http://www.msn.com/en-us/news/politics/as-gas-prices-soar-americans-can-blame-joe-biden/ar-BB1ehNtJ
Biden's cancellation of the Keystone XL pipeline significantly impacted gasoline, "ensur(ing) a huge increase in gas prices for millions of us." Federal lands account for about 22 percent of U.S. oil production.
The crowning blow to our improved realignment of interests in the Middle East, however, was Biden's decision to insult the de facto ruler of Saudi Arabia by releasing an intelligence assessment that Crown Prince Mohammed bin Salman (MBS) was responsible for orchestrating the murder of Jamal Khashoggi. This affront followed the White House announcing that Biden would not speak to MBS, as he is called, but rather, communicate with his father, the ailing Saudi King Salman bin Abdulaziz. The Khashoggi report contained nothing new; the "reveal" simply signaled Biden's disdain for the controversial leader and disagreement with everything Trump, who had a close working relationship with Saudi Arabia's next ruler.
Despite the growth in U.S. oil output in recent years, the Saudis still run the show. And MBS runs Saudi Arabia. Last year, a personal confrontation with Vladimir Putin drove him to push a price war with Russia; almost certainly, the recent decision to drive prices higher was also his. Offending Saudi Arabia scratches a Leftist itch; indeed, human rights groups complain that Biden did not punish MBS directly, after promising to do so on the campaign trail.
Are we going to see $5.00 a gallon again by Christmas?
|