High Energy Prices “Good” for Economy

By: John Semmens

Department of Energy Secretary Jennifer Granholm laughed off the idea of encouraging more domestic oil production as a means of making transportation more affordable. “The whole point of cancelling pipelines and drilling leases was explicitly to deter cheap energy from luring people into unnecessary and unproductive travel,” she pointed out. “For us to turn back now would impede the Presidents build back better program.”

“Look, for what it’s worth, President Biden already asked the Organization of Petroleum Exporting Countries (OPEC) to increase oil production, but they refused,” the Secretary said. “He figured that since it was his executive order that crippled US energy production and gave OPEC a golden opportunity to raise prices they’d show some gratitude. But they haven’t.”

OPEC Secretary General Mohammed Barkindo explained that “it is not in the interest of our members to agree to anything that reduces their profits. At this point, President Biden is boxed in by his own radical anti-oil agenda. He has made much of his intention to dismantle the Trump policies that sought American energy independence. There is no way Biden can credibly rescind his decrees against US oil producers. Their is no good reason for us not to exploit our advantage.”

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