Democrats, particularly those in the Biden administration, are directly responsible for the run-up in oil and gas prices in the last three years.
Senate Majority Leader Chuck Schumer, D-N.Y. speaks to media after a Senate Democratic policy luncheon, Tuesday, Oct. 24, 2023, on Capitol Hill in Washington. Last week, Senate Majority Leader Charles E. Schumer and 22 other Senate Democrats sent a letter to Federal Trade Commission Chairwoman Lina Khan demanding to know why oil and gas companies were still in business and why the Biden administration had not arrested the CEOs and sent the workers to reeducation camps.
If that’s true, what conceivable difference could it make whether a few of the dinosaur oil and gas companies want to merge and go into the abyss of bankruptcy and penury holding hands? They are counting on voters to be completely unaware of the role of the federal government — which they nominally direct — in making energy more expensive. They are counting on voters not to reflect on what affordable and reliable energy enables them to do every day.
The senators also seem to be informed by the antiquated notion that the oil industry is the same now as it was 30 years ago. Thirty years ago, the propaganda was that we were running out of oil and natural gas. That nonsense reached its zenith under President Barack Obama, who was fond of saying that we could not drill our way to lower oil prices.
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