Sunday, February 20, 2022

Our gasoline gamble





"But before we give up all hope, Joe Biden could end up being a Saturday hero. All he need do, is reverse everything he reversed once coming into office. Open up everything once again for exploration and development. Re-start the Keystone Pipeline. Nix the Nord Stream 2 line."


"No blood for oil! No blood for oil!" Remember those days? That was the caterwauling coming from the chattering class, when it looked like we were in the Middle East only to plunder their oil. Nothing could have been further from the truth. However - back then, the truth was this. The United States was a huge customer of OPEC's oil, and we needed to ensure that commerce would or could continue. Our economy, like most economies, ran on oil (it still does). And since the days of Jimmy Carter, we have not been energy independent. We needed oil then. We need oil now.

Then in the past decade, some amazing things have happened. We discovered a huge reserve in North Dakota (the Bakken Formation). Canada had discovered more oil reserves in their tar sands area. Donald Trump became President, and opened up just about everything he could, for drilling and exploration. The Keystone Pipeline was authorized. All of a sudden, we had enough oil and natural gas to make us energy independent. In fact, we had so much petrol, we started being an energy exporter. 

Now one would think, that once we became energy independent, that would have silenced the chattering class. I mean, what happened to all that imperialism? The blood for oil in the Middle East? One would think the loony left would be dancing in the streets right now. But no. Now they DON'T want us to drill. They WANT us to go back to OPEC for oil. Heck, they are even okay with us buying oil from our arch enemy - Russia. SMH...

Here is how upside down the world is in the mind of Joe Biden. While Donald Trump was President, he not only made us energy independent, he also nixed the Nord Stream 2 gas line, going from Russia to Germany. Someone once said, Russia is nothing but a big gas station. When oil prices are high, bad actors like Russia and Iran can get more money to spread their form of mischief. When gas prices are depressed, just the opposite happens.

Ted Cruz was on the news this morning and said something quite interesting. He was instrumental in getting a resolution passed to nix the Nord Stream 2 pipeline. It passed the House and Senate, and was signed by President Trump. One of the first things Biden did when coming into office - was to reverse that. Russia immediately began building the Nord Stream 2 pipeline again.

If Biden had not killed our petrol industry, and reversed Nord Stream 2 pipeline, Cruz is convinced Putin would not have 100,000 + troops on the border of Ukraine, just waiting to attack. In other words, Biden caused this mess. Just like our retreat in Afghanistan, this mess in the Ukraine has Joe Biden's fingerprints all over it.

But before we give up all hope, Joe Biden could end up being a Saturday hero. All he need do, is reverse everything he reversed once coming into office. Open up everything once again for exploration and development. Re-start the Keystone Pipeline. Nix the Nord Stream 2 line. Putin would instantly go from being a big league player, to a man of meager means, once again. Will Biden do this, when it makes so much sense? Not a chance. Why? Because he is Joe Biden. His puppet masters will not allow it.

And those "No blood for oil" signs? They are needed now in Moscow. The chattering class (if they had one), needs to protest right outside the Kremlin. All of Putin's oil money is going to spill a whole lot of blood in the Ukraine. Maybe our chattering class needs to wake up and join that protest.   

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