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RUSSIA JOE: Biden Attacks American Energy Again, but Buys Russian Oil

March 2, 2022 By E.J. Smith - Your Survival Guy

Vice President Joe Biden greets Russian Prime Minister Vladimir Putin at the Russian White House, in Moscow, Russia, March 10, 2011.
(Official White House Photo by David Lienemann).

The Biden administration has launched another attack on American energy producers at a time when the world needs them the most. As Russia invades Ukraine with an army financed by its sales of oil and natural gas, the world could use an alternative source. America could easily fill that role as home to some of the world’s largest energy resources. But Joe Biden seems to be intent on curbing American energy and allowing Russia to hold the world, especially Europe, hostage to his aggressive actions.

In his latest salvo against American energy producers, Biden wants to limit their ability to move liquified natural gas by train. First, that probably wouldn’t even be the choice of most energy producers, but Democrat environmentalist activists have blocked the cheaper, safer option of building more pipelines. Now they want to deny energy producers transport by train.

Now, a coalition of states is fighting back. Victor Skinner reports in Just the News:

Louisiana Attorney General Jeff Landry is leading a coalition of 25 states in opposition to a proposed federal rule to ban natural gas transport by rail car, arguing the decision drives up energy costs and threatens national security.

Landry wrote a letter to Tristan Brown, acting administrator of the Pipeline and Hazardous Materials Safety Administration (PHMSA), targeting a rule proposed by the Biden administration in November that would suspend authorization to transport liquefied natural gas (LNG) by rail tank cars.

The authorization, granted in a final rule in August 2020, permits specifically designed tank cars to transport LNG, but the proposed rule in November would negate that permission over concerns about increased greenhouse gases, worker safety, environmental risks and “environmental justice.”

“Biden’s war on energy is a war on America’s poor and working-class,” Landry said Monday. “It is high time the Biden Administration to put America first. Biden’s environmental virtue-signaling is burdening American families and jeopardizing the safety and security of our homeland.”

The attorneys general argued the proposed rule creates regulatory uncertainty, chills capital investment in the special tank cars and negatively affects national security and energy costs for consumers. The Biden administration’s focus on greenhouse gas emissions also “is an attenuated and speculative concern untethered to the scope of PHMSA’s regulatory purpose,” the letter read.

The letter argued the Russian invasion of Ukraine demonstrates why it is important for the U.S. to maintain energy independence.

“Current geopolitical events involving Russia’s unprovoked attack on Ukraine show with painful clarity the need for the United States to maintain its energy independence through multiple distribution points throughout our country,” the letter read. “The agency should not move forward with suspension of a rule that serves that important objective.”

The attorneys general cite the country’s reliance on natural gas, which currently generates 41% of electricity in the U.S., as well as figures that show significant decreases in greenhouse gas emissions in recent years.

“The growth in U.S. gas production is a geopolitical and economic asset, contributing to our national and global energy security,” according to the letter.

The proposed rule to halt LNG by rail stems from Biden’s Executive Order 13990, directing federal agencies to review Trump administration era rules to suspend or rescind over conflicts with the new administration’s focus on environmental justice and reducing greenhouse gas emissions.

Action Line: The states opposing Biden’s pro-Russian-energy order are Alabama, Montana, Alaska, Nebraska, Arizona, New Hampshire, Arkansas, Ohio, Florida, Oklahoma, Georgia, South Carolina, Idaho, South Dakota, Indiana, Texas, Kansas, Utah, Kentucky, Virginia, Mississippi, West Virginia, Missouri, and Wyoming. You’ll notice that many of these are Your Survival Guy’s Super States. If you are serious about making the move to a Super State, but can’t get going on your goal, I can help. Click here to subscribe to my free monthly Survive & Thrive letter, and I’ll help you break inertia and achieve your goal of freedom. But only if you’re serious.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.
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