
JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
Read More »By Herman Tiu Laurel
“What happens when an unstoppable force meets an immovable object?” The question is appropriate when applied to the South China Sea contentions (the term “dispute” is already too loaded).
What happens when an unstoppable force meets an immovable object?
OPEC+ To Cut Oil Production By 2 Million Barrels Per Day
The specter of OPEC+ even considering such a large cut as global oil supplies are tight has sent the Biden Administration reeling. White House spokesman John Kirby on Wednesday said that the United States needed to be less dependent on OPEC+ and other foreign producers of oil. The White House was reportedly in a panic leading up to the meeting, trying to prevent OPEC+ from taking such a “hostile act”. In the runup to the meeting, the White House unleashed Amos Hochstein, Janet Yellen, and Brett McGurk to plead its case with the Gulf Nations. Evidence suggests the move had zero effect.
Related:
White House Disappointed With OPEC’s ‘Shortsighted’ Decision
In the meantime, the American Petroleum Institute (API) has criticized the administration’s energy policies, saying that dependence on OPEC and other foreign countries for our energy is a “choice”.
If you ditch their narrative just to fall for their counter-narrative, you’re not waking up, you’re barely changing bed side.
The real Giorgia Meloni is nothing like on TV
But it’s time to snooze off now.
Related:
You must be logged in to post a comment.