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This week, the Biden administration issued a long overdue approval of the Willow Project in Alaska’s North Slope, an oil production site within the National Petroleum Reserve. While the announcement signals the administration is waking up to the reality that fossil fuels are critical to our nation’s energy security, there is still more the administration must do – and quickly.
It has been more than two years since energy prices began skyrocketing and inflation crippled the economic outlook of millions of Americans. During this time, the Biden administration tried to downplay the importance of oil supplies in restoring economic stability. Instead, President Joe Biden preferred to fan the flames of insecurity, spending trillions of dollars on increasing America’s dependence on intermittent renewable energy sourced from China and draining the Strategic Petroleum Reserve for political price-fixing purposes.
All the while, the administration has been deaf to the efforts of a broad and bipartisan coalition of state and local officials, labor organizations like the AFL-CIO, industry and the American people. They all recognize that if America does not step up to fill the void left by Russian President Vladimir Putin’s belligerence in Ukraine, then Iran, Venezuela, OPEC, or any other nation will gladly take our place at the table of energy superpowers.
BIDEN ADMIN’S WAR ON HOUSEHOLD APPLIANCES WILL CAUSE HIGHER PRICES, DIRTIER CLOTHES AND DISHES, EXPERTS WARN
Alaska’s Willow Project has been years in the making, and it is representative of the hindered potential of the thousands of outstanding or rejected leases under an administration at war with fossil fuels. The project has the potential to produce 180,000 barrels of oil per day and generate between $8 billion and $17 billion in new tax revenue, much of which will dampen the blow of rampant federal spending, and create 2,800 jobs, 300 of which will be…
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