Skip Navigation

Reading the screeching of right-wing oil ghouls slamming Biden is the usual mix of entertainment and terror.

NOPEC Bill Won’t Bring Oil Prices Down | OilPrice.com

The Biden Administration’s efforts to keep OPEC+ from cutting production once again have failed, and despite the anger in Washington, a NOPEC bill might not be productive for the U.S.

Not sure how long we have until Biden pivots towards the OILagarchs (sorry) but the fact that US troops are apparently being pulled out of the kingdom is like a dream come true. We truly live in a time of qualitative change. The world is shifting polarity faster than the US can keep up. These maneuvers by OPEC+ are such a game changer because it softens the benefits that the US is getting from the situation in Europe. Anything that infuriates the US like this has to be worth paying attention to anyway.

Comments

2