The proxy war between the U.S. and Russia is devastating Ukraine, ironically in the name of saving Ukraine.
Biden’s Foreign Policy Is Sinking the Congressional Dems—and Ukraine
Tag: export bans
OPEC+ To Cut Oil Production By 2 Million Barrels Per Day
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”.
EU Ambassadors Agree On A Russian Oil Price Cap
European Union ambassadors reached an agreement on Wednesday to impose a new package of sanctions on Russia, including banning maritime transportation for Russian oil to third-party countries unless the oil is sold below or at a certain price cap.
EU Ambassadors Agree On A Russian Oil Price Cap
They sure are gluttons for punishment! 🤦🏼♀️