
<p>President Trump’s energy policies made the United States an energy independent nation. ; America actually joined the league of oil export nations. ; Domestic gasoline was affordable – if not cheap. ; And the pump prices were not exerting inflationary pressures. ; Inflation was in check.</p>



<p>Enter President Biden, stage left – with his plan to end all fossil fuel production and use ASAP.</p>



<p>Biden immediately shut down the Keystone Pipeline that would have enhanced America’s oil independency. ; He set in place polices to end fracking – the innovation that made America oil independent.</p>



<p>He reversed Trump by approving the Russian pipeline to Germany – a decision that helped support the Russian economy and kills off America’s ability to sell oil to Germany &#8212; if we were producing surpluses like before.</p>



<p>Biden has put the United States on the world market as a buyer at a time that the Middle East oil cartel will not increase production. ; That means higher prices for American consumers.</p>



<p>Both Biden’s domestic and international oil decisions have been disastrous for the Untied States. ; The sharp rise in fuel prices from the refinery impacts on virtually every other sector of the American economy. ; Gas and oil are cost factors in virtually all goods and services. ; Goods travel on a highway of fuel. ; Planes fly on fuel. ; Boats float on fuel. ; Commercial buildings heat and cool with fuel. ; Electricity is generated with fuel. ; Electric cars get recharged by fossil fuel. ; Your pizza is cooked and delivered by fuel. ; ;</p>



<p>This is a particular pernicious price increase because it is occurring when pump prices generally come down. ; A typical peak is reached in August. ; That means that the increase is NOT seasonal. ; Quite the contrary. ; The surge in gas prices is running counter to the general trend – and the forecast is for a continuing increase through the end of October and beyond. ; ;</p>



<p>Those leaps in the cost of gasoline that you see every other day can appropriately be considered a “Biden gas tax.” ; His policies have put us at the mercy of the international oil producers – and they are not known for their mercy.</p>



<p>What Biden has created is a two-punch hit on the cost of gas. ; One is the result of general inflationary policies – better know has big spending in Washington – and the other is his cutting back on American drilling and refining.</p>



<p>Biden’s trillion-dollar Infrastructure Bill is only half paid for – and that is if you believe the government accounting. ; There is no way that the Reconciliation Bill will be paid for. ; The claim that it is, is a big lie. ; And that means if there is a $3.5 trillion or a $1.5 trillion dollar bill, it will fuel more inflation. ; ;</p>



<p>In many ways, the cost of gas is the canary in the mine. ; It signals a broad range of economic problems that will hit the average consumers very had. ; Biden’s political problem is that the average American will feel the pain no matter how many times he puts his trademark positive spin on it.</p>



<p>So, there ‘tis.</p>

Biden owns gas price hike … and inflation
