{"id":1528634,"date":"2022-06-25T20:19:04","date_gmt":"2022-06-26T00:19:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1528634"},"modified":"2022-06-25T20:19:16","modified_gmt":"2022-06-26T00:19:16","slug":"bidens-abuse-of-defense-production-act-will-drive-gas-prices-even-higher","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-abuse-of-defense-production-act-will-drive-gas-prices-even-higher\/","title":{"rendered":"Biden\u2019s Abuse Of Defense Production Act Will Drive Gas Prices Even Higher"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/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%2Fbidens-abuse-of-defense-production-act-will-drive-gas-prices-even-higher%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=1528634&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--><p>Gas prices have driven many a voter to the polls in our nation\u2019s history, but Americans are feeling pain at the pump now more than ever as the average national gas price <a href=\"https:\/\/www.npr.org\/2022\/06\/11\/1104364665\/gas-prices-5-high-inflation\">breached $5 for the first time in history<\/a>.<\/p>\n<p>President Biden is busying himself with non-solutions like a temporary gas tax break \u2014 something\u00a0<a href=\"https:\/\/nam11.safelinks.protection.outlook.com\/?url=https%3A%2F%2Frumble.com%2Fv19b73j-real-america-dan-ball-w-jason-isaac-biden-regime-making-way-for-the-green-n.html&#038;data=05%7C01%7Cjisaac%40texaspolicy.com%7C30684a4262ab4db5b6c408da54b10e3f%7Ca09e2cb6dde84dd8ae3df1e84f57dd50%7C0%7C0%7C637915416677719031%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&#038;sdata=ZGqd6D4Esc1IpC8gdeFPoQeqpJLHZ4lse5fQNLWmQiQ%3D&#038;reserved=0\">even former President Obama called a \u201cgimmick\u201d<\/a>\u00a0\u2014 in an attempt to show some concern for the lower- and middle-class families he claimed to fight for on the campaign trail. But a bevy of mandates handed down from his administrative state indicate his real priorities lie elsewhere.\u00a0President\u00a0Biden\u2019s\u00a0<a href=\"https:\/\/nam11.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.whitehouse.gov%2Fbriefing-room%2Fstatements-releases%2F2022%2F06%2F06%2Ffact-sheet-president-biden-takes-bold-executive-action-to-spur-domestic-clean-energy-manufacturing%2F&#038;data=05%7C01%7Cjisaac%40texaspolicy.com%7C30684a4262ab4db5b6c408da54b10e3f%7Ca09e2cb6dde84dd8ae3df1e84f57dd50%7C0%7C0%7C637915416677719031%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&#038;sdata=O7fh3YPqFgATUY1nxSpqNe15W8En3vFepbcG87H6NIM%3D&#038;reserved=0\">bizarre abuse of the Defense Production Act<\/a>\u00a0for inexpensive and unreliable renewable energy \u2014 and his continued injection of climate politics into financial regulations \u2014 suggest the president\u2019s leftist agenda takes precedent over our well-being.<\/p>\n<p>If only President Biden knew how simple it would be to solve $5 gas and restore economic prosperity to the nation.<\/p>\n<p>Biden\u2019s exploitation of the Defense Production Act to prop up the renewable energy industry may be his most out-of-touch move yet. With <a href=\"https:\/\/www.cnbc.com\/2022\/05\/11\/two-thirds-of-americans-live-paycheck-to-paycheck-as-inflation-climbs.html\">two-thirds of the nation living paycheck-to-paycheck<\/a> \u2014 not to mention serious crises like the baby formula shortage still ongoing \u2014 Biden is giving special treatment to energy sources that have never yet proven to be worth the taxpayers\u2019 hard-earned dollars. <a href=\"https:\/\/lifepowered.org\/new-research-examines-last-decade-of-federal-energy-subsidies\/\">Decades of subsidies measuring in the hundreds of billions<\/a> haven\u2019t made renewable energy more reliable or affordable, despite its advocates\u2019 bold claims. The Defense Production Act won\u2019t either; it will just drive energy prices even higher.<\/p>\n<p>The Trump administration\u2019s pro-energy policies created real savings for families \u2014 and continued <a href=\"https:\/\/lifepowered.org\/for-a-cleaner-earth-invest-in-dont-divest-from-fossil-fuels\/\">our track record of global environmental leadership<\/a> \u2014 but President Biden\u2019s war on fossil fuels has already erased that progress. The average family is now paying nearly $3,000 more on gasoline per year than under the previous administration, on top of sky-high inflation causing higher prices for other essential goods.<\/p>\n<p>And it\u2019s not just that President Biden favors wind and solar over fossil fuels. His legion of bureaucrats are actively working to destroy the American energy industry by imposing draconian financial regulations. A new proposal from the SEC will <a href=\"https:\/\/www.thecentersquare.com\/alabama\/governors-pan-sec-climate-disclosure-proposal-as-unprecedented-federal-overreach\/article_7bb8624c-e11b-11ec-8503-7be3b284c3da.html\">impose massive compliance costs on energy producers<\/a> and force them to spend time and money on \u201cgreenwashing\u201d instead of on harvesting and delivering the energy we need.<\/p>\n<p>We need only look across the pond to the European Union to see how such a deliberate anti-energy agenda will work out for America. The EU is <a href=\"https:\/\/ec.europa.eu\/info\/news\/focus-reducing-eus-dependence-imported-fossil-fuels-2022-kwi-20_en\">now dependent<\/a> on Russia for 40% of its natural gas, 27% of its oil, and 46% of its coal \u2014 and electricity prices are skyrocketing. America can and should be a world superpower in energy, but President Biden\u2019s policies have already made us energy dependent once again.<\/p>\n<p>President Biden will continue to blame Russian President Vladimir Putin and oil companies, but he needs to man up and accept responsibility. He told us he was going to do this: \u201c<a href=\"https:\/\/www.youtube.com\/watch?v=Slszva6kk90\">I guarantee you we\u2019re going to end fossil fuel<\/a>,\u201d he said. The president knew there would be pain inflicted by forcing the American people to give up the prosperity provided by oil, gas, and coal. In the last 150 years that humanity has had access to fossil fuels, <a href=\"https:\/\/lifepowered.org\/daily-wire-the-debilitating-pessimism-of-climate-change-alarmists\/\">every measurement of quality of life has improved<\/a> as poverty has declined, health has improved, and our environment has gotten cleaner.<\/p>\n<p>It\u2019s an injustice that President Biden is forcing poverty onto the American people to appease ruling-class elites who prioritize climate catastrophism over improving human lives. Fossil fuels and nuclear energy need to be embraced to improve the global environment, lift billions out of poverty, and promote economic prosperity in America and abroad.<\/p>\n<p>The views expressed in this piece are the author\u2019s own and do not necessarily represent those of The Daily Wire.<\/p>\n<p>Jason Isaac is Director of Life:Powered, a national initiative of the Texas Public Policy Foundation to raise America\u2019s energy IQ. Jason has appeared live on Fox Business Network and other national news shows, and his commentaries have been published in Fox Business, The Hill, The Washington Examiner, The Daily Caller, and other publications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gas prices have driven many a voter to the polls in our nation\u2019s history, but Americans are feeling pain at the pump now more than ever as the average national gas price breached $5 for the first time in history. President Biden is busying himself with non-solutions like a temporary gas tax break \u2014 something\u00a0even &#8230;<\/p>\n","protected":false},"author":131,"featured_media":1528658,"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-1528634","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\/1528634","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\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1528634"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1528634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1528658"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1528634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1528634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1528634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}