Using the Power Ceded to Them

OPEC once again has rejected pleas to increase oil production in the face of rising oil prices.

Ministers of Arab oil-producing countries gathered in Saudi Arabia on Sunday, refusing pressure for OPEC+ to increase production again amid coronavirus pandemic recovery efforts and as a potential war looms in Europe.

And

On Sunday, Saudi energy minister Prince Abdulaziz bin Salman told an industry conference in Riyadh how the pandemic and recovery efforts have “taught us the value of caution,” Reuters reported.

Bin Salman and his OPEC counterparts also have learned another thing: the value of supporting Russia—the major OPEC ally that adds the ‘+’ to OPEC—rather than a timid and irresolute Progressive-Democrat American administration.

Bin Salman and his OPEC counterparts also have been reminded of OPEC’s economic power as the world’s major oil producer, a power the organization also wielded against the US in the ’70s when we really were dependent on Middle East oil for our economy.

The difference today, of course, is that we have no need to be dependent on others—not OPEC, not an enemy nation oil and natural gas exporter—for our economic independence (which means our political independence, also). Our current dependency is solely the work of President Joe Biden (D) via his active war on our energy production industry and his surrender to Russia on Nordstream 2 after Russian President Vladimir Putin’s minions shut down Colonial Pipeline as a demonstration of things to come if Biden didn’t yield.

What Happens When

This is an example of what happens when President Joe Biden (D) presses his assault on our nation’s energy production industry, presses his enthusiastic destruction of our energy independence, and does his kowtowing to Russia (and to OPEC) regarding that nation’s and that cartel’s oil and natural gas production and sale.

He’s reduced the United States of America to begging other nations for energy, and those nations along with Russia are now showing their contempt for Biden’s obsequiousness.

The headline summarizes the matter.

As Oil Nears $100, Saudis Snub US, Stick to Russian Pact Amid Ukraine Crisis

And this:

Rising oil prices and fears of a Russian invasion of Ukraine have created a dilemma for Saudi Arabia: help the West by pumping more crude to tame the market, or stand by a five-year-old oil alliance that is helping Moscow at the expense of Washington.
For now, the world’s largest crude exporter is sticking with Russia.

And this:

President Biden has repeatedly called on Persian Gulf producers to pump more oil to reduce gasoline prices that, for Americans, are about twice as high as they were earlier in the pandemic. Those calls have grown more urgent as oil prices have risen toward $100 a barrel….
Instead, the Saudis have said they won’t pump more than they agreed to last year as part of a deal between the Organization of the Petroleum Exporting Countries and Russia[.]

It doesn’t matter a whit to Biden that this problem wouldn’t exist if he got his Biden-Harris administration out of the way of our domestic oil and natural gas production so we could go back to being independent of our enemies and acquaintances for our energy, our economic life.

It doesn’t matter a whit to Biden that European nations’ dependence on Russia for their energy wouldn’t exist if he got his Biden-Harris administration out of the way of our domestic oil and natural gas production so we could go back to supplying Europe with oil and natural gas.

This Isn’t Ignorance

The Biden-Harris administration wants our oil companies to produce more because energy prices are too damn high. Never mind that it’s Biden-Harris policies that have crippled American oil and natural gas production and driven those prices so much higher.

The Biden administration says that oil companies face no government constraints on drilling more in the short run, even as it presses the companies to shift long term to cleaner forms of energy in response to climate change.

Which is a complete lie.  Then we get this from Energy Secretary Jennifer Granholm, via her spokesman:

It’s important for the American oil-and-gas industry to address near-term energy demands while also recognizing that they need to begin transitioning their companies.

How, exactly? The Biden-Harris administration has closed off drilling on Federal lands, it has shut down one major pipeline, and it’s threatening to close off two more.

Oh, wait. There’s this from Granholm, just a few months after she laughed uproariously at a question concerning her plan for boosting our energy production:

Please take advantage of the leases that you have, hire workers, get your rig count up[.]

Leaving aside those lease cutoffs she and her boss, Biden-Harris, have inflicted. That’s not a short-term process; those monies can only be committed for the mid- to long-term. Drilling wells on private land, just like they would have done on the closed-off Federal lands, takes time, equipment, money—and pipelines. And there’s high likelihood that “next year,” Biden-Harris and Granholm will punish those producers for producing so much climate “poison.”

Berating, pressuring, our oil and natural gas producers to produce more after having spent the year berating, pressuring them to cut production, and hamstringing them to ensure they produce less isn’t borne of Biden-Harris or Granholm ignorance.

This is outright dishonesty by those Know Betters in the Federal government.

Weakness

Russia is continuing to withhold a free flow of natural gas to the EU, holding the flow down in order to elevate prices inflicted on the EU’s citizenry and to restrain Europe’s industrial capacity.

Gas prices have soared in Europe in recent months due to low inventories and a recovery in demand as the economy rebounds from the pandemic. The price surge has taken a toll on energy-intensive industrial activity while consumers face a steep rise in energy bills as the winter heating season begins.

Those prices are five times the level of just a year ago—before Biden surrendered to Putin on the Russia-sponsored hacker shutdown of Colonial Pipeline by unblocking the finishing of Russia’s Nordstream 2, which unblock also was in furtherance of Merkel’s demand for Russian natural gas via that cross-Baltic Sea pipeline.

Officials and analysts say that Moscow is using Europe’s energy crunch to gain geopolitical leverage.

Well, of course Putin is. He’s not an idiot.

And

In another sign that Russia isn’t about to significantly boost supplies to Europe, Ukraine’s gas transmission system said Sunday that it hasn’t received any additional requests from Gazprom and the gas transit remained below capacity.

This is the outcome of outgoing German Chancellor Angela Merkel’s and newly arrived American President Joe Biden’s (D) enthusiastically pursued energy policies coupled with Biden’s overt timidity in front of Putin. First, demonstrate Europe’s weakness. Only after that, exploit that weakness.

It stretches credulity beyond breaking to believe two such heavily intelligent people didn’t anticipate this.

Biden’s Attack on Our Oil and Gas Industry

President Joe Biden’s (D) and his Progressive-Democratic Party syndicate’s hatred of our oil and gas production industry is well known, and he wants to include $6 billion in additional taxes, fees, and fines on those industries in their reconciliation bill.

But those penalties also will explode the cost of a myriad products Americans use, and destroy the availability of too many others—all beyond such petty uses as fuel for our getting to and from work, or heating our homes in winter and cooling them in summer.

Here’s a partial list of those other uses to which our oil and gas production is put. The full list would run to some 6,000 products.

  • asphalt and road oil
  • components for producing chemicals, plastics, and synthetic materials
  • electronics
  • luggage
  • office supplies like ink and pens
  • computer chips
  • paint and paint brushes
  • floor wax
  • safety glasses and regular eye glasses and contacts
  • linoleum
  • caulking
  • roofing
  • curtains
  • electricians tape
  • fertilizer
  • insecticides
  • tires
  • mops
  • rugs and carpets
  • toilet seats
  • pillows (down-filled are much more expensive)
  • upholstery
  • refrigerators
  • dishwasher parts
  • rubbing alcohol
  • aspirin and other medicines
  • heart valves and other medical devices
  • bandages
  • anesthetics
  • surgical masks (never mind their claimed need for Wuhan Virus protection)
  • dentures
  • antiseptics and hand sanitizers
  • antihistamines
  • cortisone
  • artificial limbs
  • clothes
  • hair tinting and dying
  • perfume
  • sunglasses
  • lipstick
  • purses
  • shoes
  • roller skates
  • shampoo
  • deodorant
  • toothpaste and soap
  • balloons
  • tents
  • fishing rods
  • footballs
  • football cleats and helmets
  • golf balls
  • parachutes
  • telephones
  • cameras
  • candles
  • drinking cups

Of course, Progressive-Democrats know all of this. They also know that wind, solar, even nuclear sources will produce none of these.