Treasury Sec. Yellen says only way to fix energy crisis is to ‘move to renewables’

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In a Sunday interview, Treasury Secretary Janet Yellen said she does not believe that record-high gas prices are a result of the Biden administration's policies.

Power the Future Executive Director Daniel Turner joins 'Kennedy' to weigh in on the U.S. domestic supply of oil and President Biden's plans to travel to Saudi Arabia.

During an appearance on ABC’s "This Week," Yellen was asked to respond to a statement Wednesday by the American Petroleum Institute, which said the Biden administration’s "misguided policy agenda shifting away fromhas compounded inflationary pressures and added headwinds to companies’ daily efforts to meet growing energy needs while reducing emissions."

Yellen fired back that the historically high gas prices have nothing to do with policies and are reflective of"Well, I don't think that policies are responsible for what's happening in the oil market," she said. "Actually, consumption of gas and fuels are currently at lower levels than pre-pandemic, and what's happened is the production has gone down. Refinery capacity is declined in the United States and oil production has declined.

 

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This lady is not smart. We are in trouble with a Sec Treasurer that would shoot the horse and sit in the wagon and yell “giddy-up” all day long.

She needs to move to the old age home just another idiot in this admin that has been wrong on every issue including the big lie tht electric vehicles are even feasible yet new report Thursday showing ev s put out 2x more particulate matter than cars just keep lying

These people have no clue of how to get us out of trouble. Everything is war on fossil fuels buy a 61k electric car and just keep spending money. This is what happens when you have a cabinet that was picked for diversity reasons and for political reasons,rather than experience.

No shit, every western country in the world has already done it. America is dead last because of the republicans.

Dem Left Apostles of Climate Change Religion are already hiding / ignoring recent history..Ask the EU how that worked out!! Black ours, green grid shut down, couldn't keep up with demand. then when they saw the light 💡 oil/ gas power, Russia held all the Power! Live the pun!!

TERM LIMITS

she must go and powell also.

So she is just giving up?

Short sighted political hack! We need creative thinkers in our leadership not Sheep that are pretending to be leaders. Fail WearingBlinders

exposed as a political cal; hack

Baloney…just like inflation is transitory. If Biden had any guts, he would fire her and Powell

I've never seen an administration with so many ignorant people.

We don't have 10 years to wait to put out the fire now.

Wrong

That’s their plan all along. Create an affordable “energy crisis”. Present the Green New Deal as the answer. Convince the public that the sacrifice is necessary. Hunker down. Repeat.

Will she replace my gas engine with an electric motor when she gets the gas stations to convert to recharged battery replacement facilities?

Yellen, the Hobbit, drank the Kool-Aid… it’s the other way around!

Meanwhile, China, India, and Russia just keep on rolling out carbon emissions while we neuter our own economy 'to move to renewable sources' 🤣🤣🤣🤣

So this is just one more thing she has gotten wrong.

Except with the current technology, and this little detail called “physics”, it is impossible. But keep pushing the middle class into poverty, and see where that goes.

Clean energy my ass. All the people in charge need to be Cleaned Out

And in '73 there was 'Odd / Even' Gas rationing because the world was 'Running out of oil'. She don't know JACK!

Idiot

fix in right from the start

Gasoline can not be replaced, nor diesel.....fact...Ev's are not usable.

She isn't the sharpest tool in the shed or she is in the wrong line of work.

She's not really the Treasury Sec... She's really just a govt troll. Everything she says is wrong.

Lol

She's an expert on everything!!! Sec. Of Energy!

Any reason to stop burning oil/gas/coal/whatever as solar /wind/nuclear/whatever infrastructure is built?…any reason at all?

Definition of insanity

Electric Vehicles are not renewable

Another delusional octogenarian running our institutions. Biden, Pelosi, etc. are all clinging to power as if it were the elixir of immortality. Sorry, but it’s not. They will all be gone soon, leaving ruin and devastation in their wake all because they were addicted to power

The only way, speaking in absolutes. The only way, the only way. Really

Is she required to say something stupid every week?

Oh ok so we will be in crisis for the next 25 years, cool!!

What “renewables”?

She is saying that bc she has absolutely authority to do anything she is talking about.. She's the CFO of the Federal Government w/ extremely limited powers. Can anybody prove me wrong?

Renewables such as wind, solar? They also destroy the environment.

kmorgan24 The World is not ready. It will happen naturally. But the Greedy bastards want their payoffs now.

The only way to fix the energy crisis is to move to renewable politicians and bureaucrats.

I only want to hear opinion on the PGA’s treatment of golfers joining the LIV Tour.

Hey Press, Hey Media! The main reason the Left gets to spew this BS is because you don't take the 30 minutes needed to research and report that it is BS!

Looks like the only way to reduce energy cost are to remove her from her position. Many more in this admin need to be fired immediately.

This is the woman who called inflation 'transitory' and said there would not be a need for rate hikes. So, that means that turning back to Fossil fuels is the only correct answer.

What?

What a shame they are not in place eh lol ?

Sec Yellen. Do you really know what your talking about. You was hand picked cause you said you would go along with the old fool Biden. Only going back on the oil and gas will be the only fix. Yellen your brain washed by the far left liberals.

There's no plan to develop infrastructure for that move beforehand. It's like they think we can all just convert and there won't be any issue.

Incorrect. Obviously not prepared.

time for her to retire

I've read a new study that said that when a person's brain cells leave the cranium, it turns all of their hair white and they end up with a Bobby Sherman haircut.

Janet, you know better than this…..energy mix over time is answer. Sorry you’ve become so political.

She should be eating a lot of beans!

She’s an ecologist now? She sucks at managing the treasury maybe she should resign and go follow Greta!

She’s a hack.

Does that mean this is deliberate?

I wonder what her plans are for the mass mining we'll need?

We don't have an energy 'crisis' ... We have an energy 'hijacking'

Oil has been renewing itself for a couple hundred years

So the person who couldn't get her actual job right is now an energy expert?

Credibility lost

Uh - what?

No

I bet we could find a different way to fix this around January 2025

This is criminal.

“No inflation” Yellen now pivots and tells us out-of-control inflation she studiously ignored is a lack of wind turbines and solar panels? We didn’t rely on “renewables” before Biden took over, gas was $2 and no inflation, so what happened? Biden and Yellen! Fire them both!

You gonna give me $90 grand to buy an EV grandma 🤨

We haven't had a non Jewish Treasury secretary in about 35 years , why don't we try

Fair enough

I don't think she is very good at her job.

Why are people working in government until their mid to late 70s? Answer? Because they’re the people the geriatric billionaires who control WEF, WHO trust, which means they’re owned, which means gtfo

Absolute idiocy

Movr to what exactly? How the fuck am I supposed to charge an EV with street parking?

Let's all do home-made wood gasifiers and burn wood. Fuck them. If they're willing to burn us for their ideology we'll smoke them out. Wood is free if you disregard illegitimate law. Power your homes off gasified generators. There's youtube videos on how.

All according to the plan. The pain is the point. Never forget - they hate you and want you to suffer.

This is on purpose. It will take decades to move to renewables and it’s not even feasible.

Well, that’s at least two subjects she is clueless about

they just wont say lay off driving around for awhile do something at home make less trips

Easier said than done, considering the last 3 administrations failed to invest in the necessary infrastructure. So what is the point of Yellen even saying this? Is here rationale transitory?

The move to renewals is transitory.

That is a lie!!! Trump had us energy independent. Biden should hire Trump to do his job!!!

In other words, don't include oil/gas in the transition from oil/gas. Walk.

Counting the days to November

Translation: 'We Leftists want oil gone, and this crisis is one we're not wasting. You'll never see cheap gas again if we have our way, peasants.'

She has no idea that it takes time to transition over to renewable energy. It isn't going to happen over night. You still have to have some fossil fuels. No one is a genie and can make it happen as fast as they think it can happen. Dorothy needs to go back to the Wizard of Oz.

The woman is a 🤡

One must be an imbecile to base the energy needs on weather which by definition is unpredictable.

Pffft.

When are they going to realize that message is falling on deaf ears with consumers and voters, not to mention that the technology isn't even close.

🙈

We can conclude a few things here She is compromised, dumb, biased Energy crises will get worse Fossil fuel prices will go up a lot.

Only if they consider nuclear as renewable.

Another failure from Biden for not firing her.

Incredibly incorrect.

Towing the company line

If so that will take years if not decades.

SecYellen is a lizard🦎

Another way is to destroy demand by crashing the stock and housing markets

Weird the Europeans don't seem to think so, eh? 🤷‍♀️

“Now I truly understand what the build back better agenda means now, The more older people that’s running our country the more ancient and backwards our country is gonna go; that clearly means our country will be ancient history.

Yes all we need to do is fined lithium crystals and we will have our energy problem solved

Yes let's listen to her. She has an amazing track record of being right.

Coming from the woman who’s job it was to realize inflation was “bad” and she couldn’t even do that. Maybe sit this one out

This lady needs to retire in an old folks home is what she needs to do.

This is what they are after all along. Make gasoline so expensive it will complete with so called 'renewables'. It's a liberal fantasy.

Can’t wait for Tucker to tell us this old lady is wrong and that coal and oil are the way to go.

He's obviously in on the big scam.

It seems insane that the Treasury Secretary is making comments about Energy policies. It is obvious that the Energy policies are causing the rampant inflation , which happens to be her area of concern. Keep going and we will have Jimmy Carter 2.0

The only way to fix the energy crisis is to vote out the demorats in November

Didn't she get inflation wrong? So now she's the energy secretary 🤡🤡

This was the plan all along. The real way to fix it is to pump our own oil. You will always need oil even while using renewable

Why wasn’t there any sign of an energy crisis in 2019 and nat gas was seemingly never going higher in price?

The ONLY way? I don’t think so. TREASURY Sec. should probably stay in her lane. She has a problem getting the money stuff correct. Now she wants to comment on Energy? No.

We really need to listen to Sec Yellen lecture us on Climate. This woman is a lousy economist who admitted she didn’t understand supply and demand. She wants to talk about something she really knows nothing about. The future is Nuclear Fusion. In 30yrs wind and solar is garbage.

Way past her expiration date!

For fucks sake how many poor people are they going to sacrifice at the alter of their false esg god? They’re worse than the Aztecs

She should be out riding with Joe 🤔

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