At this site, I strive to provide readers with a steady stream of the latest official energy madness cases, the relentless efforts of our politicians, officials, scholars and journalists. We aim to sabotage and destroy the energy infrastructure that is the basis for our prosperity and comfort in life. But if you just read these examples one by one, even though they may be overly individual, you could lose sight of the big picture. In the big picture, our government, with the support and help of academics and journalists, is waging a full-scale war on the energy sector of the economy.
Now with a guy named Joseph Toomey, who published a relatively lengthy piece at RealClearEnergy titled “Energy inflation is by design.” Toomey is identified as a “career management consultant” in the energy sector and is the author of a 2014 book titled “An unworthy future,” that was critical of the Obama administration’s energy policies. In addition, Toomey is not a frequent contributor to energy policy debates. But he’s made up for a lengthy absence with this comprehensive round of compilation.
At 35 pages long, Toomey’s work is a seemingly endless light on policy of deliberate vandalism after policy. Even if you follow this issue regularly, as I do, you’ll be amazed to see the full extent of the devastation sorted into one piece. Energy infrastructure built over a century and beyond truly provides affordable and reliable energy to millions of people – a true miracle of human ingenuity! – is being systematically and deliberately attacked and vandalized by ignorant people who don’t know how difficult the current system is to create, nor how to create something that alternative it might actually work.
The opening section with clear evidence that this is entirely intentional on the part of the government, and especially President Joe Biden. A few direct quotes are enough, like this one from a February 2020 rally (“We will get rid of fossil fuels. . . . It’s okay. These people are okay. They want to do the same thing I want to do. They want to phase out fossil fuels, and we will phase out fossil fuels.”) or this from a CNN debate on March 15, 2020 (“There is no need to drill on federal land. No drilling required even offshore. There is no possibility for the oil industry to continue drilling, periodically. [It] end. “)
And then the prayer of intentional ruin begins. It’s too long to include everything in this one short blog post, but here are some examples of section titles, each of them followed by several snippets: Canceling the Keystone XL pipeline; Termination of Rental Sales in Alaska’s ANWR; Place a moratorium on drilling on federal land; Accession to the Paris Climate Agreement; Proposed Energy Savings Budget; Cancellation of oil and gas drilling lease contract; Commencement of a Punishment Government Investigation; Restrict drilling in the Permian basin using ozone rules; Impose stricter methane emissions rules.
And those are just a few of the better known examples. But then there are also lengthy sections on some of the lesser-known elements of the energy war. For example, two sections are devoted to what Toomey calls a “refinery squeeze” — a set of regulations and incentives that have reduced US refinery capacity by about 5% since 2020 alone. It appears that many refineries have been encouraged to convert from refining petroleum to “biofuels” (i.e. ethanol), reducing their capacity by about 90%. And then the process of building a new refinery to replace the lost capacity became almost impossible. Toomey: “Watchers cite environmental regulations and allowing red tape barriers as key reasons for avoiding new refinery license applications.”
Another section gives examples of some of the many anti-energy zealots Biden has appointed to sabotage every nook and cranny of government. The two most prominent are John Kerry, who has been called the “Climate Envoy,” and Gina McCarthy, until recently the White House Senior Climate Advisor. Then there was John Podesta, who had just replaced McCarthy in that role. But perhaps even shed more light on Toomey’s discussions of some of Biden’s failed candidates, Saule Omarova for the Currency Editor and Sarah Bloom Raskin for Vice Chair of the Federal Reserve Board. Selection quotes from Omarova include “Many of the smaller companies in that industry will probably go bankrupt in the short term — at least we want them to go bankrupt if we want to tackle climate change.” and “The way we essentially get rid of these carbon financiers is that we starve their capital.” Raskin is identified as “A strong proponent of expanding the Federal Reserve’s statutory mandate to include climate change considerations in bank lending practices and risk management” and the quote says “Financial regulators must re-imagine their own role so that they can play their part in reimagining the broader economy.”
Conclusion line:
Assured of the soundness of that cause, the Biden team began cutting the supply of CO2-emitting fossil fuels today, decades before low-carbon infrastructure was produced. lifetime, will probably act as an alternative. They had ushered us into “the looming death valley of the energy transition” with no compass, map, or any idea of how to get out.
Meanwhile, the Bidens have spent the past several days begging OPEC to increase production, but instead OPEC announced that it would cut production. And This morning, the Wall Street Journal reported that Biden is planning to ease sanctions on Venezuela to allow more crude oil imports from there.
For the full article, read here.
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