitting Obstruction on Natural Gas Projects The Federal Energy Regulatory Commission should cease efforts to overstep its permitting authority under the Natural Gas Act and should adhere to traditional considerations of public needs as well as focus on direct impacts arising from the construction and operation of natural gas projects.
10. Advance the Energy Workforce of the Future Congress and the Biden administration should support the training and education of a diverse workforce through increased funding of work-based learning and advancement of STEM programs to nurture the skills necessary to construct and operate oil, natural gas and other energy infrastructure.

Until Biden changes his energy policies, things won't improve. Phil Flynn explains why in this interview:

Biden and his mindless minions are wedded to the climate change cultists that litter the Democrat Party.

Finally, there's this:

In his letter Mr. Biden orders the refiners to increase supply pronto, but they have to make business decisions based on long-term market expectations. The same is true for oil producers. The President slams refiners for reaping record profits. Does he not understand markets? Refining petroleum is a low-margin business, and the companies lost money early in the pandemic as demand for gas and other fuels fell. Now margins have widened as demand rises again and the industry’s capacity to produce them has shrunk.

Thursday afternoon, during Larry Kudlow's riff, he announced that ExxonMobil paid $40,000,000,000 in federal income taxes. Meanwhile, Biden accused them of not paying their fair share. If Biden's goal is to decimate his credibility, he's heading in the right direction. What a loser.