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Alex Epstein @AlexEpstein
RT @GOPoversight: “In your opinion, do you think that was an appropriate use of the SPR?” -@RepRussellFry “It was wildly inappropriate be… — PolitiTweet.org
Alex Epstein @AlexEpstein
RT @tomselliott: .@AlexEpstein: Democrats wrong that "renewables" provide security to our energy supply since "the entire supply chain is d… — PolitiTweet.org
Alex Epstein @AlexEpstein
“Notice how insignificant the ‘97%’ refrain is… It tells us nothing about the change’s magnitude or danger. In fact, it’s consistent with mild, manageable, and economically beneficial change.” https://t.co/4Ttm5HXCbK — PolitiTweet.org
Alex Epstein @AlexEpstein
Get #FossilFuture: https://t.co/KvYDUsAy35 Watch the full interview with @PJENVTrucks on Nevada Newsmakers: https://t.co/izFGWFtEk2 — PolitiTweet.org
Alex Epstein @AlexEpstein
“The world needs far more energy. And yet, our number one talking point on energy is that we need to rapidly eliminate… the source of energy that provides 80% of our energy and is currently still growing, namely fossil fuel.” With @PJENVTrucks https://t.co/9LGUjErvoW — PolitiTweet.org
Alex Epstein @AlexEpstein
.@RepCori just tried to ambush me at this hearing by calling my writing “white supremacist”! Watch to see what happened next. — PolitiTweet.org
Alex Epstein @AlexEpstein
Here's the link to the live broadcast of the hearing “Burning the Midnight Oil: Why Depleting the SPR is Not a Solu… https://t.co/MTMJvKf6lW
Alex Epstein @AlexEpstein
Update: Hearing starts around 2:15 ET. Link below. — PolitiTweet.org
Alex Epstein @AlexEpstein
Here's the link to the live broadcast of the hearing “Burning the Midnight Oil: Why Depleting the SPR is Not a Solu… https://t.co/MTMJvKf6lW
Alex Epstein @AlexEpstein
"I've been reading this wonderful book by Alex Epstein. Trust me when I say that the book so far is a tour-de-force. It's so logical and based on first principles." - @jimmysong https://t.co/QmmVvrup16 — PolitiTweet.org
Alex Epstein @AlexEpstein
“A reliable grid is a foundation of our quality of life. Our lives depend on ultra-reliable electricity for the refrigerators that preserve our food,... the air conditioning that keeps us cool, the factories that produce our goods, etc.” https://t.co/ivwSzoT9tn — PolitiTweet.org
Alex Epstein @AlexEpstein
If you're new to my work, follow me @AlexEpstein for extreme clarity on energy, environmental, and climate issues from a humanist perspective. Also, subscribe to my newsletter, featuring lots of concise, powerful, well-referenced energy talking points. https://t.co/NS8O3mAu51 — PolitiTweet.org
Alex Epstein @AlexEpstein
Unfortunately, the Administration is 1) continuing its attacks on the oil industry's freedom, and 2) taking no responsibility for its abuse of the SPR. — PolitiTweet.org
Alex Epstein @AlexEpstein
The solutions to our crippled oil security are: 1. Focus on liberating the oil industry as much as possible, including withdrawing this administration’s many threats. 2. Commit to using the SPR responsibly, not politically. — PolitiTweet.org
Alex Epstein @AlexEpstein
To summarize: Instead of protecting our oil security by protecting oil industry freedom and backing it up with an ample reserve, President Biden has doubly damaged it by first attacking the oil industry's freedom, then dangerously depleting our reserve for political purposes. — PolitiTweet.org
Alex Epstein @AlexEpstein
A President’s discretion over the SPR gives them the grave responsibility to use their best judgment about when to deplete it—doing so only when that is, in their honest judgment, what is best for the country’s oil security. President Biden failed to uphold this responsibility. — PolitiTweet.org
Alex Epstein @AlexEpstein
Biden’s main goal in dangerously depleting the SPR has clearly been to lower gasoline prices to help his party’s election prospects—the same goal he had when he asked OPEC+ to delay production cuts for just one month so that subsequent price increases would happen post-election. https://t.co/3mXUNkPJAR — PolitiTweet.org
Alex Epstein @AlexEpstein
Since oil prices have gone down since Biden’s biggest SPR withdrawals, the Administration is bragging that they can profitably refill it. But even if they can, it doesn’t change the fact that the depletion was reckless, putting our oil security in jeopardy at a critical time. — PolitiTweet.org
Alex Epstein @AlexEpstein
The administration claims Putin's war is exactly the kind of “emergency” the SPR is designed for. Wrong. Putin's war is not an oil emergency that justifies depleting the SPR now; it is a potential oil emergency that justifies keeping the SPR as full as possible. — PolitiTweet.org
Alex Epstein @AlexEpstein
Even when full (at 714 million barrels), the SPR contains only 1/10th of US annual oil consumption (>7 billion barrels) and now (at 370M barrels) it contains 1/20th. This means less oil for real emergencies—such as wars, terrorist attacks or cyberattacks on US oil operations. — PolitiTweet.org
Alex Epstein @AlexEpstein
But instead of responding to artificially high oil prices, a consequence of anti-oil policies, with a reversal of those policies, Biden chose to keep his anti-oil policies but lower short-term prices by depleting our SPR—now down to its lowest level since the early 1980s. https://t.co/EI8KfMZhQN — PolitiTweet.org
Alex Epstein @AlexEpstein
The proper response by Biden to Europe’s and our vulnerability to Russia and to rising oil prices would have been: apologize for supporting anti-oil policies and lead a reversal of them to minimize further damage to our security and economy. — PolitiTweet.org
Alex Epstein @AlexEpstein
*How President Biden has further harmed oil security by abusing the SPR* The 638M barrels of oil in the SPR when Biden took office were supposed to be used for short-term, “emergency” “interruptions” such as “sabotage” or disaster. Instead they were used for political purposes. — PolitiTweet.org
Alex Epstein @AlexEpstein
To summarize: Instead of protecting the core of oil security, oil industry freedom, Joe Biden and other anti-fossil-fuel politicians around the world have gravely harmed it for over 15 years by restricting oil investment, production, refining, and transport. — PolitiTweet.org
Alex Epstein @AlexEpstein
More broadly, had Biden and other Democrats spent the last 4 years liberating US fossil fuel investment, production, and transport instead of restricting and threatening them, America would produce significantly more oil. — PolitiTweet.org
Alex Epstein @AlexEpstein
Biden also blames the Covid-19 pandemic for reducing oil supply. But supply would have recovered faster had Biden and others not spent 2020-2021 making supply-suppressing threats to the industry, such as Biden’s campaign promise:“I guarantee you, we’re going to end fossil fuel.” — PolitiTweet.org
Alex Epstein @AlexEpstein
Biden blames “Putin’s war” for today’s oil prices. But the root cause is global anti-fossil-fuel policies, supported by Biden—which made oil (and other fossil fuel) prices artificially high pre-war and prevented the free world from quickly increasing production in response. — PolitiTweet.org
Alex Epstein @AlexEpstein
When oil supply goes down and oil demand goes up, oil prices go up. And when oil prices are going up, the price of everything in our global, oil-based economy goes up. It’s really that simple. — PolitiTweet.org
Alex Epstein @AlexEpstein
*How Biden has harmed oil security by attacking the oil industry's freedom* For 15+ years, the global anti-fossil-fuel movement, with major leadership by Joe Biden, has artificially reduced the supply of oil by opposing oil investment, production, refining, and transport. — PolitiTweet.org
Alex Epstein @AlexEpstein
Instead of protecting our oil security by protecting oil industry freedom and backing it up with an ample reserve, President Biden has doubly damaged it by 1. Attacking the oil industry's freedom, then 2. Dangerously depleting our reserve for political purposes — PolitiTweet.org
Alex Epstein @AlexEpstein
The SPR is *only an aid to oil security*. The core of oil security is facilitating a reliable, affordable oil supply by protecting industry’s freedom to invest in, produce, refine, and transport oil. Without oil industry freedom, the SPR's modest stockpile can’t make us secure. — PolitiTweet.org
Alex Epstein @AlexEpstein
The purpose of the SPR is to aid the US in securing a reliable supply of oil and oil fuels by providing an “emergency” stockpile of up to 1/10th of US oil consumption—to be used during major “interruptions” of supply such as “sabotage” or disaster, then refilled after. https://t.co/mTKC9Rp6b4 — PolitiTweet.org