Thursday, November 4, 2021

Biden Makes the U.S. Energy-Dependent Again; Says United States ‘On the Right Track’ Despite Record Inflation, High Gas Prices, and Shortages

Biden Makes the U.S. Energy-Dependent Again:
Begs OPEC for more oil as gas prices surge to a 7-year high.
President Biden was not done humiliating the United States with his disastrous withdrawal of all American troops from Afghanistan. Now he is literally begging Saudi Arabia and other OPEC cartel countries for more oil.
Gas prices at the pump are at a seven-year high. The average retail gasoline price is now more than one dollar per gallon higher than it was a year ago. Americans are feeling the pain every time they fill up their gas tanks.
During his softball CNN town hall on October 21st, Biden conceded that “we're about $3.30 a gallon most places now,” noting that the price had previously been “down in the single digits -- I mean single digits, a dollar-plus.”
What is Biden’s explanation for the incredible rise in gas prices over the last year? He blamed Americans’ plight on the supply of oil “being withheld by OPEC.”
Import petroleum prices have increased 70.5 percent from September 2020 to September 2021, according to the U.S. Bureau of Labor Statistics. There is no sign that this trend will be reversed anytime soon.
Thus, it is unsurprising that Biden admitted he doesn’t see gas prices coming down until “into next year, 2022,” at the earliest. “I don't see anything that's going to happen in the meantime that's going to significantly reduce gas prices,” Biden said.
What Biden did not say, of course, is that his own war on fossil fuels largely caused this problem. Biden turned the clock back to the time when the United States was dependent on Middle East oil -- before former President Donald Trump had managed to make the U.S. energy-independent. --->READ MORE HERE
Says United States ‘On the Right Track’ Despite Record Inflation, High Gas Prices, and Shortages:
President Joe Biden argued Tuesday the United States is “on the right track” under his leadership, during a campaign speech for former Gov. Terry McAuliffe in Virginia.
“We’re on the move but we’re on the right track, we’ve got more to do,” Biden boasted during his address, urging Virginians to support McAuliffe for governor.
The president ignored Americans struggling with increased inflation, high gas prices, and supply chain shortages, and promoted the free things he wanted to give Americans.
He argued Americans were enjoying increased household wealth, more manufacturing, and a high stock market.
“Take a look at the stock market now, it’s higher than it’s ever been,” Biden boasted. “I guess everything doing well!” --->READ MORE HERE
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