Time to declare energy independence WashTimesOpEd
On this joyous occasion, many will be feeling anxious about the future as, unsurprisingly, most Americans think the economy is headed in the wrong direction. During the Biden Administration, they have seen their grocery bills jump by nearly 20% and energy bills rise by more than 30%. And on the world stage, with Russian aggression in Ukraine and Chinese spy balloons floating over American military bases, the consequences of weak leadership feel closer to home.
At the domestic level, the Left is leading a march to government dependence. With trillions in energy subsidy spending and a massive expansion of the regulatory state, Washington is increasingly in the driver’s seat on American energy. Instead of the traditional competition and ingenuity of American innovation meeting American energy needs, central planning is stacking the deck in favor of unreliable, intermittent energy.
Take U.S. oil production, which is now an estimated almost 3 million barrels a day below where it would be had the Biden Administration continued the pro-growth policies of the Trump Administration. The Left’s attack on the American traditional energy production that underpins our economic strength has dramatically outpaced any promised alternatives.
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