Oil Prices Pass $112 Barrel, OPEC Holding Firm, Here Comes $7 Gasoline

L

livingston

20×102mm Vulcan
Messages
50,029
Reaction score
136,774
Location
livingston county

Manchin: Here's how Biden can help fix his energy crisis​

With the exception of those who travel in their own private jets, pretty much nobody seems to be buying the White House line about the “patriotic” need to pay seven bucks per gallon for gasoline or double their normal heating and utility bills to “defend democracy.” We’re also seeing our partners in western Europe dealing with a sudden dearth of natural gas and other energy sources. West Virginia Senator Joe Manchin pitched an idea this week that could address both problems. Speaking as the Chairman of the Senate Committee on Energy and Natural Resources, Manchin is calling on Joe Biden to finish the 303-mile Mountain Valley Pipeline to bring liquified natural gas (LNG) to overseas markets, replacing the anticipated loss of Russian natural gas. It would also boost domestic supply lines, lowering heating and utility prices at home. The nearly completed project is currently stalled because of court challenges from environmentalists (of course), but Manchin is calling on Biden to use the Defense Production Act to push it over the finish line. You probably don’t need any help from me to guess what Biden’s response is going to be.


White House Press Secretary Jen Psaki on Thursday signaled that the White House isn’t inclined to tap the Defense Production Act to spur energy production.

“It would basically be providing money to oil companies to do something that they already probably have the capacity to do,” she said.
Click to expand...

For such a short answer, that was a dumb response on more levels than you can probably count. The reason you won’t do something that might actually be useful is… God forbid an energy company makes any money. And it’s true that Mountain Valley Pipeline, LLC (the owners) could likely have the pipeline completed by June or July, but Biden’s allies in the environmentalist lobby have the project tied up in court and it could remain that way for years.

hotair.com

Manchin: Here's how Biden can help fix his energy crisis

With the exception of those who travel in their own private jets, pretty much nobody seems to be buy
hotair.com hotair.com
 
You must log in or register to reply here.
Top