As if prices aren’t high enough already, OPEC (Organization of Petroleum Exporting Countries) announced at its annual meeting that they will continue current production cuts (5.8 million barrels per day total) through September, thereafter to 3.66 million barrels daily.
Articles tagged as
OPEC
How Do You Ask a Pariah for Help
Joe Biden took off this morning on Air Force One for a week-long trip to Saudi Arabia. Two things were evident as he climbed the steps. Hunter Biden was not along for the ride, so Joe would have to squeeze money from the Saudis himself, and Joe was going to a country to meet with … Read more
Joe’s Bottomless “Box” of Disposable “Tools”
Barry Obama liked to talk about “From Day One.” It reminded me of the Amazon Prime take on The Man in the High Castle. The NWO in Nazi-Controlled America was Day One. And, not-so-strange coincidence, Joe Biden’s been a train wreck from Day One.
Politicians Claim Lower Oil Prices Are Bad
The price of U.S. oil is dropping. It stands at an 18-year low. Demand continues to decline as the world’s economy grinds to a halt. Much of the world is in lockdown.
Russia Tells OPEC and its Production Cuts to Piss Off – Oil Prices Plunge 30%
Russia has (apparently) grown weary of the US controlling the global oil and gas trade. Growing its market share and using its newfound energy independence as geopolitical leverage. All the fracking! Moving in on Europe. Into Russia’s backyard. Well, Putin has had enough.
Can You Imagine A World Without OPEC Manipulating Oil Prices? Yes, You Can!
For years the mantra for the progressives on both sides was we can’t drill our way out. But we did. And then some. US Oil and natural gas production aren’t just fueling our economy with stable energy prices, it is changing the politics of oil. And even OPEC is starting to notice.
Iranian Proxy Damages Saudi Oil Production
The Saudi oil company Aramco was hit with drone strikes Saturday according to a Fox report. The drone strikes led to a fire at the world’s largest oil processing facility. That facility is near an oil field also operated by the company. Short term damage Roughly 5% of the world’s oil supply was disrupted. The … Read more
And Just Like That Democrats Abandoned Their Narrative on Gas Prices
Just over a month ago (right before a Monday Holiday travel weekend), the left was freaking out over the price of a gallon of gas. It was rising, and a Democrat wasn’t president—fuel for political propaganda.
Hpocrisy of the Left – yet another example
Nothing more needs to be said. (H/T: Troglopundit)