November 1st is right around the corner. So is the winter heating and the holiday shopping season. The Joe Biden energy policies have devastated the economy and are about to worsen things. Diesel fuel cost is currently at a historic high, and things are not improving as it was announced this week that we have a twenty-eight-day supply of diesel fuel in our country. That is the lowest diesel supply since 2008. It should not go unnoticed that Joe Biden was a common denominator between 2008 and 2022. Biden was Vice President in 2008; unfortunately, he is our President in 2022.
Virtually everything we use and buy in this country relies on diesel fuel. We are already at 8.3% inflation, hurting every American household, but the shortage, and subsequent price hike, will drive that inflation rate higher. In New England, the problem is compounded by many homes and businesses using diesel oil as a primary heating supply. Many homes already see heating oil rationing, or they can only buy a smaller quantity they can afford. Either way, people have to keep their homes colder than desired. It is not hyperbole to say that we may have a loss of life from people not being able to heat their homes.
Truckers are paying exorbitant amounts of money to fill their tanks, and that cost has to be passed onto the consumer. We all share in the increased fuel cost, but what happens when the tanks run dry? The trucks stop, the product flow is interrupted, produce rots in the field, and livestock will need to be destroyed. Does this sound like a well thought out energy plan? Not even in a third-world country.
Joe Biden has to recognize he has to pivot on energy. He can either continue to align with the climate folk or see the damage he is doing to America and say enough. Our national security is at risk with our dependence on foreign crude. Just two years ago, we were exporting oil and LNG to our allies in Europe. Today, we have left these folks to beg for oil and gas from a hostile Russia. There are already brown and blackouts, and buying anything from Putin always comes with a hook. That puts NATO in a precarious position where they may compromise positions to ensure their people can stay warm.
Biden has been tapping our Strategic Energy Reserves in his futile effort to reduce gas prices. Unfortunately, he has also sold some of our reserves to foreign countries, even China. How does that reduce our costs? It doesn’t. There is no plan to replace the millions of barrels already withdrawn, which means, should we experience a catastrophe, we may not have the surplus needed. This, again, is another example of hurting our national security. Now Biden wants to start drawing from our diesel surplus. How about turning on the drills and refineries instead?
Our current energy policies is a great reason to hope for a Red Wave on November 8th. The polls continue to trend in the direction of the Republicans. And it is looking more like a takeover of both chambers of Congress, which will pause Joe Biden’s step.