Tuesday, June 6, 2023

Decisions..

 

Member countries of OPEC  are considering further cuts to oil production that could send oil prices soaring. 

The cuts have drawn criticism from the Biden administration and Western allies, arguing that OPEC policies have sent energy prices soaring and that they have taken the side of Russia amid its ongoing invasion of Ukraine.

 Meanwhile, OPEC+ countries say Western money-printing over the last decade is driving inflation and forcing measures to protect their most valuable export.

The US and allies sanctioned Russia and stoped purchases of Russian oil.

Biden promised "No Fossil Fuel" 2 years ago..., The inflation and shortage of food worldwide followed. 

Do these leaders know what their decisions mean?

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