Posted on 10/05/2022 7:27:30 AM PDT by Erik Latranyi
This is a shocking decision by OPEC+, considering that the global economy is now fighting stagflation. Biden could have stopped this decision with one phone call to the Saudis, but he didn’t make that call. That’s a stunning decision by Biden considering the election that’s now about a month away. Why didn’t Biden stop this production cut? Good question, but again it looks like he’s listening to environmental extremists who want to push people into EVs as fast as possible all around the world.
That extra push through higher gasoline prices is completely unnecessary. EVs will win out in the end because electric motors are so much more efficient at converting energy into mechanical motion. That’s why EVs have such great acceleration. Most of the energy in gasoline is lost through heat generated by internal combustion engines and isn’t used to accelerate motor vehicles. So we don’t need this extra push from higher gasoline prices. The world is converting to EVs at a rapid pace already, and this oil production cut is just going to add to stagflation at the worst possible time.
Make that call to the Saudis, Joe, and ask them to roll back this production cut. You can get that done and announce it before 5 PM eastern time today, if you really want to help the American people.
Does this mean OPEC nations won’t pay Hillary & democrats et al $10,000 a minute for ‘speeches’?
The good news?
Biden and our politicians are NOT as corrupt as Ukrainian politicians and Biden is uniquely disliked.
Does this mean OPEC nations won’t pay Hillary & democrats et al $10,000 a minute for ‘speeches’?
The good news?
Biden and our politicians are NOT as corrupt as Ukrainian politicians and Biden is uniquely disliked. Which means Trump will be able to make better deals.
Curse you, Babylon Bee! You got me again!
Did the Saudis took the OPEC step to protest Biden's dangerous Iran deal? Asides from tactical financial aims.
I ask, as a typical American who is no fan of neither. Nor of any non-democracy for that matter.
Probably has a 2 speed PowerGlide in that Vette.
Food bank recipients are right up there with the 13/60 rule. Blacks are 13% of the population and are almost 50% off the folk getting food bank charity. Keep voting Democrat imbeciles. MORE BLACK LORD OF THE RINGS PLEASE. Feel included yet????
Well, fine, but I don’t know what that has to do with average income people really getting whacked by food inflation that for them is running around 30%.
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