Thursday, October 6, 2022

Up-Down..

 


The White House condemned the OPEC+ decision and said in a joint statement released  that Biden was "disappointed by the shortsighted decision by OPEC+ to cut oil production by 2 million barrel a day.

Earlier
Biden “I Guarantee You We're Going To End Fossil Fuels” - 

Oil prices began an upward trend during Biden's first days in office, after he used executive orders to cancel the Keystone XL pipeline and paused oil and gas leases on federal lands.

The problem here is the November election next month.

 The Biden's administration has been all over the map when it comes to oil. Want to end it, then want more of it. Want to save the Earth today, but wants the power of cheap gas. Wants more to sell to Europe, and wants less from the Russians, Wants to ride popularity contest with Climate Change, Green world, but eying the Election in November.  We want Power, not Policy.  Just a thought.


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