In a move that clearly shows America’s leading proponent of electric vehicles (EVs) has his priorities straight, Tesla CEO Elon Musk urges the government to increase gas and oil production immediately.
“Hate to say it, but we need to increase oil and gas output immediately,” Musk tweeted before adding, “Extraordinary times demand extraordinary measures.”
Musk acknowledged that the apparent result of expanding fuel production is not what’s best for Tesla, but “sustainable energy solutions” cannot be implemented fast enough to replace Russian oil and gas imports.
In other words, recognizing the greater good at the expense of short-term pain. It is the essence of leadership qualities thrust in the global spotlight by the courageous actions of Ukrainian President Volodymyr Zelenskyy.
And while assuredly not equating Musk’s call for restoring US energy production with Zelenskyy’s desperate fight for survival, selfless leadership in a time of crisis is an admirable trait that should not be dismissed lightly.
Especially when the Biden administration has displayed such a laughable contrast in style, look no further than Transportation Secretary Pete Buttigieg, who gave a memorable response when asked about the administration’s options concerning the Russian invasion of Ukraine and skyrocketing oil prices.
“All options are on the table.”
Among those options, a deal with a notorious state sponsor of terrorism and nuclear power aspirant Iran, whose national anthem is apparently “Death to America.”
As Tesla and SpaceX founder Elon Musk is well aware, the US is sitting on the solution to high energy prices and not doing anything about it. Instead of reversing course and turning the spigots back on, the administration is more inclined to hold the country’s hat out to Iran.
As recently as 2019, the US became a net energy exporter for the first time since Eisenhower was in office in 1952. But Biden’s war on US oil production, including canceling the Keystone Pipeline and pausing new domestic gas and oil leases, has only hurt production and put the country in a worsening security position as it tries to react to Russian aggression.
A pair of senators have introduced a bipartisan bill, Democrat Joe Manchin of West Virginia and Republican Lisa Murkowski of Alaska, to ban US imports, which amount to about 3% of the country’s total. These are not calls for a complete embargo of Russian energy exports, which would cause severe economic damage to Europe.
Unlike the US, Europe depends heavily on energy supplies from its eastern neighbor.
If this ban is realized, its value will be mostly symbolic for the US and Russia, which is not valid for sweeping sanctions on Russian oil.