Biden Takes Aim At Another Major U.S. Energy Source – Price Spikes Imminent

The Biden administration is reportedly fantasizing about the idea of shutting down yet another American pipeline even after begging foreign nations to increase oil production to lower fuel prices in America.

The president and his team are looking into shutting down a Michigan pipeline which could result in yet another massive spike in fuel prices.

The Biden admin is attempting to justify the move by claiming that prices will rise this winter regardless of the decision on the pipeline. Former Michigan Gov. Jennifer Granholm, Biden’s energy secretary, predicted Sunday, “Yeah, this is going to happen. It will be more expensive this year than last year,” Granholm told CNN.

The administration has yet to decide on what to do with Line 5 and officials were gathering information only to present a clear picture of the situation, according to sources who spoke to Politico.

Line 5 is part of a network that moves crude oil and other petroleum products from western Canada, transporting about 540,000 barrels per day. Petroleum is taken from the pipeline in Escanaba, Michigan.

Jason Hayes, the director of environmental policy at the Mackinac Center for Public Policy, blasted the Biden administration for its energy policies, saying that their work on Line 5 is “just one more example of being divorced from reality.”

“They’re planning to power an industrial nation like the United States on solar panels and wind turbines,” Hayes said, while noting that even the solar panels and wind turbines require “oil, natural gas, nuclear and even coal” to be produced.

Hayes presented a dire picture of what shutting Line 5 could mean if people are unable to get natural gas or the electricity it provides as the nation heads into winter.

“I hope it doesn’t end like this, but where I see it going is unfortunately the same thing that happened in February in Texas: People freezing in their homes,” he said, adding, “Most of the time when it’s extremely cold or there’s a real bad polar vortex situation, typically it’s pretty cloudy and there’s not a lot of wind.”

Explaining he has trouble understanding why some Western leaders seem unable to grasp the importance of reliable, affordable energy and electricity for everyday citizens, Hayes said, “It seems like the only nations that understand that we require reliable, affordable dispatchable energy is China and Russia. And they’re the only ones that are producing energy and they’re more than happy to hold that energy hostage for the rest of the world.”

The Biden administration’s potential decision to squash the pipeline has drawn the attention of Republicans in Congress who penned a letter to the president, warning that such a move could cause gas prices to shoot up even further.

Republican Rep. Bob Latta wrote, “As we enter the winter months and temperatures drop across the Midwest, the termination of Line 5 will undoubtedly further exacerbate shortages and price increases in home heating fuels like natural gas and propane at a time when Americans are already facing rapidly rising energy prices, steep home heating costs, global supply shortages, and skyrocketing gas prices.”

The Biden administration has spent the majority of its time in charge attacking American oil production while empowering foreign nations to expand their dominance in the industry. One of the president’s first actions in office was to cancel the American-Canadian Keystone XL pipeline but has since waived sanctions against a pipeline for Russia to ship energy to Germany, effectively approving that pipeline.

The president’s attack on American oil is done under the guise of “climate activism” but many critics are wondering what his real motive is given his relaxed approach towards foreign nations’ oil production.

Author: James Henry