Wednesday, November 17, 2021

New Climate...

 


In order to look good the Administration went all out on the oil drilling, and the pipe line with Canada under the theory of combating "Climate Change." 

As a result, there is not enough energy to this country and others mainly Europe. Prices of oil skyrocketed three fold than what it was just last year. 
To counter act this misguided decision, and to save face, the President of the United States asked the Russians and the Saudi Arabians to boost their oil and gas production.

If Russia and the Saudis pump more oil or gas, the prices will become lower and their profits will be less caused by themselves.

The Biden's administration gave OPEC a great Gift of wealth and they didn't have to ask for it. It is a gift for this four years.

In the meantime, all services associated with oil and gas, will have to increase dramatically. Home heating's oil and gas, transportation of food and products, Driving cars or trucks etc.

Its our decision to cause taxing the poor who will get less on every subject due to this inflation. It is not a rocket science. Just a "High Price" thought.


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