Biden's "War on Fossil Fuels"

[dan_s]

2022 in review: The year the energy transition went off the rails. Forbes.
All you need to know about how the vaunted ‘energy transition’ is going as 2022 comes to its merciful close is to read the headline of a Reuters story published last week: “Global coal consumption to reach all-time high this year - IEA”.
That isn’t how the narrative surrounding the energy transition assumed this would all be going in the year 2022. Certainly, it isn’t how IEA head Fatih Birol has wanted it to go, given his insistence that “more wind and solar” is the answer to seemingly every energy-related question. When global coal consumption hit its previous peak in 2013, the IEA and most other proponents of a shift from fossil fuels to renewables subsidized heavily by trillions of printed dollars and euros assumed it was a peak that would never again be reached. Not only was it exceeded during 2022 according to the IEA, but the global agency expects consumption to remain at similarly elevated levels through 2025.
Demand for crude oil also continues to rise around the world. In its November 2022 report, OPEC projects 2023 global crude demand to increase by 2.2 million barrels per day to a record high of 101.3 million bopd. Then there’s that “other” fossil fuel, natural gas. As with oil and coal, the IEA projects that global demand for this cleanest-burning fossil fuel will hit record highs in 2022 and 2023. < IMO the only thing that will lower demand for crude oil is when supply actually does peak and the price of crude oil-based products become much more expensive.

The domino effect of President Biden’s war on oil and gas. The Hill. Opinion.
Rep. Bill Johnson (R-OH) writes: From halting pipeline construction to curtailing America’s domestic energy production on public lands; from begging Saudi Arabia and Venezuela for oil while shoveling billions of taxpayer dollars to expensive, intermittent “green” energy — the Biden administration’s disastrous energy policy decisions have underscored their commitment to the war on America’s oil and gas industry. But the oil and gas industry, and the millions of American men and women who work in it, is about far more than just fueling automobiles and keeping the lights on. Many products that we take for granted and use daily are made from petrochemical raw materials such as ethylene and propylene which are derived from oil and natural gas. This war on oil and gas has created a domino effect. By curtailing our energy supply, fuel prices and shortages have made it more expensive to manufacture and transport goods — which correlates to the record-breaking inflation people across the country are feeling. Everything is becoming more expensive as a result.

[Fraser921]

A total disaster and then he and others try to find others to blame for their
Lack of sound energy policy. Total useless morons.
I don’t think they will be talking about global warming next two weeks!

[dan_s]

When it is a record cold wave it is "Climate Change".

IMO I would be a lot more concerned about the Earth getting colder than warmer. Another Ice Age would cause loss of farmland and mass starvation.

[ChuckGeb]

Do you think Biden is slow walking the approval of restart of Freeport LNG facility. Things have been very quiet and the transparency is comparable to the pre Musk Twitter-FBI Crime Consortium.

[dan_s]

Yes