DAVID BLACKMON: This Might Be The Biggest Stain On Biden Admin’s Legacy

DAVID BLACKMON: This Might Be The Biggest Stain On Biden Admin’s Legacy

By David Blackmon |

News broke last week that the Biden Department of Energy (DOE), led by former Secretary Jennifer Granholm, was so dedicated to the Biden White House’s efforts to damage the dynamic U.S. LNG export industry that it resorted to covering up a 2023 DOE study which found that growth in exports provide net benefits to the environment and economy.

“The Energy Department has learned that former Secretary Granholm and the Biden White House intentionally buried a lot of data and released a skewed study to discredit the benefits of American LNG,” one DOE source told Nick Pope of the Daily Caller News Foundation.. “[T]he administration intentionally deceived the American public to advance an agenda that harmed American energy security, the environment and American lives.”

And “deceived” is the best word to describe what happened here. When the White House issued an order signed by the administration’s very busy autopen to invoke what was supposed to be a temporary “pause” in permitting of LNG infrastructure, it was done at the behest of far-left climate czar John Podesta, with Granholm’s full buy-in. As I’ve cataloged here in past stories, this cynical “pause” was based on the flimsiest possible rationale, and the “science” supposedly underlying it was easily debunked and fell completely apart over time.

But the ploy moved ahead anyway, with Granholm and her DOE staff ordered to conduct their own study related to the advisability of allowing further growth of the domestic LNG industry. We know now that study already existed but hadn’t reached the hoped-for conclusions.

The two unfounded fears at hand were concerns that rising exports of U.S. LNG would a) cause domestic prices to rise for consumers, and b) would result in higher emissions than alternative energy sources. As the Wall Street Journal notes, a draft of that 2023 study “shows that increased U.S. LNG exports would have negligible effects on domestic prices while modestly reducing global greenhouse gas emissions. The latter is largely because U.S. LNG exports would displace coal in power production and gas exports from other countries such as Russia.”

An energy secretary and climate advisor interested in seeking truth based on science would have made that 2023 study public, and the “pause” would have been a short-lived, temporary thing. Instead, the Biden officials decided to try to bury this inconvenient truth, causing the “pause” to endure right through the final day of the Biden regime with a clear intention of turning it into permanent policy had Kamala Harris and her “summer of joy” campaign managed to prevail on Nov. 5.

Fortunately for the country, voters chose more wisely, and President Trump included ending this deceitful “pause” exercise as part of his Day One agenda. No autopen was involved.

So, the thing is resolved in favor of truth and common sense now, but it is important to understand exactly what was at stake here, exactly how important an industry these Biden officials were trying to freeze in place.

In an interview on Fox News Monday, current Energy Secretary Chris Wright did just that, pointing out that, fifteen years ago, America was “the largest importer of natural gas in the world. Today, we’re the largest exporter.”

He went onto add that, “the Biden administration put a pause on LNG exports 14 months ago, January of 2024, sending a message to the world that maybe the US isn’t going to continue to grow our exports. Think of the extra leverage that gives Russia, the extra fear that gives the Europeans or the Asians that are dying for more American energy.”

Then, Wright supplied the kicker: “They did this in spite of their own study that showed increasing LNG exports would reduce greenhouse gas emissions and have a negligible impact on price.” It was an effort, Wright concludes, to kill what he says is “America’s greatest energy advantage.”

This incident is a stain on the Biden administration and its senior leaders. The stain becomes more indelible when we remember that, when asked by Speaker Mike Johnson why he had signed that order, Joe Biden himself had no memory of doing so, telling Johnson, “I didn’t do that.”

Sadly, we know now there’s a good chance Mr. Biden was telling the speaker the truth. But someone did it, and it’s a travesty.

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Originally published by the Daily Caller News Foundation.

David Blackmon is a contributor to The Daily Caller News Foundation, an energy writer, and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

We Are Witnessing A Return To Energy Realism

We Are Witnessing A Return To Energy Realism

By David Blackmon |

A new survey conducted by Bain & Co. finds a rising percentage of energy executives willing to recognize the reality that the world will fail to achieve the “net zero by 2050” drop-dead goal pushed by the globalist community.

Bain & Co. surveyed more than 600 executives in oil and gas, utilities, chemicals, mining, and agribusiness during last November’s COP28 conference in Dubai and over the weeks following that event.

2050, of course, is the alarm-driven drop-dead date given to us by the UN Intergovernmental Panel on Climate Change (IPCC) as the year we must achieve global net zero carbon emissions to prevent disastrous levels of global warming. But everyone knows that such alarmist projections have always been quite malleable and tend to shift to later dates in time once it becomes clear that the predicted disasters by certain dates aren’t actually coming about. You know, like all those alarms about the end of snow, the melting of the polar ice caps, Greenland’s ice shelf sliding off into the ocean, and Manhattan being inundated by rising sea levels. Al Gore kind of stuff.

Similarly, Bain & Co. finds that a rising percentage of energy executives now expect the ballyhooed “net zero” date to be pushed well past 2050, with fully 62% now anticipating it won’t be reached before 2060 or even later. That number is up from just 54% expressing the same opinion a year ago, and we can be sure it will keep rising in every subsequent year as the impossibility of reaching that 2050 goal becomes increasingly obvious to even the truest of true believers.

Here is how Bain puts it in its press release: “Clearly, the longer that executives on the front lines of the energy transition grapple with the challenges of putting decarbonization plans into action, the more sober they’re getting about the transition’s practical realities.”

Yes, pesky practical realities do have a way of intruding on the fantasy thinking that underlies so much of the energy transition’s prevailing narratives. In its next paragraph, Bain cites factors like rising interest rates and growing concerns about lack of “policy stability” in the US and other western democracies, i.e., democratic elections, as factors causing more and more of these executives to become skeptical about achieving the alarmist goals.

But weren’t those and other factors completely foreseeable to anyone who understands how the world really works? Of course, they were, but we must recognize that the key decisions related to this heavily subsidized transition are not being made by such people, but by politicians and bureaucrats. And therein lies the real trouble. Politicians look at impractical “solutions” like wind, solar, and electric vehicles and see shiny objects that they might be able to leverage with voters. Whether or not the solutions have any practical value is a secondary thought if they consider it at all.

We see this survey’s findings now reflected in remarks by industry executives at this week’s CERAWeek conference in Houston. CEOs from companies like Saudi Aramco, ExxonMobil, Shell, and others stated their views that the world will require more and more oil, natural gas, and coal for decades to come, and discussed their plans to rededicate more of their capital budgets to their core businesses and less to pleasing ESG investors by throwing away money at unprofitable green ventures.

Reality is setting in, slowly but surely. When Energy Secretary Jennifer Granholm tells an interviewer from E&E News that the Biden administration is trying to bring about “a managed transition,” as she did this week, more and more smart people in the energy space are coming to realize the threat that really represents.

Speaking to the CERAWeek audience Monday, Granholm claimed strong public support for the Biden Green New Deal agenda, saying, “Consumers are calling for change. Communities are calling for change. Investors are calling for change.” Again, Bain finds a rising percentage of executives actually in the business increasingly skeptical any of that is accurate.

What we are seeing here is a return to energy realism in the business community. That’s good news for everyone, whether the Biden administration and its alarmist supporters approve of it or not.

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Originally published by the Daily Caller News Foundation.

David Blackmon is a contributor to The Daily Caller News Foundation, an energy writer, and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.