Biden’s Humiliation Means More Pain At The Pump. And Everywhere Else.
Gee. Looks like fist-bumping murderous men doesn’t make them like you.
Who knew, huh, Joe?
Yep, after humiliating himself in July by traveling to Saudi Arabia and exchanging fist bumps with Mohammed bin Salman - the man whom the CIA says ordered the 2018 execution and dismemberment of Washington Post journalist Jamal Khashoggi - that same ruthless Saudi prince just gave Biden a hand gesture of his own:.
The middle finger.
Despite groveling entreaties from the Biden Administration to keep oil production at current levels, OPEC defiantly voted to slash oil production not just by one million barrels a day as it threatened, but by two million.
The means that despite Joe Biden’s willingness to drain America’s strategic oil reserves in a desperate attempt to lower gas prices until the mid-term elections, the price at the pump is going to rise. And quickly.
So will the cost of everything else from food, clothing and appliances to construction supplies. And just wait till the U.S. is forced to replenish the strategic oil reserves at present-day prices. That’ll rock the economy. too.
This is what happens when you have a fool in the White House who’s willing to wreck the American economy to hold onto Congress in the midterms.
Biden, who fancies himself to be a foreign policy expert, showed once again that he’s as maladroit at foreign policy as he is at domestic policy.
This president is a shuffling, bumbling disaster and his reckless policies are causing real angst among retirees who are watching their life savings evaporate while young couples struggle to feed and house their families.
Biden’s economy is crushing most Americans and the best he can do is lecture us about “reducing our dependence on foreign oil.”
If you can get past the paywall, you need to read The Wall Street Journal’s scathing piece “The Saudis Snub Biden Again.”
The White House reacted in a statement on Wednesday—from national security adviser Jake Sullivan and economic adviser Brian Deese—by calling the production cuts “shortsighted.” The statement also said the decision is “a reminder of why it is so critical that the United States reduce its reliance on fossil fuels.”
Do these people know how preposterous they sound? No American President has done more to make the U.S. more dependent on foreign energy than Mr. Biden has in less than two years. He came into office promising to slash U.S. oil and gas production, and his regulators and the Democratic Congress are doing everything they can to make drilling difficult and investment non-economic.
There’s more.
The Biden White House has tried every gimmick to lower gas prices other than the one that would really matter: Call off its political and regulatory campaign against American oil and gas production. A statement from Mr. Biden to that effect would spur more production immediately in the Permian Basin and encourage new investment.
But the Administration won’t do it because it is too afraid of, or shares the beliefs of, the climate left that wants to ban fossil fuels. That’s the definition of “shortsighted,” and it leads to humiliations like the one Wednesday and higher prices for American families.
Almost as alarming as what’s about to rain down on American families, is that the real beneficiary of OPEC’s decision is Russia, which will now sell its oil at escalating prices, enabling Putin to use that windfall to help finance the war in Ukraine.
Everywhere you look in America you see the results of these policy disasters. All caused by our feckless president, his inane instincts and his craven political nature.
