Drill, Baby, Drill

Progressive-Democrats really do not want our nation to be energy independent or to be able to support our friends and allies—and acquaintances around the world—with energy exports for the foreseeable future. For motives known only to themselves, they want to kill our energy capability until their dream of “green” energy comes to fruition, in that future distant beyond the foreseeable.

Senate Democrats are threatening to punish US oil companies with a windfall-profits tax if they increase production.

This also illustrates Progressive-Democrats’ utter disinterest in the way economics and economies work (I’m reluctant to say these Know Betters are ignorant of those ways).

The Senators plan would require companies that produce or import at least 300,000 barrels of oil per day (or did so in 2019) to pay a per-barrel tax equal to 50% of the difference between the current and average price between 2015 and 2019 (about $57 a barrel).

Since increasing supply relative to demand brings down price, one counter to this Progressive-Democrat war on our energy economy is to drill, baby, drill.

Another counter becomes available this fall—we need to fire Progressive-Democrats from our State and Federal governments so that energy producers can drill, baby, drill.

Stepping Up

Former Presidential Advisor Kellyanne Conway thinks President Joe Biden (D) needs to stop blaming us Americans for our nation’s problems and instead to step up and actually work on our problems, actually acknowledge who we are.

You cannot have an American president that has an America-last policy and blames Americans and America for what’s going wrong. He needs to step up and reflect the best of who we are.

But that’s hard to do for a President who openly thinks 15% of us are just no good. It’s hard to do for the head of a party that pushes its own racist identity politics while insisting, through Party’s enthusiasm for CRT, that we as a nation are fundamentally racist.

Cheering

Russia has invaded Ukraine and is deliberately butchering women and children, bombing hospitals, schools, residential neighborhoods, even shooting at nuclear reactors in civilian power plants, and a Progressive-Democrat pollster for President Joe Biden (D) is cheering them on. Lake Research Partners’ Celinda Lake:

The good news is we now have a very specific reason for rising gas prices and a specific villain[.]

This Progressive-Democrat is happy to sit in the coliseum cheering for the mayhem below—because that’s good for the Progressive-Democratic Party. She’s not the least bit interested in the butchery beyond the fact of its existence and its perceived Party benefits.

Energy Independence

Let’s say, arguendo, that the Biden-Harris administration is sincere in its desire to switch America over, entirely, to renewable energy sources. Let’s say, also arguendo, that that’s even a good idea. Former Interior Department Secretary Ryan Zinke had some thoughts that bear on the execution of these premises:

The first two years of the Trump administration, we went from 8.3 million barrels a day [and] declining in just two years to 12.5 million barrels a day, the world’s largest exporter of energy. And it just wasn’t fossil fuels, it was across the board. So fast-forward now; we have Russia and we should immediately ban Russian oil [the Biden-Harris administration finally got around to doing this last Tuesday, albeit with an unspecified effective as of date].

However, the Biden-Harris administration still is begging OPEC to increase its oil output, now talking seriously about lifting sanctions on Iran so as to buy Iranian oil, and adding to that going to Venezuela to “negotiate” for oil from that nation. This is because we no longer have the ability to control our own energy pricing through our own domestic oil and gas production. Paradoxically, Biden-Harris has attacked our fossil fuel industry with greater zeal than it has shown against Russia’s invasion of Ukraine.

All of that is in the name of getting us off fossil fuels and onto “green,” renewable energy sources as quickly as domestic fossil fuels can be eliminated, regardless of the cost to us Americans, financially and politically around the world, and regardless of the current inability of wind and solar to deliver reliable energy, much less in the amounts our economy needs.

Here’s an alternative path to that golden chalice.

Biden-Harris should take the Federal government out of the way of our fossil fuel production industry—oil, natural gas, and yes, coal—and let us produce all of that energy that the market can bear. That will let us return to energy independence.

Biden-Harris acolytes always point to the 9,000, or so, oil leases that oil producers already own and aren’t exploiting. Biden-Harris acolytes, along with Biden-Harris himself, carefully ignore the fact that those leases require exploration and development of actual oil locations and that the Biden-Harris administration is sitting on existing permit applications to do that and refusing to accept (or slow walking, which functionally the same) new permit applications. Biden-Harris acolytes, along with Biden-Harris himself, also carefully ignore the usurious royalties Biden-Harris has decided to charge on new extractions–new oil and gas drilling/fracking. Biden-Harris acolytes, along with Biden-Harris himself, also carefully ignore the administration blocks on pipelines–and blocks on the separate permits needed to transport oil and gas via those pipelines (and via train in the case of oil)–and on storage facilities so that oil and gas can be delivered to refineries, and they carefully ignore the time required to obtain rights of way for those pipelines even were on permitted [sic] to be built.

Oil and natural gas producers also are wary of the Biden-Harris administration’s fickle performance with regard to its fossil fuel regulating regime and are hesitant to commit the several millions of dollars that are required up front just to get started when that fickleness is too likely to block an effort after those millions have been committed.

Letting our nation return to energy independence will, tautologically, make us not dependent on other nations for our energy—not our enemies, not our allies, not our friends.

That will put us—our free market economy and its private enterprises—back in control of our energy production. That production control would extend to production from all sources, including renewable (and nuclear, which can be quasi-renewable) sources.

That will generate the time and prosperity that then will let us develop the technologies needed to get reliable renewable energy in the industrial quantities we need, without the worsening pollution and expanding carbon footprint (assuming, once again arguendo, that that’s a bad thing) inherent in current production abilities, at a pace that we can afford, and at prices we Americans can afford to pay.

A Progressive-Democrat’s Morality

The Arizona House of Representatives has passed and sent along to the Senate a bill that would require the State’s Board of Investment to divest from all companies that

[d]onate to or invest in organizations that facilitate, promote or advocate for the inclusion of, or the referral of students to, sexually explicit material in kindergarten programs or any of the 1st – 12th grades.

The measure was passed on party lines alone.

Here’s the Progressive-Democrat State Representative Morgan Abraham on why he voted against the measure:

This is about finance, and this is a terrible, terrible idea for our retirement system. Some people I’ve talked to think this bill would allow our retirement system to divest from 75% of the S&P 500.
… We should not be forcing our retired teachers, our retired police officers, whoever is involved with this public retirement system to not have the ability to have a diversified portfolio, regardless of the values you have on the underlying issue.

Diversified portfolio. Regardless of the values [we] might have…. Think about that. This Progressive-Democrat thinks it entirely morally acceptable to have a diversified portfolio of investments that includes child pornography.

This Progressive-Democrat thinks it entirely morally acceptable to build retirement funds, in no small measure, through the sexual abuse of our children.

 

Separately, the bill also would require divestiture from all companies that advocate abortion. From this, the bill as a whole is likely to fail on 1st Amendment grounds, regardless of how morally reprehensible abortion might be.