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Resident Biden Provides Limp-Wristed Relief for Sky High Fuel Prices


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As Bugs Bunny would say..."What a maroon!"




By Marc J. Rauch
Author of THE ETHANOL PAPERS
Exec. Vice President/Co-Publisher
THE AUTO CHANNEL


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Marc Rauch

Earlier today, the demented crooked politician who is currently wandering around the halls of the big house in Washington announced orders that he apparently thinks will have some meaningful mitigating effect on soaring fuel prices. Brandon, er, I mean Joe, said he's ordering the release of 50 million barrels of petroleum from the nation's strategic petroleum reserve "...to lower prices for Americans and address the mismatch between demand exiting the pandemic and supply." This cloaca thinks that this will suffice as a show of strength to the oil producing regimes until we can end the Chinese virus, start relying on wind and solar energy, and welcome a country filled only with electric vehicles. In reality, the only wind we can rely on from Bidumb is the wind he's blowing out his exhaust pipe (as he did recently at a royal event in England).

First, the Chinese virus does not affect crude oil; oil in the ground doesn't spoil from viruses. And there's no shortage of oil because of the virus...the lower rate of driving during the most extreme parts of the worldwide hysteria created a surplus.

Second, America uses about 7-8 million* barrels of oil per day. The amount of oil released from the strategic oil reserve is less than 10 days. Unless his mis-administration is hiding some more news from us, the virus will not disappear in less than 10 days, nor will wind and solar power mature in the next week and a half to the point that we can all rely on them for electricity to power our televisions, computers, and electric stoves.

Third, even in the most absurdly optimistic scenario, America will not be filled with electric vehicles for decades. Millions and millions of internal combustion engines vehicles will be with us for a long time.

The Resident is stark-raving insane.

There is one, ONLY ONE, way to immediately cut the cost of fuel and send an Earth-shattering message to the evil regimes that pull oil and natural gas out of the ground. That one way is ETHANOL. Slo-Joe should immediately (if he can legally do it) mandate that all fuel at the pump be at least E30 (30% ethanol, 70% the poison made from petroleum oil). Once the ethanol industry can ramp up, after being toned down because of government's lack of support, E50 fuel should be mandated at all fuel pumps. There should be a Congressional bill mandating that all new internal combustion engines be manufactured to fully optimize E85 to E95 fuel. And E85 should be the mandated fuel all across America in 5 to 6 years.

Then, sometime around the turn of the next century, maybe America will be an electric vehicle haven, or nightmare.

It's time to get real and make the Commander-by-Cheat a resident of a real looney bin.

How much gasoline does the United States consume?

In 2020, the US Department of Transportation estimated that about 123.73 billion gallons (or about 2.95 billion barrels1) of finished motor gasoline were consumed in the United States, an average of about 338 million gallons per day (or about 8.05 million barrels per day). This was the lowest level of annual consumption since 1997 and about 14% less than the record level of consumption of nearly 392 million gallons per day in 2018. The decrease in gasoline consumption in 2020 was the largest annual decrease recorded and largely the result of the global response to the coronavirus (COVID-19) pandemic.

* There are 42 U.S. gallons in a barrel.