Economic War
Somehow, I think the Biden Junta is just beginning.
Have you all noticed that rarely if ever is biden shown in the Oval Office?
But instead of producing our own, we’ll buy from the Saudis. We need to become energy independent.
Putin has already said he considers this an act of war
Biden causing global catastrophe when no one else will
This administration and the Left are leading us to destruction.
Bad things tend to happen when phony elections happen followed by seizing power under military guard.
The US oil companies that were importing Russian oil already switched out over a week ago and replaced that supply from other energy producing nations. Biden is a day late and a dollar short with his ban which he is now doing for political optics. Unfortunately, he was looking to replace that Russian oil with Venezuelan oil, anything but Canadian oil or, heaven forbid, oil fracked in the US. In his little mind, our enemies make safer oil than we do.
Without allowing the XL Pipeline I see gas going to $8.00. They really want you to buy an electric car
I’m really growing tired of this guy.
The epitaph on Biden’s tombstone should be the quote from Obama “Never underestimate Joe’s ability to f#^& things up!”
So, for all you researchers out there, what portion of a gallon of gas the typical Texan burns is Russian? In ounces please. Just askin.
Crude oil is a very fungible product that can be moved from almost any place in the world to almost every place in the world.
If the USA stops importing Russian crude oil, that oil will find a new home someplace else in the world.
If Biden does ban the import of Russian crude oil to the USA, this is nothing more than ‘rearranging the deck chairs on the Titanic’.
Russia will probably just sell it through a 3rd party anyway so it will just cost everyone more.
This ship of fools have put us in a ditch I don’t think I’ll ever see us get out of. This declaration by the droolilng emperor comes after putin already said he plans to stop deliveries just in the last two days.
I suffered through just over a minute of this:
https://www.youtube.com/watch?v=HlTxGHn4sH4
“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”
What we see is a continuation by the administration team all clamoring to do what they didn’t get done with obama.
Same plan, new method, sky rocketing energy costs and by that sky rocketing costs for everything else.
Oil must be displaced to new markets. Russia will market somewhere. Probably china which drives china and russia into each other’s arms even more. It will not happen over night and until supplies are rebalanced we are in for some terrible times. Very terrible.
It’s all about hastening the adaptation of EVs, never let a crisis go to waste.