Monday, April 03, 2023
Gee, if only Biden hadn't shut down our own oil production...
Several OPEC+ members are set to tighten global production by an additional 1.16 million barrels per day until the end of the year, further burdening central bank efforts to curtail global inflation — but critically protecting the alliance’s broader output strategy from political pressures.
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Let’s go Brandon! I was wondering when the Saudis were going to lead OPEC to cut production when Biden cut production on our end so they could get the monopoly price. And the answer is when Biden can’t tap into the national emergency reserves (which should be for military use only) anymore because he depleted them. Sit tight for $150/bbl crude and $5/gal gasoline.
ReplyDeleteHe still gets 10%
DeleteHigh test in Arizona is nearing 6 bucks. FJB
DeleteIf you were evil enough to plan the financial death of the energy system and the first world societies. Would you do anything different?
ReplyDeleteJust a reminder that every shortage of oil is because of the artificial restriction of output.
ReplyDeleteNothing like letting a bunch of wealthy Arabs dictate the course of the world.
Diesel was 3.55 yesterdayz 4.26 this afternoon. Lets Go Brandon!
ReplyDeleteI filled up my truck last week... diesel was $5.35 in California
ReplyDeleteIt's the end of the American Petrodollar and as the worlds reserve currency that will be the death blow to the American Economy. It's almost inevitable now.
ReplyDeleteSO, if nobody is using those pumps.........?
ReplyDeleteBiden should be prosecuted for treason.
ReplyDeleteBiden hasn't shut down production from oil wells on private property. A friend of mine has 2 producing wells on his property and they are negotiating for a third. He' making hat he calls "crazy money".
ReplyDelete