Wednesday, October 5, 2022

Election..

 

In 2021. It's Biden focused on climate change. No more drilling keddo, no more Fossil Fuel.

Six Months later with prices hitting the roof, the Biden's admin released 50 million Barrels of oil, followed by 180 Million Barrell release to lower prices. This didn't work.   

By then, the Biden's admin. put aside the hot topic of Global Warming, and looked to solve the massive inflation problems.  Then came the Russia/Ukraine war and enacted the Sanctions, after cancelling Nord Stream 2 pipeline. 

Prices, and inflation, exploded and Europe is facing major difficulties.  

 A visit to the Saudi asking to increase their oil production against the Saudi's better judgment  

The Opic + members announced production cuts by 2 million Barrels a day is an attempt to reverse the slide of oil prices from $120 to $80, despite rerepeated pressure from U.S. President Joe Biden’s administration for the group to pump more to lower fuel prices ahead of midterm elections next month.

Climate Change, or Cheap energy or the election?  Just a thought.

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