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Biden's 'unthinkable' options for punishing OPEC: Democrats and the White House are vowing a response to OPEC's production cut...
pollutico ^
| 10/07/2022 12:22 PM EDT
| BEN LEFEBVRE and JOSH SIEGEL
Posted on 10/07/2022 7:09:06 PM PDT by BenLurkin
White House and congressional leaders are eyeing several responses to protect U.S. consumers, ranging from an effort to wrest market control away from OPEC, limiting U.S. companies’ energy exports, and easing sanctions on unfriendly oil-producing nations — each of which carries serious potential downsides for American interests.
For now, the White House is pledging to work with Congress on a bill to allow the U.S. to sue oil cartels for antitrust violations...
The so-called NOPEC bill — No Oil Producing and Exporting Cartels — would change antitrust laws to allow the Justice Department to sue nations that restrain trade in oil, natural gas or any petroleum product.
Some Republicans scoffed at Biden’s vow to consult with Congress on the OPEC response, saying Democrats need to show a willingness to increase drilling at home.
(Excerpt) Read more at politico.com ...
TOPICS: Business/Economy
KEYWORDS: benlefebvre; diaperjoestartsww3; joshsiegel; opec
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To: BenLurkin
Never fear, Biden will eff it up. He’s never done anything right.
21
posted on
10/07/2022 7:28:28 PM PDT
by
ConservativeInPA
( Scratch a leftist and you'll find a fascist )
To: BenLurkin
These people are insane.
L
22
posted on
10/07/2022 7:30:04 PM PDT
by
Lurker
(Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
To: BenLurkin
The guy has full blown dementia. He's blames OPEC+ when it is Biden himself who stopped oil exploration, fracking, and turned off natural gas wells in the United States of America. The only bulb dimmer is the one discarded in the trash bin.
23
posted on
10/07/2022 7:31:39 PM PDT
by
Governor Dinwiddie
(LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
To: BenLurkin
24
posted on
10/07/2022 7:32:25 PM PDT
by
CJ Wolf
( what is scarier than offensive words? Not being able to say them. )
To: BenLurkin
“The people that are actually in charge at the White House are power-mad lunatics.”
Over and above being childishly vindictive, empty-headed idiots.
To: Lurker
Well, there is insane
Then there is power hungry lunatics bent on destruction of the west as we know it,
And these are just the top of the list, that gets worse and worse further down, and some of these a holes are down there at #32.
26
posted on
10/07/2022 7:35:06 PM PDT
by
going hot
(Happiness is a Momma Deuce)
To: BenLurkin; All
I guess Russia isn’t as isolated as once thought. Punishing partners for not following your command is likely to over very well. I wonder what they’ll screw up next.
To: ClearCase_guy; All
Saudis should have said they need to cut production to meet their Paris agreement.
To: ealgeone
LOL! Thanks for that.
29
posted on
10/07/2022 7:42:12 PM PDT
by
Governor Dinwiddie
(LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
To: BenLurkin
He is living a fantasy to think that he can do anything without pumping more oil.
30
posted on
10/07/2022 7:45:51 PM PDT
by
dila813
To: BenLurkin
31
posted on
10/07/2022 7:51:48 PM PDT
by
Sparticus
(Primary the Tuesday group!)
To: BenLurkin
If there are 10 possible alternative solutions to a problem, 1 good, 7 mixed, 1 bad, and 1 catastrophic; Biden will make the catastrophic choice 100% of the time.
32
posted on
10/07/2022 7:54:10 PM PDT
by
Flick Lives
(FJB and the corrupt FBI)
To: TornadoAlley3
The real thing is worse than the movies. Idiocracy.
—
It’s Idiocracy, but without the humor. Sort of Idiocracy meets 1984.
33
posted on
10/07/2022 7:56:09 PM PDT
by
Flick Lives
(FJB and the corrupt FBI)
To: BenLurkin
Shortly the nations of the world would sue the US for its manipulation of the dollar. The US, as the emitter of all dollars (the primary world reserve currency), is already a monopoly in that respect. Opening the doors to sue OPEC will surely imperil the US.
34
posted on
10/07/2022 7:59:07 PM PDT
by
Sgt_Schultze
(When your business model depends on slave labor, you're always going to need more slaves)
To: Governor Dinwiddie
It sums it up doesn’t it!
35
posted on
10/07/2022 8:00:56 PM PDT
by
ealgeone
To: BenLurkin
Biden should ride the bomb . . .
36
posted on
10/07/2022 8:01:53 PM PDT
by
jonrick46
(Leftnicks chase illusions of motherships at the end of the pier.)
To: BenLurkin
Why in the HELL don’t we just DRILL here, produce here, open pipelines here, tell environazis to pound sand, and then NEVER have to worry about OPEC again???
Is it too hard for Biden to say he was WRONG?
And how about you, America? Is it too hard to say you were WRONG for dumping Trump?
37
posted on
10/07/2022 8:07:32 PM PDT
by
Alas Babylon!
(Rush, we're missing your take on all of this!)
To: TornadoAlley3
More like Jackass.
38
posted on
10/07/2022 8:13:18 PM PDT
by
Alas Babylon!
(Rush, we're missing your take on all of this!)
To: dinodino
Our communist masters are on tight schedule...
They have simply been following the strategies and plans laid out in late November 2016...
Here are some of the communists' successes:
- With the WH essentially being directly controlled by the man behind the scenes, Hussein Obama, we have, once again, a 3rd term president...
- The borders are now completely open...
- The taxes have just been increased...
- Our natural resources have been almost totally shut down...
- A presidential election was stolen in broad daylight and the sheeple did nothing...
- Dollars are being printed at a rate previously though impossible...
- Free speech has been totally outlawed...
- Our military is wearing pink panties with ruffles now...
- Hundreds of billions of taxpayer dollars have been given to worldwide raghead terrorists...
- Gasoline prices are being used to control the serfs' travel and mobility...
- New cars, in 2 years, will have given the government control of when the automobile engine runs...
- Crime & violence is higher than that in Mogadishu...
- Thought crimes are punished routinely...
- Trump, his family, his employees, and his supporters are under attack daily...
Soon to come:
- Trump and his family will be arrested and jailed...
- The sheeple will whine and simper, but do nothing...
- 20-25 million MIV votes and 25-30 million Soros-Bezos votes will guarantee a 90% communist vote count for the 2024 & beyond, elections...
- Intentional and fake pandemics will be expanded for use in further control of the serfs...
- The supreme court will be expanded to generate a permanent communist majority...
- Travel papers will be required within 3-years to cross state lines...
- Guns will be taxed so highly that the 87,000 new IRS Obama Police will be kept busy confiscating all weapons
- Summary curbside executions, a staple of all communist tyrannies, will become frequent for thought crimes and environmental crimes...
To: BenLurkin
Karma bites!
The US was oil independent when this bunch took office.
In less than 2 years, Biden is on his knees begging OPEC and Venezuela for oil. He is emptying the strategic oil reserve as fast as he can.
Incompetence mixed with stupidity is a combination for disaster. Biden has proved that the job of president is too big for ‘poopy pants’.
40
posted on
10/07/2022 8:16:40 PM PDT
by
TomGuy
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