High gasoline prices are not a “bug” in the view of the Biden Administration, but a “feature.” Environmentalists with enough money to pay the premium are giddy because high prices make expensive wind and solar energy more competitive. So, forget about the days when the most cost-saving ideas win in the marketplace, we are now in the era when government policies and regulations determine market prices. Hmmm … sounds like the old U.S.S.R., eh? How did that work out? It remains to be seen if Biden backs down as the mid-term elections approach. Americans will vote their pocketbooks first. Interesting times ahead
About Roy W. Spencer
Roy W. Spencer, Ph.D., is Principal Research Scientist in Climatology in the University of Alabama’s National Space Science & Technology Center. When he worked at NASA’s Marshall Space Flight Center, he and Dr. John Christy, who heads the NSSTC, jointly received NASA’s Exceptional Scientific Achievement Medal for their global temperature monitoring work with satellites. Dr. Spencer’s work with NASA continues as the U.S. Science Team leader for the Advanced Microwave Scanning Radiometer flying on NASA’s Aqua satellite. Dr. Spencer’s research has been entirely supported by U.S. government agencies: NASA, NOAA, and DOE. He has never been asked by any oil company to perform any kind of service. He is a Senior Fellow of The Cornwall Alliance for the Stewardship of Creation.
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