Each country is a "prisoner of its own geography," and that geography dictates what kind of resources it has. Whatever resources countries have, they are the most powerful weapons.
My view of the world through personal experience, travel in Europe and North America, research, and living 20 years under communism.
Friday, November 17, 2023
Russia's Gas and Oil Pipelines
Saturday, May 14, 2022
Why is Gas so High?
For those Americans who are foolishly claiming that the skyrocketing price of oil is Putin's fault, here is some news for you - it is entirely the Biden administration's fault. When he took office, gasoline was $1.69 a gallon in my town, it is now $4.55 per gallon while Diesel is $5.55 per gallon. We need plenty of affordable gasoline and Diesel to run our complex and very large economy.
He closed oil leases,
fracking, offshore drilling, and the XL pipeline which was delivering gas from
Canada. He did this on day one and the price of gas started to escalate
immediately. Crude oil is being transported by rail (powered with electricity
created with Diesel and coal) instead of the much cheaper pipelines which
crisscross our country from Alberta, Canada and other places.
It was Biden's plan all
along to destroy the fossil fuel industry in order to replace it with the
pie-in-the-sky green energy delivered by expensive, inadequate, and
insufficient solar and wind power.
The U.S. became
overnight an oil importer again instead of an oil exporter as it had been under
the Trump administration.
OPEC took advantage of
this situation of a weak and partisan president and refused to increase
production, thus further escalating the price of crude oil per barrel.
Speculators entered the
fray and affected the futures price as well on the Chicago Board of Trade. This often happens when the political climate is poor, people fear their incompetent government, and the future looks bleak.
The fact that Democrats
and some Republicans have voted to print dollars without any backing of goods
and services, creating high inflation, highest in forty years, and then
spending trillions of dollars we don't have, like drunken sailors, has devalued
our U.S. dollar which is the currency in which crude oil is priced and quoted
around the globe.
Supply and demand for
crude oil, gas, and Diesel are also out of whack due to the economic effects of
the lockdowns and other labor and economic decisions made by U.S. corrupt
politicians, further exacerbating the price increases.
One caller to the WMAL
station in Washington, D.C. area, stated on Friday that she has 7 children and
must fill up the van with gasoline every four days. Each time it cost $100.
This translates into $750 a month just for gasoline. Middle class Americans
must decide whether they eat, drive their cars, or pay their mortgages/rent.
This terrible economy is
entirely Biden's fault and the fault of those who voted for him and thus for
the destruction of our economy.
Your unwise vote is
putting most of the middle class in a poor house filled with shortages and high
inflation. The economic and energy situations are quite dire.