Joe Biden Shut Domestic Oil Production Down. Now, With His Presidency Dying Faster Than His Dying Brain, He Begs US Companies to Start Drilling Again-- and Finds Out That Will Take Years

 

Dear Diary: Today I found out it's a lot easier to shut down domestic oil production with a series of executive orders and policy directives than it is to put oil back in production again. 

The Financial Times discovers that when Pop-Pop burned the US's domestic production capacity down, he didn't have a plan for starting it back up again. 

He just thought that "green energy" would come on line because we needed it to. 

As US petrol prices scale record highs, with the cost of a gallon of fuel surpassing $5 for the first time, Joe Biden has pleaded with the country�s oil producers to open the taps and stem the surge. 

But those calls -- a stark departure for a president who vowed to crack down on fossil fuels -- have largely gone unheeded as the industry insists its drilling spree days are behind it. 

"When the White House started calling around in a panic, they thought shale oil production could grow sharply in the near term -- like in a matter of months or quarters," said Bob McNally, head of consultancy Rapidan Energy. "They were shocked to learn that that's like asking for blood from a stone. It's almost impossible."

Weird, it's almost as if it's much easier to damage a complicated thing like a highly interrelated economic system -- or a human body -- with a stupid and gross injury than it is to repair it!

GO READ THE WHOLE THING.