Biden’s war on American energy keeps hurting people’s bank accounts

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Biden’s war on American energy keeps hurting people’s bank accounts

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As a candidate for president in 2020, Joe Biden’s campaign slogan was “Build Back Better.” This platform included a dramatic shift away from the pro-American energy policies of the Trump administration. It was a process that started during Biden’s first week. However, after three years in office, absolutely nothing is better, and the only thing that seems built is the debt people have accumulated because of soaring energy prices resulting from Biden’s policies.

In 2021, Time reported how the significant rise in energy costs has negatively affected people. It represented the harsh reality of the burdens people would have to face because of the Biden administration’s political platform. For example, approximately 17% of the country’s population (55.3 million) reportedly struggled to pay their energy bills. Among the groups most affected by Biden’s high energy costs were racial minorities and low-income wage earners.

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In 2022, the Department of Energy reported that “nearly 1 in 4 households nationwide” experienced “high energy burdens.” As a result of these soaring energy costs, “more than 20% fell behind on their energy bills in 2022.” Additionally, between October 2022 and October 2023, nearly 1 out of every 3 people (32.3%) admitted to having to “cut back or skip necessary expenses at least once to pay for utilities.” Moreover, more than 1 in 5 people (21.2%) have said they have been “unable to pay part or all of their energy bill in the same period.”

A primary reason for soaring energy costs was arguably Biden’s insistence on advancing his radical climate change agenda, which is arguably based on agenda-driven “science” and the financial desires of the “Big Green” worldwide lobby. This process started when Biden eliminated former President Donald Trump’s deregulatory energy policies and reinstated the costly Obama-era energy policies that prioritized shifting the country’s reliance on fossil fuels behind that of promoting green energy. As a result, the Biden administration increased the nation’s dependence on foreign energy sources over domestic production, a move applauded by the wealthy people of environmentalism’s Big Green lobby who largely avoided the ramifications of Biden’s energy pricing hikes.

“Joe Biden has already waged war on American energy and driven up prices for consumers,” said Anna Kelly, national press secretary of the Republican National Committee. “Now, he’s putting the final nail in the coffin with promises to ‘largely’ phase out fossil fuels. He’d rather rely on foreign oil to peddle his fake environmental agenda than lower costs for the American people.”

Under the guise of environmentalism, Biden’s radical energy policies have left many people struggling. While Biden and his family live in the lap of luxury, the country’s financially vulnerable have been left footing the bill for Biden’s political agenda. People suffer so the Big Green lobby can flourish and reap the financial rewards of left-wing energy.

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