Joe Biden’s Dirty Little Secret: He Wants Higher Gasoline Prices

When he announced last week that he would release more oil from the American Strategic Petroleum Reserve, President Joe Biden told the American people he is doing everything possible to bring down gas prices at the pump.
That’s a lie. This administration and the climate change crazies have declared war on American energy.
They want high oil and gas prices. The Biden master plan is for American oil and gas production and consumption to go to zero over the next 15 to 20 years.

Read original

Op-Ed: Payouts for whistleblowers aren’t enough. Workers need to know they can make a difference

Last month, a former employee of Deutsche Bank hit the jackpot. The U.S. Commodity Futures Trading Commission awarded this publicly unnamed whistleblower almost $200 million for supplying “specific, credible, and timely original information” that aided the agency in its investigation into the illegal rigging of inter-bank interest rates. This was the largest whistleblower payment in history.
The former bank employee now joins a select group of whistleblowers who not only spoke out and were heard by the authorities, but also were rewarded handsomely for their effort.

Read original

At COP 26, A Bigger, Stronger Climate Movement Made Its Mark

Mia Mottley, prime minister of Barbados, speaks at COP 26 in Glasgow. (Daniel Leal-Olivas – Pool / Getty Images)

This column is part of Covering Climate Now, a global journalism collaboration cofounded by Columbia Journalism Review and The Nation to strengthen coverage of the climate story.

The science tells us this is the decade to take action to avert the irreversible impacts of climate change.

Read original

Biden Considering New Protections for Greater Sage Grouse

Greater sage grouse.Kerry Hargrove/Getty

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration.
The Biden administration is considering new protections for the greater sage grouse, a bird known for the strutting and puffed-up courtship displays of males, that is losing grassland habitat across the western United States to climate change and pressure from industrial development.

Read original

Raising Energy Prices Through Intimidation

Opinion

|
Posted: Nov 28, 2021 12:01 AM

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

As the weather turns colder, higher energy prices that consumers have been seeing at the pump are rapidly going to show up on home heating bills. The cost of crude oil, natural gas, and even coal has skyrocketed due to a confluence of factors ranging from U.S. and European energy policies, pandemic-related fluctuations in supply and demand and even low wind production.

Read original

Democrats need to admit that inflation is real – or voters will turn on them | Andrew Gawthorpe

Democrats need to admit that inflation is real – or voters will turn on them

Andrew Gawthorpe

Inflation is an issue of real concern to many Americans. It’s also a chance for Democrats to name and shame price-gougers

‘This week Biden announced the release of 50m barrels of oil from the US strategic petroleum reserve, an attempt to bring down gas prices at the pump.’ Photograph: Joe Raedle/Getty Images

‘This week Biden announced the release of 50m barrels of oil from the US strategic petroleum reserve, an attempt to bring down gas prices at the pump.

Read original

The Omicron Variant Panic

Markets sold off worldwide on Friday after South Africa raised alarm about the new “variant of concern” that the World Health Organization named Omicron. The panic may be driven more by the fear of new government lockdowns and social distancing than by the variant itself.
The Dow fell 2.5% while U.S. crude prices tumbled 13% as the U.S. and other countries restricted travel to southern Africa. President Biden wants lower oil prices, and he may get his wish.

Read original

Here’s How Biden Could Override the Democrats Protecting Wall Street

Five Democrats plan to block the confirmation of Saule Omarova, President Biden’s nominee for Comptroller of the Currency, who is widely seen as a tough-on-banks pick at an agency that has long been captured by Wall Street.
Three of the Democrats—Sens. Jon Tester (D-MT), Mark Warner (D-VA), and Kyrsten Sinema (D-AZ)—voted for a 2018 bank deregulation bill that Omarova criticized at the time. By opposing Biden’s pick to regulate major banks, they are joining hands with the bank lobby, which has led an unusually intense opposition campaign against the Cornell law professor. Sens.

Read original

When Real Life Feels More Like Science Fiction

Oil pumpjacks. (muratart / Shutterstock)

EDITOR’S NOTE: This article originally appeared at TomDispatch.com. To stay on top of important articles like these, sign up to receive the latest updates from TomDispatch.com.

Subscribe to The Nation
Subscribe now for as little as $2 a month!

Thank you for signing up for The Nation’s weekly newsletter.

Thank you for signing up. For more from The Nation, check out our latest issue.

Read original

The greediest Thanksgiving ever

Now, they tell us, inflation might be happening — but it’s the fault of greedy corporations! And those companies must be punished.

Corporate greed is why your Thanksgiving turkey and energy prices are more expensive this year, alleges Sen. Elizabeth Warren (D-Mass.). Corporate greed is also why Dollar Tree is finally raising its prices, after 35 years, from $1 to $1.25 for most items, says a senior staffer for Sen. Bernie Sanders (I-Vt.).

Read original