James Lambert
Biden is to blame for your high gas prices!
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By James Lambert
July 19, 2021

Since mid-January when Joe Biden took over the reins of office at the White House, the price of a gallon of gas has gone up noticeably. This $1.00 plus increase (per gallon) has affected each of us as Americans.

Almost immediately when his administration took over, it was easy to notice the rise in gasoline prices. Within a month Biden’s initiated White House directives ultimately ceased the U.S.- Canadian gas pipeline that was under construction during Trump’s administration.

This move not only terminated thousands of American jobs but it would ultimately make the production of gasoline from oil to gasoline much more costly. Transferring and shipping oil by pipeline is much cheaper for the oil companies than delivering it to our refineries by train. This obviously costly initiative of Biden’s administration would increase the price of gasoline.

Biden’s other oil related initiative also restricted and cancel many of the oil fracking sites around the country. This especially pertained to all oil fracking sites located on federal lands.

During Trump’s four year term the President would instead encourage U.S. oil companies to expand their exploration of oil. Part of the motive to decrease federal income taxes on corporations (like Exxon Mobile, Chevron and others) was the strong possibility of these same corporations passing on some of these savings to the public (hence the cost of gasoline).

Biden and his administration desires that the American public will lower their dependence on traditional gasoline powered automobiles. This explains why there is a lot of pressure on automobile manufacturers to produce and electric cars. In California, Governor Gavin Newsome even signed a state initiative to outlaw car dealers from selling (new) gasoline powered vehicles after 2034.

His state continues to place a huge (per gallon) tax on each gallon of gas which also affects California resident’s cost of gasoline.

Clearly all this illustrates just how radical the present day Democratic party has become. If you care about this country, I ask you to take several photo copies of this article and pass them to those around you who are buying gas during the next time you are at a service station to buy gas.

© James Lambert

 

The views expressed by RenewAmerica columnists are their own and do not necessarily reflect the position of RenewAmerica or its affiliates.
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James Lambert

James Lambert has a broad business background. After receiving his undergraduate degree from Linfield College (McMinnville, Oregon), Lambert pursued a career in banking by working in various management capacities for Crocker Bank, San Diego Trust & Savings Bank and First Interstate Bank (between 1973 and 1995). By 1990 Lambert received his Master in Business Administration from National University (San Diego). For 3 years, Lambert also taught Finance at Mira Costa Community College... (more)

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