With crude oil prices rising rapidly, it’s time to review the Biden Administration policies of the last 11 months that have gotten us here: Immediate revocation of the Keystone XL pipeline, the safest and best way to transport crude oil; a moratorium on new oil and gas leases on federal lands; suspended leases in ANWR; possibly putting Alaska’s National Petroleum Reserves off limits; and, the Federal Reserve may impose new rules on so-called “climate-related financial risk.” Rising fuel and heating costs are a real tax on American families already feeling the pinch of supply shortages and rising prices on many goods and services.
