Sweeping action -- are you kidding me? Let's just cut the pretense and have the stooges at CNN run the WH briefings.
CNN (1/18/22) reports: "President Joe Biden's 2022 is off to a dreadful start. Prices at the pump could make it even worse. Crude oil has already zoomed back to two-month highs. Gasoline prices, which move with a lag, have stopped their muted decline. And they're starting to creep higher again. The energy resurgence is only going to add to the economic anxiety gripping the United States and sinking Biden's poll numbers. 'This is a terrible situation. Gas prices are in this political danger zone,' Helima Croft, head of global commodity strategy at RBC Capital Markets, told CNN. The White House knows how deeply unpopular high gas prices are. That's why Biden took sweeping action in November to intervene. The administration announced the largest-ever release of emergency crude reserves from the Strategic Petroleum Reserve (SPR) in US history...In recent months, the Biden administration has begun to take a friendlier tone with a key group in this inflation crisis: the US oil industry. In theory, Biden could take this a step further by meeting with oil CEOs at the White House and considering requests to cut red tape (or at least promise not to add more regulation). However, Biden ran on the most aggressive climate agenda in US history, and climate scientists say the world needs less, not more, fossil fuels. Cozying up to Big Oil isn't really an option for this White House."
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"Frankly, this whole color-chart hydrogen game is nothing but marketing language for different wannabe hydrogen generators who want some sweet government subsidies, taken from taxpayers who will ultimately pay more for power overall, because government will have distorted energy markets with foolish, impractical interventions, like…mandating/subsidizing hydrogen fuel."
– Kenneth Green,
Energy Policy Consultant
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