Elections Have Consequences, Higher Energy Prices Will Be One Of Them

Getting rid of the orange man bad and his terrible tweets will not be free as Manhattan Contrarian points out:

We’re barely a week into the Biden presidency, and it’s been a literal blizzard of Executive Orders, so many that nobody can even keep up with them. Trying to review them in at least a general way, I can’t find a single one that is a good idea. They range from bad to catastrophic.

The overall summary is that the dopes have taken full control. All adult supervision has now been banished from the vast federal government, and the wokest (and stupidest) of the woke progressives are to have the full run of the place. Resources are now infinite, tradeoffs among competing priorities are no longer necessary, and all human problems are to be solved and perfect fairness and justice instituted within a matter of weeks if not days. Best of all, the Bidenistas think that all this will work because they are so “smart.”

There are multiple EOs on this subject of energy policy, but this one , issued yesterday, is the big one, going on and on for what would be the equivalent of maybe 40 pages if it were typed out on 8 1/2 x 11 sheets. The provisions run into the dozens and dozens. It’s all entirely fantasies and fairytales, with no attempt to estimate or even mention costs of anything, even though it’s clear that the costs will be enormous and destructive, and that it’s all going to get charged to you, and that the costs will fall disproportionately on the relatively low of income.

This will inevitably raise the cost of energy in the US and the cost will most likely fall onto those that can afford it least. It will also cost a ton of jobs and make us more dependent on foreign energy and make our country less competitive.

Higher oil prices will of course be excellent for me and other speculators. This is the third Obama term and I expect that that there will be a ton of money wasted on Biden Administration cronies and campaign contributers green energy boondoggles.

We will see how Boobus Americanus feels about old Joe after oil cracks $100/bbl. But hey all the Karens in suburbia will not have to endure bad orange man bad terrible tweets.