A painful reminder of what infrastructure actually is.
National Review (5/11/21) column: "The shutting down of a key pipeline makes clear how important actual infrastructure — not the stuff Joe Biden thinks is infrastructure — is. Seventeen states and — oh, glorious irony! — the District of Columbia have declared states of emergency after the closure of the Colonial pipeline, which brings fuel from Gulf Coast refineries to eastern cities. Gasoline prices already are rising and are expected to rise sharply in the immediate future. Atlanta’s Hartsfield-Jackson International Airport, fresh off the indignity of losing the title of world’s busiest airport to Bai Yun International in Guangzhou, is nervously watching its fuel stores, as are other airports (including Charlotte Douglas and Raleigh-Durham) served by the pipeline. The population centers of the East Coast are at risk of significant disruption to everything from deliveries to travel — because almost half the fuel used in the most densely populated part of the country travels through a single pipeline that runs from Houston to Linden, N.J., currently out of service after an apparent act of extortion through cyberterrorism. 'Hey, dummy — pay attention.' President Joe Biden is no friend of pipelines. Practically his first act in office was unilaterally stopping a multi-billion-dollar pipeline project that already was under way. Biden proposes to be President Infrastructure, so long as expanded welfare benefits and subsidized childcare for two-income professionals in Washington qualify as 'infrastructure,' while his administration micturates from a great height upon actual infrastructure — e.g., the pipelines, refineries, and transportation networks that connect our workers and factories and trucks with the actual fuel our economy runs on, as opposed to the imaginary unicorn-juice economy that exists in the fantasy world of President Biden, Senator Bernie Sanders, Representative Alexandria Ocasio-Cortez, et al."
|
|
|
|
|
"Today the oil-and-gas market is characterized by supply diversity. The top three producers, among them the U.S., account for less than half of world supply. The top three producers for three key energy transition materialss, however, control more than 80% of global supply. Here we find China utterly dominant while the U.S. isn’t even a player."
– Mark P. Mills,
The Manhattan Institute
|
|
|
|
|
|