Valero Destroys Biden Energy Narrative, Humiliates Newsom
Valero Destroys Biden Energy Narrative, Humiliates Newsom
Last week, we reported on rising gas prices. On October 6, 2022, the national average was $3.87 per gallon, according to AAA who tracks the data point nationally. Today, just three days later, it’s $3.91.
As a reminder, the day Joe Biden took office, the national average was $2.38 per gallon. The gaslighting from the Biden regime continues, with Press Secretary Karine Jean-Pierre saying Thursday, “The President’s efforts have made progress bringing down U.S. gas prices. Since the beginning of the summer, gas prices are down nearly $1.20. And the most common price at gas stations today is $3.29 per gallon.”
They say “most common” instead of “national average” so they can mislead Americans. The fact is, gas prices are still 61% higher with Biden, according to the data rather than the politics of it all.
The devastating energy policies are perhaps most acutely felt in California, where Governor Gavin Newson and the California Energy Commission can’t get their heads around the outcomes of their policies.
From NPR, “Last month, regulators at the California Energy Commission wrote a letter to five oil refiners — Chevron, Marathon Petroleum, PBF Energy, Phillips 66 and Valero — demanding an explanation for why gas prices jumped 84 cents over a 10-day period even as oil prices fell. The commission wrote that the oil industry had ‘not provided an adequate and transparent explanation for this price spike, which is causing real economic hardship to millions of Californians.’"
Scott N. Folwarkow, Vice President of Government Affairs at Valero, answered the CEC letter with a nice refreshing dose of reality.
“As demanded and with one business day to respond, Valero is providing the following response to the California Energy Commission (the ‘Commission’) letter of September 30, 2022 letter.”
The tone is palpable in the very first sentence. Energy companies are the leftists’ favorite boogieman, especially in the Golden State, and it sounds like they are finally standing up for the industry. Here are some key moments from the nearly two page letter.
“California is the most expensive operating environment in the country and a very hostile regulatory environment for refining.”
“California policy makers have knowingly adopted policies with the expressed intent of eliminating the refinery sector.”
“California requires refiners to pay very high carbon cap and trade fees and burden gasoline with the cost of the low carbon fuel standards.”
“California has imposed some of the most aggressive, and thus expensive and limiting, environmental regulatory requirements in the world.”
“California regulators have mandated a unique blend of gasoline that is not readily available outside of the West Coast.”
“California is largely isolated from fuel markets of the central and eastern United States.”
The back and forth in California reflects the Biden administration’s policy of demonizing profits for economic sectors they ideologically oppose.
“Bring down the price you are charging at the pump to reflect the cost you are paying for the product. Do it now. Do it today. Your customers, the American people, they need relief now,” says Joe Biden as he continues to pursue policy actions that handicap the energy sector.
As a reminder, Biden signed 17 Executive Orders on his first day in office, many of them targeted at the US Energy Industry. The energy policy of the 46th administration has evolved to align with the most radical policies in the country – those of California.
Now that those policies are reaching their logical conclusion, Newsom, Biden and the rest of the leftists want to blame everyone but themselves and their terrible ideas.
The narrative is largely failing, however, because Americans are watching and we are all pretty much thinking the same thing: Actions have consequences.
As do stolen elections.
___________
Here is today’s letter to congress.
ATTENTION CONGRESS:
“Bring down the price you are charging at the pump to reflect the cost you are paying for the product. Do it now. Do it today. Your customers, the American people, they need relief now,” says Joe Biden as he continues to pursue policy actions that are devastating to the energy sector and American family budgets.
US energy policy has evolved with this administration to align with the most radical policies in the country – those of California. Now that those policies are reaching their logical conclusion, Newsom, Biden and the rest of the leftists want to blame everyone but themselves and their terrible ideas.
Valero has put this in simple terms for those of you who aren’t keeping up:
“California is the most expensive operating environment in the country and a very hostile regulatory environment for refining.”
“California policy makers have knowingly adopted policies with the expressed intent of eliminating the refinery sector.”
“California requires refiners to pay very high carbon cap and trade fees and burden gasoline with the cost of the low carbon fuel standards.”
“California has imposed some of the most aggressive, and thus expensive and limiting, environmental regulatory requirements in the world.”
“California regulators have mandated a unique blend of gasoline that is not readily available outside of the West Coast.”
“California is largely isolated from fuel markets of the central and eastern United States.”
Blaming energy companies for your terrible policies – and their logical outcomes – is not going to work this time. Indeed, the narrative is already largely failing, however, because Americans are watching and we are all pretty much thinking the same thing: Actions have consequences.
DEMAND FOR REMEDY: Reclaim your legislative power. Stop allowing the Executive Branch to rule via Executive Order. Impeach this administration.
Actions, including yours, have consequences. Remember your oath.