Biden’s latest play was intended to block oil and gas drilling within 10 miles of New Mexico’s Chaco Canyon, referring to the canyon’s cultural importance for local American Indian groups. Chaco Canyon National Historic Park is about 30,000 acres.
But banning oil and gas contracts near Chaco Canyon is only the most recent in a lengthy list of moves by the Biden administration that will beat you at the pump.
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Targeting American Pipelines On his first day in the White House, Biden abolished the permit for the Keystone XL pipeline, leading to the project’s end in June. Meanwhile, Biden green-lighted the Russian Nord Stream 2 pipeline, a project of Putin-affiliated Matthias Warnig.
Earlier this month, Biden’s Deputy Press Secretary Karine Jean-Pierre signaled that the government was planning to target another pipeline: Michigan’s Line 5.
“The Army Corps of Engineers is preparing an environmental impact to look through this,” Jean-Pierre said last week. Line 5 provides 65 percent of propane demand to Michigan’s Upper Peninsula, and 55 percent of propane for the entire state.
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Fueling Inflation In October, consumer prices jumped by 6.2 percent compared to a year before, the largest inflation increase Americans have seen in 30 years. Meanwhile, in the same one-year period, producer prices rose by 8.6 percent.
The Biden administration has proceeded to try tapping more money into the economy with multi-trillion-dollar social spending plans, while the market trembles under a developing supply chain crisis due in large part to Democrats’ attempts to shut down the economy for months.
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Mandating Vaccines Biden’s coercive press release-turned-bureaucratic mandate forcing companies with 100 or more employees to demand the COVID-19 vaccine has caused staffing shortages across factories, exacerbating supply and production crises nearly everywhere.
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“American frackers, already struggling to hire enough workers, are concerned that the coming U.S. vaccine mandate will worsen the situation at a time of rising oil and gas prices,” reported the Wall Street Journal in September.
Federalizing Land to Ban Energy Production After using obligations to stop drilling on federal land as a campaign issue, Biden signed executive orders in his first week directing the interior secretary to stop any new oil and gas leases on federal lands.
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“Penalizing the oil and gas industry kills good-paying American jobs, hurts our already struggling economy, makes our country more reliant on foreign energy sources, and impacts those who rely on affordable and reliable energy,” American Exploration and Production Council President Anne Bradbury told CNBC at the time.
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