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Oil Price Increases After Biden Shuts Down Drilling Permits Again

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Talking heads are saying Biden wants to declare a climate emergency in the next couple of days with a flurry of essentially meaningless executive orders in an attempt to end run Congress and Manchin. What do think this is about other than the central planning aspects? I can't find any references to what they are talking about? :unsure:
 
Talking heads are saying Biden wants to declare a climate emergency in the next couple of days with a flurry of essentially meaningless executive orders in an attempt to end run Congress and Manchin. What do think this is about other than the central planning aspects? I can't find any references to what they are talking about? :unsure:
Some say he is being advised to take over Temp Nationalization of oil companies under environmental and war powers type of acts. I doubt he is this loony but I- have no doubts he has people in his cabinet that are this insane. After watching a year and a half of this guy I no longer will ever agin Underestimate how stupid and dangerious this man really is.
 
Some say he is being advised to take over Temp Nationalization of oil companies under environmental and war powers type of acts. I doubt he is this loony but I- have no doubts he has people in his cabinet that are this insane. After watching a year and a half of this guy I no longer will ever agin Underestimate how stupid and dangerious this man really is.
Bizarre-O-Rama
 
Bought gasoline for less than $4 today, first in weeks. But diesel is $1 higher for OFF ROAD...which does not pay road taxes fyi.
The farmers are screaming. Crops are drying in much of the southern Midwest and food will be the new issue this fall. Market zooms up in volatility and oil prices are up as Russia and Iran ink a $40 billion oil deal...

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Enjoy that $0.20 drop in gas prices while you can.

 
Looks like Germany and France are starting to crack-I have my doubts their sanctions will make it very much longer. Once the public gets fed up its all down hill .
 
Bought gasoline for less than $4 today, first in weeks. But diesel is $1 higher for OFF ROAD...which does not pay road taxes fyi.
The farmers are screaming. Crops are drying in much of the southern Midwest and food will be the new issue this fall. Market zooms up in volatility and oil prices are up as Russia and Iran ink a $40 billion oil deal...

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I got gas at Costco today at $5.35/gallon. Last week was $5.29/gallon. As expected as oil prices bumped up past days. Still lower than $6.19/gallon at highest few months ago.
Did stock market dropped today because with lower gas prices, inflation will now go down?
 
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