Biden's Russia-Ukraine bluff

 Fox News:

Biden voices 'deep concerns' with Putin on Russian aggression against Ukraine
Biden 'made clear that the U.S. and our Allies would respond with strong economic and other measures in the event of military escalation,' WH says
The fact is that Biden's energy policy has strengthened Russia driving up the price of oil and approving a Russian pipeline to get gas to Germany.  See, also:
Biden favors Putin’s Russia, OPEC over US energy producers 
Oil has gained over 43% YTD despite falling into bear market
...

Putin has gradually been exercising his dominance, with the help of the United States, over the global petroleum market and possibly empowering the Russian leader to invade Ukraine.

Last week, the Biden administration sent diplomats to the OPEC Plus countries to try to smooth over relations with the cartel after Biden blamed it for inflation and rising energy costs. The cartel rightly fired back and suggested that America could increase production on our own shores if it wanted to.
...
The strategic blunder, considered a short-term panacea, created a situation where OPEC Plus and Russia was tempted to respond with a production cut war with the United States. It was a war that we would lose because there is not enough oil in our strategic petroleum reserve to compete with OPEC if it decided to take millions of barrels of production off the market.
...

The cartel is obviously smarter than Biden but that is a low bar.  Texas stands ready to increase production as to other states where Biden is actually blocking production.  He has been deliberately driving up the price in hopes that it would make it easier for him and the Democrats to sell their crappy Green New Deal.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more

Bin Laden's concern about Zarqawi's remains

James Robbins: ... Bin Laden suggests that President Bush should allow Zarqawi’s body to be returned to his family in Jordan, but this is a matter that is up to the Jordanian government, which so far has not shown much interest in facilitating a homecoming. Bin Laden mocks King Abdullah II, calling him a Coalition minion, and asking “w hat scares you about Abu Musab after he’s dead? You know that his funeral, if allowed to happen, would be a huge funeral showing the extent of sympathy with the mujahedin.” A large crowd would definitely turn out, though most people would be on hand to demonstrate their anger and disgust. Last November’s hotel bombings in Amman , masterminded by Zarqawi, are still fresh in people’s memory, and mentioning them to Jordanians has the same visceral impact as memory of the 9/11 attacks does here. Jordan has adopted a zero-tolerance policy towards those who choose to mourn the country’s least favorite son, and four opposition members of parliament who paid con
Read more