Joe Biden Will Help Oil prices to get to $90 per barrel in the 2nd half of 2022, Morgan Stanley says – January 14, 2022,
When Joe Biden beat Donald Trump in the 2022 election, one of his first actions as President was to show Americans and the world how different he was from Donald Trump, so he went on an executive order signing spree, now, if you look at all the executive orders Joe Biden signed it’s unlikely he read all of them, actually I’d argue it’s unlikely he read any of them.
As most people can observe, Joe Biden often has his speeches written for him, he also constantly refers to Kamala Harris as the President showing off how “Woke” he is to the plight of Women and Peoples of color. Anyway, long story short, a lot of us remember when Barack Obama said something like “don’t underestimate Joe Biden’s ability fuck things up” Some claim Obama is narcissistic, but the rest of us, based on 2021, agree with Obama.
Joe Biden appears to be a really stupid person, and dumb people tend to surround themselves with other dumb people, which explains why Joe Biden doesn’t appear to comprehend the economic consequences of tyrannical agenda. America was energy independent when Donald Trump was president, which is why gas prices were so low, if Joe Biden who claims to be capitalist understood capitalism, he’d know that COMPETITION lowers prices.
Instead, Joe Biden made the U.S economy uncompetitive and therefore OPEC once again has full control over the oil prices, now if Joe Biden were smart, even by his own logic, he could have simply raised taxes on oil producers, instead of regulating them out of business. Because as many people know oil companies enjoy tax breaks, but because Joe Biden was hell-bent on killing the goose that lays the golden eggs, Biden sided with OPEC political lobbyist.
I don’t even think Biden comprehends that OPEC was behind these climate change disinformation campaigns, I was a former environmentalist, I left, because I saw this stuff up-close, this was back in the Hermann Scheer days, it’s not like Donald Trump invented U.S energy independence, the writing was on the wall, the problem was that Washington prior to Donald Trump had OPEC lobbyists lobbying not only the United States but Canada, to stop stealing market share.
Then of course, as we know, Al Gore, global warming.., that whole schtick worked and OPEC found its mule, and here we are in 2022 and the price of oil is about to hit $90 but better than that, Now, OPEC doesn’t have to worry about higher oil prices leading to more North American competition. Because Joe Biden regulated U.S energy from even competing It goes to show you that lobbying does work, because, in this era, Western Populations are far more ignorant now than they were then. Now, climate change alarmists will do or say all sorts of idiotic things for OPEC, that they wouldn’t do or say in the early 2000s.
Now, climate change is “The Science”, but notice “The Science” only applies to Western Nations, anyway, get ready for more consumer price inflation in 2022
Interesting times ahead!