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    Home»Top Stories»Biden’s Energy Balancing Act – The New York Times
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    Biden’s Energy Balancing Act – The New York Times

    By Staff WriterFebruary 29, 20246 Mins Read
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    A junior White House economist made a chart last year — the sort of chart that previous presidents might have put in a campaign ad. It shows that U.S. energy production, from wind and solar to oil and gas, has boomed under President Biden. The nation is closer than ever to a goal that presidents have pursued for decades: true energy independence.

    The Times has recreated the chart, using the same data:

    The Biden administration has never published that chart. The president isn’t bragging about record oil and gas production.

    His reluctance highlights a political problem for him and other Democrats. Biden wants to phase out oil and gas eventually to fight global warming. But domestic oil and gas production is expanding on his watch. That brings political benefits: It helps reduce energy costs, and polls show Americans largely support it. But more drilling also means more pollution — and more fury from young progressive voters.

    “It is a tough balancing act,” said Ryan Cummings, the economist who created the energy chart. “You want to reduce emissions, but you need a bridge to get there.”

    Frack, baby, frack

    Republicans and fossil-fuel groups have accused Biden of waging “war” on American energy because he wants to halt America’s greenhouse gas emissions in a quarter century.

    But no president has overseen energy production like Biden has. He loves to talk about part of that story: how the United States is producing more power from renewables, including a surge in solar power accelerated by the climate law he signed in 2022.

    It’s the other half of the story he shies away from: the increased production of oil and natural gas.

    For decades, America’s oil wells seemed to be slowly drying up. The country’s daily oil production fell by half from the early 1970s to the 2008 financial crisis. Oil imports rose.

    Hydraulic fracturing — fracking, a process that allows drillers to access oil and gas reserves that were previously too expensive to tap — changed that. Production rebounded. It reached record highs when Donald Trump was president. The United States was suddenly selling more oil than any other country and exporting more than it imported.

    Under Biden’s watch, the U.S. broke that record last fall. The country also set records for natural gas output. In the first half of 2023, the United States was the world’s largest exporter of liquefied natural gas.

    Those developments have strengthened Biden’s hand in foreign policy: Europe has been able to replace much of the gas it once imported from Russia during the war in Ukraine. And oil prices have stayed relatively low, even as Saudi Arabia and other countries cut production to increase profits.

    The political bind

    But all that production has brought Biden grief from environmental groups, which successfully pushed America to join nearly 200 nations last year in agreeing to phase out fossil fuels.

    Climate activists are a key plank of Biden’s liberal base. So are young voters — and polls show that climate change is among the most important issues motivating them this year. Under pressure from those groups, Biden said last month that he would pause approval of new natural-gas export terminals.

    Demo

    But other Democrats, including a new Democratic polling group called Blueprint, have pushed Biden to tout record drilling. They say it will help him attract independent voters — the sort of people past candidates wooed with promises of energy independence.

    In one way, Biden has embraced the drilling boom: gasoline prices. He released oil from America’s strategic reserve around the invasion of Ukraine. He has since boasted that the move helped reduce gas prices that hit $5 a gallon in June 2022.

    In private conversations, Biden and his team can be frank. They say that keeping oil and gas flowing in the short term can ease the path to a no-emission energy future by shielding working-class consumers from high prices that might turn them against climate policies.

    Biden told me as much in 2021, when I asked at a news conference about the tension between his efforts to lower gas prices and emissions at the same time. He said it was important to keep gas prices down because they had a “profound impact” on working-class families.

    “So,” he added, “I don’t see anything inconsistent with that.”

    Related: Conservatives want the next Republican president to end restrictions on emissions and repeal Biden’s signature climate law.

    Ice cream, oils and drinks: So many products were once infused with the cannabis-derived compound CBD. Has its moment passed?

    Lives Lived: The outsider artist Melvin Way began his career in the basement of a notorious and violent New York City homeless shelter. Some of his drawings are now in the collections of the Museum of Modern Art and the Smithsonian American Art Museum. He died at 70.

    SPORTS

    College basketball: Caitlin Clark has broken the A.I.A.W. large school scoring record with a career total of 3,650.

    M.L.B.: The Dodgers pitcher Yoshinobu Yamamoto impressed in his first spring training appearance.

    College football: The new playoff system could change again in two years; officials are homing in on a 14-team bracket.

    A guide to Baldwin: James Baldwin wrote with grace across genres: essays, novels, short stories, songs, children’s literature, drama, poetry, even screenplays. The author Robert Jones Jr. has advice for those seeking an entry point. His picks include:

    • “Go Tell It on the Mountain,” a semi-autobiographical account of the Black American journey from the South to the North. “Nearly biblical in its tenor, it is a kind of gospel.”

    • “Sonny’s Blues,” a novel about two brothers in Harlem, a teacher and a jazz pianist. “Baldwin explains to us, in ways that are wholly astonishing, the nature of music itself.”

    • “The Devil Finds Work,” Baldwin’s most underrated book, an essay collection about his love affair with movies.

    Read more recommendations.

    More on culture

    THE MORNING RECOMMENDS …

    Thanks for spending part of your morning with The Times. See you tomorrow.

    P.S. Today’s print front page is the last to be drawn by Tom Bodkin, The Times’s chief creative officer, who is retiring after 46 years. Tom has regularly designed the paper’s front page over the decades, always by hand, using pencil on green paper. Here is today’s version:

    View original article here

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