{"id":1395435,"date":"2022-03-23T07:44:37","date_gmt":"2022-03-23T11:44:37","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1395435"},"modified":"2022-03-23T07:44:43","modified_gmt":"2022-03-23T11:44:43","slug":"smaller-oil-and-gas-producers-blast-bidens-blame-game-on-high-energy-prices","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/smaller-oil-and-gas-producers-blast-bidens-blame-game-on-high-energy-prices\/","title":{"rendered":"Smaller Oil And Gas Producers Blast Biden\u2019s Blame Game On High Energy Prices"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsmaller-oil-and-gas-producers-blast-bidens-blame-game-on-high-energy-prices%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1395435&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/33317868280_70c16bdfc6_k-e1647996490421.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>A coalition of 10 oil and natural gas trade associations representing small- to mid-size producers blasted President Joe Biden last week for blaming the industry for high energy prices. <\/p>\n<p>\u201cOil and gas companies shouldn\u2019t pad their profits at the expense of hardworking Americans,\u201d Biden wrote in a Twitter post highlighting the disconnect between crude oil prices and the price of gasoline, dismissing complexities in the supply chain that cause those prices to come down slower than the cost of crude. The phenomenon is known as the \u201c<a href=\"https:\/\/www.wral.com\/rockets-and-feathers-help-explain-gas-prices\/20188646\/\">rockets and feathers<\/a>\u201d effect. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<span class=\"F9RGBsIehpLY1TC6aOk8o0yluv2VbQPzN3iMK4xf7HEnmD5jWSwdtq\"><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Oil prices are decreasing, gas prices should too.<\/p>\n<p>Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it\u2019s $4.31. <\/p>\n<p>Oil and gas companies shouldn\u2019t pad their profits at the expense of hardworking Americans. <a href=\"https:\/\/t.co\/uLNGleWBly\">pic.twitter.com\/uLNGleWBly<\/a><\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1504073842871963653?ref_src=twsrc%5Etfw\">March 16, 2022<\/a><\/p><\/blockquote>\n<p><\/span>\n<\/div>\n<\/figure>\n<p>Biden\u2019s blame on the industry he\u2019s sought to handicap since day one of his administration comes after the president\u2019s repeated efforts to scapegoat <a href=\"https:\/\/nypost.com\/2022\/03\/18\/president-biden-is-at-fault-for-high-gas-prices-not-putin\/\">Russian President Vladimir Putin<\/a> and the <a href=\"https:\/\/www.reuters.com\/business\/energy\/biden-blames-higher-oil-gas-prices-opec-2021-11-02\/\">Organization of Petroleum Exporting Countries (OPEC)<\/a> failed to convince the public. According to an Emerson poll conducted over the weekend, nearly 40 percent of voters blame Biden for soaring energy prices, while only 18 percent say oil and gas companies are responsible. <\/p>\n<p>Apparently deploying the White House-friendly TikTok influencers didn\u2019t work as the administration hoped. Now the oil and gas companies have called, and they\u2019d like to resume their operations Biden put to a halt. <a href=\"https:\/\/www.foxnews.com\/politics\/biden-white-house-tiktok-benny-drama-vaccine-video\">Is Benny Drama there<\/a>? <\/p>\n<p>\u201cMr. President, we as representatives of critically important small and midsized energy producers are committed to do what we can at this moment on behalf of the American people,\u201d the coalition of trade groups <a href=\"https:\/\/u7061146.ct.sendgrid.net\/ls\/click?upn=4tNED-2FM8iDZJQyQ53jATUV5W6GLRE8e2EJxktEQZV6RbAIYtaPZmII6bVBoTa7VTM7P2rok1mbXHMI85Op2EnCfn8jhv-2FFRIe-2BHvejYztspKk1HZ2Vc-2BtMV9kUZWiMARuH2N8soX4NIPfZrbTjq3Ug-3D-3DZWAq_WYHhgIEbwKdNoZMf0J4V2ahOLuijqtOi5A4XxUDwIKlVL4SolBDf6zBPFntV5ITGdnEpeg9PGGxpGD7hffmBQ67FZuSijW3L-2F0G7CR2NXW9rD5tgDulwb451hgvLvOI6R8gWsqBXrv9Np-2BzF9Jyicw1ZRo-2B9zQDAhHw9jNtMK8nuR2F0p6G9Gr6xjNlnAfb8Z1BFaU3hyQjR29OlNXL-2FPqj-2FVNsLXoqTmwzL5sYO0aPVD9BvN50dYHIePadgICuH5cR8IQdb81HmiERhFrzWD3bD-2B0wB7SNMYB1hjzwMNdn9FfacS5ho-2BUxqLsK-2B0tAiVNHfGI6tCovEn3eURwYpJlN-2F4Oxc2gAaMeXlO05t0I0-3D\">wrote<\/a> Friday. \u201cThe time is now to work together to address our energy, and, indeed, national, security needs.\u201d<\/p>\n<p>Earlier this month, already high gas prices sustained <a href=\"https:\/\/thefederalist.com\/2021\/11\/11\/joe-biden-could-bring-down-gas-prices-tomorrow-hes-choosing-not-to\/\">throughout the president\u2019s 14-month tenure<\/a> reached a new peak at $4.33 a gallon. <a href=\"https:\/\/gasprices.aaa.com\/\">According<\/a> to AAA\u2019s gas tracker, prices remain less than 10 cents from the new all-time high at $4.24 as of Tuesday evening. <\/p>\n<p>While executives at major oil companies met with the president at the White House Monday, representatives from small- and mid-size producers were excluded from the talks on how to ramp up production to offset interruptions in global markets. <\/p>\n<p>The absence of small- and mid-size producers at the White House to navigate turbulence in the energy markets is no small oversight. Independent producers, defined by the Internal Revenue Service (IRS) as those with less than $5 million in annual retail oil and gas sales or with less than an average of 75,000 barrels of crude oil refined on a daily basis, are <a href=\"https:\/\/www.ipaa.org\/independent-producers\/\">responsible<\/a> for producing 83 percent of America\u2019s oil and 90 percent of America\u2019s natural gas. Unlike their larger corporate rivals such as Exxon, these comparatively small producers are ill-equipped to adapt to the cascade of taxes and regulations from the Biden administration to keep their operations sustainable. <\/p>\n<p>Biden\u2019s outreach to the oil giants while ignoring small-scale producers not only signals the return of the corporate swamp culture that\u2019s drowned public trust in Beltway institutions, but also highlights an alliance of Washington leaders catering to those who\u2019ve fallen in line with rhetoric on environmental, social, and corporate governance (ESG). Biden\u2019s invite extended to Exxon Mobil, ConocoPhillips, and Marathon Petroleum.<\/p>\n<p>\u201cIt\u2019s telling who he reached out to,\u201d said Daniel Turner, the founder and executive director of the energy non-profit Power the Future. \u201cA lot of corporate America speaks the climate language for convenience, for political reasons. It keeps protestors out of their corporate headquarters\u2026 They can [also] absorb the additional regulations and costs that the Biden administration imposes on the industry at large.\u201d<\/p>\n<p>In the absence of a personal invite to the White House like their large competitors, trade groups used their letter to explain actions the president could take immediately to ramp up domestic oil and gas production suppressed by the administration. <\/p>\n<p>\u201cThere are 4,621 permits to drill awaiting approval by the Department of Interior\u2019s Bureau of Land Management. Your appointees could approve these permits now, enabling communities to [move] forward with development,\u201d the coalition wrote. \u201cSo, yes, Mr. President, your administration is \u2018holding the industry back\u2019 in direct contradiction to your statements last week when you said your administration was not\u2026 We stand ready to assist in any way possible.\u201d<\/p>\n<hr class=\"wp-block-separator\" \/>\n<p>\n  Tristan Justice is the western correspondent for The Federalist. He has also written for The Washington Examiner and The Daily Signal. His work has also been featured in Real Clear Politics and Fox News. Tristan graduated from George Washington University where he majored in political science and minored in journalism. Follow him on Twitter at @JusticeTristan or contact him at Tristan@thefederalist.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A coalition of 10 oil and natural gas trade associations representing small- to mid-size producers blasted President Joe Biden last week for blaming the industry for high energy prices.<\/p>\n","protected":false},"author":494,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1395435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1395435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1395435"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1395435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1395435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1395435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1395435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}