President Joe Biden announced a ban on Russian oil imports Tuesday, blamed U.S. oil producers for the recent surge in gas prices, and suggested with a straight face that America should pursue a strategy of “energy independence” while simultaneously claiming that America is a “net exporter of energy.”
“They have 9,000 permits to drill on shore that are already approved,” Biden said as he shirked responsibility for the energy crisis that he set in motion on day one of his presidency.
“The United States produces far more oil domestically than all of the European countries combined. In fact, we’re a net exporter of energy,” Biden lied.
Fact: Data from the Energy Information Administration shows the U.S. shifted to being a net importer of petroleum in 2021 and projected the same for 2022 last month. US oil production peaked under the Trump administration in 2019, before falling 8 percent the next year.
Fact: The U.S. is still set to remain a net importer of oil in 2022, according to more data from the U.S. Energy Information Administration
The President then reminded Americans that he thinks we’re all incredibly stupid and suffering from severe amnesia, saying, “This crisis is a stark reminder that we need to become energy independent.”
Question for the moron in the White House: If we’re a “net exporter of energy,” why do we need to “become energy independent.”
Then, always the fella with a helpful suggestion, Biden failed to explain the effect of government regulations on gas prices and said the American people should transform their own energy usage toward clean fuels and electric vehicles.
“Loosening environmental regulations and pulling back clean energy investment won’t — let me explain — won’t, will not lower energy prices for families,” Brandon blatantly lied yet again before failing to “explain” how fewer government regulations won’t lower energy prices just two seconds after promising to “explain” it.
“But transforming our economy to run on electric vehicles powered by clean energy with tax credits to help American families winterize their homes and use less energy — that will. That will help. And if we can, if we do what we can, it will mean that no one has to worry about price at the gas pump in the future.”
Fact: U.S. regulations are a massive contributor to higher gas prices, according to data from the Heritage Foundation, who notes that “the EPA has created a maze of red tape that makes it difficult for refiners to expand capacity to meet growing demand,”
Finally, Resident Biden set the stage to blame future price spikes on ‘price gouging.’
“To the oil and gas companies and to the finance firms that back them – we understand Putin’s war against the people of Ukraine is causing prices to rise. We get that. That’s self-evident,” Biden said. “But it’s no excuse to exercise excessive price increases or padding profits or any kind of effort to exploit this situation or American consumers.”
The constant misinformation campaign of the Biden administration has created confusion about who and what are responsible for record-high gas prices. Rob Kendall brought clarity to the issue Tuesday in an interview with oil and gas expert Bill Herrick.