President Biden is now eager to blame inflation — which continues to accelerate — on Vladimir Putin’s invasion of Ukraine and the right and proper sanctions the US has slammed on Russia. In trying to foist the blame for inflation onto Putin, Biden has gone not one, but many bridges too far.

 

But when the president tries — brazenly and repeatedly — to argue that pump prices are Putin’s fault, he loses ground with the American public, and he doesn’t have a lot of ground to lose.


killing the Keystone XL pipeline was the sort of sonic-boom signal the oil market hears and reacts to. That was a Day 1 priority for Biden. Once he canceled it, the global market for oil guessed that less petroleum would be forthcoming from North America. Markets are forward-looking. Telegraph a tightening of production and prices go up. 


It's unimaginable decision.   just a thought.