Joe Biden’s press conference on Russia and oil prices was full of half-truths and misdirection. Biden first warned oil companies about “padding profits” and taking advantage of people while the price of oil is high. Clearly, Biden has no grasp of the futures market that dictates oil prices. Next, he claimed the policies from his administration are not holding back domestic energy production but conveniently forgot the offshore drilling leases his administration canceled. The punchline to the speech was Biden using the backdrop of high oil prices to push electric vehicles on people. In case you didn’t know, the average electric vehicle costs about $56K. Here’s more:
8 Comments
6 more comments...No posts
Obviously biden is lying or telling half truths at best about everything related to oil production in the US. Can the Congress not do anything to override grandpa dementia????
Uncle Joe doubled the oil buy from Vlad on entering the White house. He then called Vlad to pump more oil. Vlad is 🤣. This admin knows nothing about economics or business and all decisions are based on ideology only. Interesting coincidence is that Vlad visited Ukraine with guns drawn the last time Uncle Joe was in the White House.