Posted on 10/08/2022 7:36:35 AM PDT by rktman
This week President Joe Biden suffered another embarrassing blow after OPEC announced a decision to cut oil production just weeks before the 2022 midterm elections. The move was made despite Biden's trip to Saudi Arabia over the summer where he begged for an increase in production. He was ignored. Now, because of Biden's war on domestic oil production and moratoriums on drilling, American energy can't fill the gap and prices at the pump are set to hit new record levels.
But while Biden grovels and fails to advance energy polices that benefit the American people, newly minted UK Prime Minister Liz Truss is ramping up domestic production to lower prices and bolster national security.
Last week Germany finally admitted they are in an "energy war" and that the looming winter could be extremely difficult thanks to self-inflicted reliance on Russian gas.
(Excerpt) Read more at townhall.com ...
If, oh, if only some leader had warned Europe about the dangers of relying on Russia for their energy needs. But where would one find such a prescient leader that could have foreseen such a terrible turn of events? Hmmm...
Biden cuts oil and gas production in the U.S. Big plus for the environment.
But only if OPEC makes up for those cuts since there is this thing in economics stalled DEMAND. Welcome to the real world, Joe.
Owwww! You said ‘prescient”. 😂😎✌
So the UK is going to work on the problem without begging foreign countries for help? Why didn’t we think of that?! /s
Das Energiekrieg!
Ve march to ze East.
These people in government whose entire careers has been in government service, one kind or another, have no concept of the real world. Budget is only a word, supply and demand is only in text books, etc.
March with what? Boots made in China? Factories that are shut down for lack of gas energy?
What sort of fools puts the prosperity and very survival in the hands of another country?…RATS and GERMANS…
They are no different than the academics and professors who are called "experts" and speak/write about their vast knowledge, which is detached from reality.
But none of that matters because none of them are held accountable by anyone. So it will continue.
The world oceans are going to vaporize into a cloud of steam, all because of Europes selfishness and wanting to be all warm and stuff.
What nonsense. Yes it has risen, but nowhere near that much. I call bullshit in the image.
Starting to see gas go up here in South Jersey from 3.35 to 3.53 in one day.
Wow, British pound about equal with US dollar. Wonder if she is on benefits?
They should call Greta, I'm sure she has all the answers.
So, I’ll do your homework for you. I could post 100 more of these, or you can check yourself.
Pubs closure warning: ‘My energy bill went to £35,000 from £13,000’
https://www.bbc.com/news/business-62688692
Last orders: UK pubs brace for mass closures as energy costs soar
One British pub says its annual energy bill is on course to more than quadruple to 65,000 pounds ($76,000) in 2022
https://www.rappler.com/business/britain-pubs-brace-mass-closures-energy-costs-soar-2022/
Britain’s pubs are threatened by ‘alarming’ rise in energy bills
The New York Times
By the beginning of October, she must renew her electricity contract, but the only price she can get is 118,000 pounds a year — up from at most 27,000 pounds, an unaffordable jump.
Well, if we decide to import Chinese rubber boots, we better hope they hold up better than those lousy tires China supplied to Russia which helped fail Putin attempt to take Kiev.
I hear there are plenty of Yorkshire lands worth fracking. UK young adventurous capitalists get to it!
“Well, if we decide to import Chinese rubber boots, we better hope they hold up better than those lousy tires China supplied to Russia which helped fail Putin attempt to take Kiev.”
Belorussian hackers also ruined the railway systems from Belorussian to supply Vlad’s attempted take over of Kiev. What a mess for Bad Vlad....From the beginning.
Keyword = lousy /// Kerch bridge hammered. This is only getting better.
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