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Thread: good news for biden from OPEC

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    good news for biden from OPEC

    https://www.foxbusiness.com/politics...-analysts-warn Its a shame we do not have our own oil to pump as we did under the TRUMP administration.Americans should prepare for gas prices to keep rising, analysts warn

    OPEC 'threw a bucket of cold water' on the idea of lower gas prices, a petroleum analyst told FOX Business


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    How is that good news for Joe?
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by DGUtley View Post
    How is that good news for Joe?
    joe wants us on foot..............easier to control
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
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    Igitur qui desiderat pacem, praeparet bellum

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    Shut up and buy an EV...Just don't charge it. We forgot to upgrade the grid.



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    How can prices be expected to go down when the West declared war on fossil fuels?
    ΜOΛΩΝ ΛΑΒΕ


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    Quote Originally Posted by dgutley View Post
    how is that good news for joe?
    sarcasm its not good news for any of us and will help republicans in the mid-terms which is good news.

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    Could this move by OPEC be designed to hurt the Dems in November?

    October surprise? Why OPEC's planned price hike could pummel Democrats


    The midterm elections are weeks away and OPEC+ is threatening to cut oil production. That’s not good news for you, the consumer; it’s also not good news for President Joe Biden and his fellow Democrats.


    Biden’s bump up in the polls over the past few months tracked declining gasoline prices. For nearly 100 days, gas prices went down. They peaked at a record high of more than $5 per gallon in June and reached a low of $3.67. Now, at $3.80, they have begun to head back up.

    ***

    Unhappily for Democrats (and all Americans) OPEC+ is meeting this week and is reportedly set to cut oil production more than one million barrels per day in order to boost prices. If OPEC+ follows through on what the Wall Street Journal describes as its "most drastic reduction of production since the pandemic", it will offset Biden’s SPR withdrawals and push oil prices higher.
    Last edited by Peter1469; 10-05-2022 at 06:52 AM.
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    We were so much better off under DJT.

    Bite Me is a walking disaster.

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    Quote Originally Posted by Section31 View Post
    We were so much better off under DJT.

    Bite Me is a walking disaster.
    the fools that control him have pushed into a war we cannot win, this time, there are nukes involved
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
    - Thucydides

    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
    Igitur qui desiderat pacem, praeparet bellum

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    https://www.foxbusiness.com/markets/...arrels-per-dayThe OPEC+ decision could also spell trouble for the White House as midterm elections loom. I never thought I would thank OPEC for anything. NEVER THINK NEVER.OPEC+ ministers agree to cut production by 2M barrels per day

    OPEC+ nations like Saudi Arabia and Russia cut oil production MARKETSOVER A BARREL:OPEC ignores Biden's pleas, oil prices expected to surge after production cut

    Last edited by montana; 10-05-2022 at 10:48 AM.

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