The Homa Files

… and I wish he’d stop doing it!
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Everybody remembers the Meatloaf classic, right?

The tease:” I would do anything for love”

The punch line”: “But I won’t do that !”

If you need a a refresher or just want to kick back and
listen to an all- time great song, clock here

click to listen

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Biden (and Psaki) have appropriated a variant of the Meatloaf classic.

Now, every time Joe steps behind the podium, he squints and reads a version of:

Gas prices are high and are going to go higher because of Putin.

I feel your pain and, rest assured, I will use all the tools available to minimize the prices at the pump.

“Anything” in Biden-speak includes plays at the margin like temporarily waiving the 18.4 cents per gallon Federal gas tax … and releasing some of the strategic oil reserves.

Reading between the lines is the punch line “But I won’t do that.”

What are the won’t-do-thats?

Well, for openers there are:

• Buildout the Keystone XL pipeline
• Enable aggressive fracking (again)
• Re-open drilling in the Alaskan ANWR Region
• Fast track off-shore licensing
• Permanently disable the Nord Stream pipelines (both the NS1 that’s in operation and the NS2 that’s awaiting for final approval)

Those are moves that stand a chance of moderating inflation pressures in the U.S., slowing the flow of oil profits to Putin, providing some oil & LNG to Russian-dependent European countries and restoring. U.S. energy independence.

But, of course, Biden “… won’t do that”

The AOC “squad” and the climate control zealots won’t let him.

Too bad…

This entry was posted on February 24, 2022 at 5:30 pm and is filed under Biden, Joe, Bidenomics, Oil & Energy, Ukraine. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.