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| Home Front: Politix |
| Biden climate policy on track to punish blue-collar America, prop up Putin, experts warn |
| 2021-02-25 |
| [Just the News] "Trump's pro-America energy policies were a disaster for Russia, and the truth is Biden is a godsend for Russia," economist Steve Moore says. In former President Donald Trump's final month in office, the United States achieved something it hadn't in more than a generation: In the final week of December, America didn't import a single drop of crude oil from Saudi Arabia for the first time in 35 years. For many, it was a testament to Trump's America-first energy policy, which prioritized reliance on domestic production and drove global crude prices down below $50 a barrel for most of 2020 and U.S. gasoline prices to an average of about $2.30 in December. The low prices throughout 2020 also crimped Russia's energy-dependent economy, leading to greater unrest in Moscow. Now, a month into the Biden presidency, crude has jumped to $65 a barrel and U.S. gasoline to $2.72 per gallon due to a variety of geopolitical events. Economists and energy-state lawmakers alike fear it will continue to rise as the real impact of Democratic climate change regulation begins to be felt. Moore said one of the ironies is that the Biden agenda will aid Russia, Saudi Arabia and Iran to the detriment of U.S. markets. Oil- and gas-dependent economies like Russia thrive when crude is north of $70 per barrel, and they suffer when it falls below $50, experts said. "There is no doubt in my mind that the irony of the Russia collusion nonsense was that there was no one who hurt Russia more than Trump and his America-first energy policies," Moore said. "Russia really is nothing more than a third world country, with oil and gas. "Trump's pro-America energy policies were a disaster for Russia, and the truth is Biden is a godsend for Russia." |
| Posted by:Ebbereger Unainter6303 |
| #3 I think they lost their asses in the Blue Collar segment, hence a large chunk of The Big Steal. |
| Posted by: swksvolFF 2021-02-25 15:09 |
| #2 That 70s Show. Except Brezhnev is ours this time around |
| Posted by: Pancho Grumble2284 2021-02-25 00:44 |
| #1 As Designed. |
| Posted by: CrazyFool 2021-02-25 00:29 |