High energy costs are taking the happy out of the holidays for many Americans and small businesses.

The price of a gallon of gas is up around 50% since President Biden took office. Skyrocketing utility bills are eroding small business profit margins and destroying household budgets. According to a recent survey by LendingTree, one-third of Americans forgo basic expenses to pay their energy bills. These costs are also dampening holiday spending.

The Biden administration’s war on traditional energy is a major cause of this energy cost crisis.

Biden has regulated and opposed every aspect of domestic fossil fuel energy production, from financing to exploration to operation and consumer use. On his first day in office, he stopped the Keystone XL Pipeline. He recently blocked access to hundreds of millions of barrels of oil in Alaska.