Posted on 11/16/2021 10:29:54 AM PST by SeekAndFind
Fuel prices are one of the major causes of the Biden inflation surge that is reducing the spending power of Americans. The price of crude oil has surged 104% over the past year, and gasoline prices have increased by over 60%. This means that people are not only paying more for their personal fuel needs, but also for other items they need to buy that require energy to manufacture and/or transport—which is basically everything.
The Biden Administration has been begging OPEC+ nations to up their oil production, hoping they will increase the market supply and lower prices. But the oil-producing cartel has rebuffed their pleas, choosing instead to stick to its own schedule and delay output increases until December.
“OPEC+ seems unwilling to use the capacity and power it has now at this critical moment of global recovery for countries around the world,” stated a National Security Council spokesperson to FOX Business.
How cruel! Can you imagine having the ability to relieve the inflation and economic pain being suffered by millions of people, yet refusing to use your power to help? What heartless governing body would do such a thing?
If you guessed the Biden Administration, you win a cigar!
“The Department of Interior will initiate a review of a rule banning new oil and gas development within a 10-mile radius near the Chaco Culture National Historical Park over the next two decades,” reports the Daily Caller. “The decision was made after Pueblos and other Native American tribes in Arizona and New Mexico made objections to drilling that they said encroached upon sacred and cultural sites in the area.”
Other helpful Biden administration energy policies include moving to shut down a pipeline to the St. Louis region just as cold winter weather settles in,
(Excerpt) Read more at pjmedia.com ...
And he raised the chocolate ration to 20 grams!..................
The communist totalitarian marxists are intent on destroying the country.
The Babylon Bee has some serious competition these days.
Face it, he won’t be happy until he has gas prices around
$12 - $15 dollars a gallon.
You liar!
The chocolate ration is 30 grammes!!!
/sarc
When Biden killed the Keystone Pipeline, every economist on the planet predicted this. It was partial payment for Warren Buffet’s support during the election. (He has the only rail line between the ND oil fields and the refineries in the Mississippi Delta.) Now Dufus is asking OPEC and domestic oil companies to play nice. Kinda seems like the Menendez brothers asking for the mercy of the court because they are orphans.
This is symbolic at best. There are about 30 active wells and no permits in this land. There are several thousand just outside the radius described. It’s meaningless to energy supply, but probably a big deal to lefties. The actual implication may be that it’s a sign they know their policies are terrible, can’t backtrack on the worst ones (pipelines), and have to throw these little meaningless bones to the left.
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