What you're citing is a proposal made in Dec. 2021, subject to hearings and revision. Even if the rules were subsequently enacted, it would take months, maybe years, to take effect.
Well Bob, in the link provided on the new proposed rules you'll see a date on the right hand side that lists that comments close 01/14/2022.
And yet just above that they suggest you have your comment in by or before December 15, 2021:
"Comments must be received on or before January 14, 2022. Under the Paperwork Reduction Act (PRA), comments on the information collection provisions are best assured of consideration if the Office of Management and Budget (OMB) receives a copy of your comments on or before December 15, 2021."
OK, on to the hearing dates:
"The public hearing will be held via virtual platform on November 30, 2021, and December 1, 2021, and will convene at 11:00 a.m. Eastern Time (ET) and conclude at 9:00 p.m. ET each day."
Timeline: New proposed rules 11/15/2021
Comments to be received by 01/14/2022
To be considered they must be in by 12/15/2021
Online hearings to be held 11/30/2021 and 12/02/2021
After all comments have been considered, the hearings have been held, the new EPA rules went into effect immediately.
That used to be how it was done until
very recently. Now due to a new Supreme Court ruling, any regulations that may directly affect the US economy must pass thru Congress. If you wish to review the case it's West Virginia V. EPA. The details are directly related to Biden's Executive Orders and revocation of the Trump era EO's that limited the regulatory power of the EPA.
SC ruling here:
https://www.supremecourt.gov/opinions/21pdf/20-1530_n758.pdf
I ask again, how much has U.S. oil production
actually dropped during the Biden administration vs. the last year Trump's? Here's someone who says daily oil production under Biden is roughly the same as under Trump. What has changed as the economy resumes post-pandemic is
demand, and that's something Biden has little influence over.
https://www.poynter.org/fact-checki...on-in-bidens-first-year-is-on-par-with-trump/
Ah, now for this part you've made a mistake. You've trusted a "Fact Check" organization to actually tell you facts without any spin. Unfortunately this is yet another Left leaning media product that presents only the facts they can spin into Biden's favor.
Let's look at the fact check article's title with a little more detail and a lot less spin:
"Gas prices aren’t high due to shut down US production. Oil production in Biden’s first year is on par with Trump."
That sounds great! Let's review US oil production over the past 5 years. That'll be interesting!
2017: 3,415,257,000 Barrels of Crude Oil.
2018: 3,993,288,000 Barrels of Crude Oil.
2019: 4,485,635,000 Barrels of Crude Oil.
2020: 4,129,563,000 Barrels of Crude Oil.
2021: 4,082,478,000 Barrels of Crude Oil.
Oh, so they mean current US oil production is on par with Trump's
when compared to the 2020 numbers. Still 2021 is a bit lower than the 2020 numbers but let's review. First let me point out that gas and oil production increased dramatically under President Trump as a direct result of his Energy Policies that encouraged production of US natural resources. What happened in 2020 to limit production in the US that had nothing to do with Trump's energy policies? Anyone? That's right. The Pandemic. Oil crashed to $0.00 and in some cases was selling in distressed lots below $0.00 because storage was a max levels. They didn't have enough tanks for the excess and they were paying people to take the excess.
To compare Biden's first year's oil production to Trump's last year of oil production (2020) is dishonest and nothing more than political spin. The comparison should be made of the percentage of increased production overall and not limited to the year of the pandemic. Is the Biden Admin producing more or less than the previous Trump admin by average yearly gain? The answer is less.
Also you may want to keep in mind the site you linked to will never directly say that Biden has lied, even when their fact check proves he did lie about whatever issue. They simply list it as "Biden's spin". Highly dishonest and politically biased group that one.
And the oil companies are making wild profits:
https://www.forbes.com/sites/rrapie...-fared-under-president-biden/?sh=291dd2038908
Maybe the market is influenced by factors more immediate than support for clean air.
The oil companies certainly are reaping record profits. This was expected. Surely everyone is familiar with the rule of supply and demand? Oil in short supply, price goes up. Oil in excess supply, price goes down. The cause of the short supply is directly linked to Biden's policies on the Environment. (Glad the Supreme Court recently figured that one out in West Virginia V. EPA)
Without a doubt the market has been influenced by other factors. I freely admit and accept the war in Ukraine is also a contributing factor to the current price of energy. But it is a small contributing factor (Johnny come lately) when compared with the production losses tied to EPA excess regulation which are a direct result of Biden's policies to limit greenhouse gases by effectively reducing oil and gas production in the US.
In closing, this reply has turned into a monster and I apologize for that but oil and gas production and the EPA with regards to the President's Energy policies are things I'm very passionate about. Biden has done much lately to try and decrease the price of gas and some of it is working. Though in my ever honest opinion, his actions have more to do with the voting booth than anything else. I agree with Biden's vision for a Green Energy transition in the US. Though the methods of implementation have been flawed. We're first going to have to get the cost of electric cars and solar panels down to where the average American doesn't have to choose between buying a home or buying a Tesla. Most can't have both at this point.
And up is down, eh? Again, you betray the nature of your sources and bias. That's a bit of a tangent from this topic here, though, so I'll refrain from pursuing it in this post.
