https://www.wsj.com/articles/oil-pr...h-on-rising-geopolitical-tensions-11642507485 HYPERLINK has full article snip Crude prices rose to their highest level since the 2014 shale-induced oil crash, a milestone in a rally that is gathering momentum as geopolitical tensions threaten to knock supply. Futures for West Texas Intermediate, the main grade of U.S. crude, added $1.61 per barrel, or 1.9%, to $85.43 on Tuesday. That marks the highest closing level since October 2014, end snip hmmm, just imagine if the USA was energy independent. But wait https://www.ogj.com/general-interes...s-action-on-a-host-of-oil-and-gas-regulations https://www.npr.org/sections/presid...il-and-gas-leasing-on-public-lands-and-waters yup, oil and gas were immediate targets of this administration and thus, we all feel the pain Democrat voters brought this upon us
Lol from the OPs link Ebbing concerns over the Omicron variant and tensions in Europe and the Middle East are helping to drive the rally
There's also huge concerns that Biden's lack of a promised cure for cancer is causing major issues across the globe!
Weakness (see Biden) breeds higher tensions. We didn't have this when Reagan and Bush1 were running things.
Same with Trump. Now the Russians, Norks, China, Iran, cartels, and terror groups are getting uppity.
I was actually excited for this to be on the list. It’s as if the media completely forgot he promised that.
I'm nearby and I'm seeing them. On occasion I will see one that's mostly scratched off which makes me laugh because it triggered a lefty.
I'm sure Biden is putting some pressure on domestic oil companies to increase production ya? Oh wait...he tried. This was in November. https://www.msn.com/en-us/news/politics/on-the-money-—-biden-puts-oil-industry-on-notice/ar-AAQPD6B LOL. Gues they could give two shits about Biden's "notice". What's he gonna do? Give them billions in military equipment?
oh you best better believe that Biden will writing a strongly worded letter to domestic oil companies!
~ Some will not believe but where I live in Los Angeles gasoline was $3.50 gal when Trump was running things. Some areas it was $2.99 ... '
Maybe Biden should show strength and start a nice little shock and awe war, like GWB did, pushing the oil price to >$140 per barrel? I am sure you complained as loudly back then, did you?
I guess this is Biden "winning".. or at least getting the job he was paid to do done.... What a grifter.
US Oil companies LOVE higher prices, because their profits are going through the roof. Its too bad US oil is not so well suited into making gasoline, so we still need to import (and we always did).
Good lord, now we're going back to GWB. This disaster is thanks to Democrat votes, plain and simple Democrat voters did this
They set the global oil price? How do they do that? Are you in business of buying oil by the barrel, or is there some other reason you cry about this?
Did you vote for GWB and his wars or not? Yes or no? Also, if you just want to attribute blame: I think the Trump voters are responsible for the oil price hike, because they tend to drive gas guzzlers and care less for conserving energy use, thus raising demand for gas and, thus oil, in turn leading to an increase oil price. There, disprove the claim. In reality, the world oil price is set by WORLDWIDE demand, as well as WORLDWIDE political issues, just as the Ukraine crisis. What do you want Biden do to fix this? Invade Russia?