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In his first days in office President Biden shut down the
nation's vast public lands and waters, citing worries about
Climate Change. Now his administration has to figure out
what to do with the multibillion- dollar program without
crushing a significant sector of the U.S. economy---and while
fending off sharp criticism from congressional Republicans and
the oil industry, closing pipelines will lead to a loss of
thousands of jobs in the midwest and spike energy costs even
more in states that can afford it in the least.
The Biden administration doesn't care if people can afford the
needed energy at these elevated costs. Instead it is
hell bent on making fossil fuel energy so expensive that the
equally expensive Green Energy being pushed down our throats
will finally seem like a viable option.
For a long time we've heard about how Green Energy can't get a
foothold because
Fossil Fuels are so subsidized and sell for a
falsely low price to the American consumer. It's apparent that
the Biden government plans to price Fossil Fuels out
of reach of Americans and subsidize
Green Energy to take it's place. Meantime we'll have to
depend on China, Russia or Africa to sell us the fuels we
need.
The Greening policy has recently been evaluated in Strategic
Intelligence, a public tutorial edited by Jim Rickards.
We hope this summation will have a valuistic impact on the
Biden agenda.