Commentary In the film “All the President’s Men,” Washington Post reporters Bob Woodward and Carl Bernstein’s shadowy source, “Deep Throat,” says, “follow the money.” Some point to evidence that there really was no Deep Throat, or that there were actually half a dozen Deep Throats, but what the supposed source actually says in Woodward and…
Depleting America’s Emergency Oil Supply to Elect Democrats
September 17, 2022
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OPEC+ Agrees to Increase Production to 400,000 BPD Despite Omicron
The International organization of petroleum-exporting countries (OPEC) and its oil producing allies announced on Jan. 4, that they would increase oil production by a total of 400,000 barrels a day in February, as it appeared that the Omicron variant of the CCP (Chinese Communist Party) virus would have only a mild effect on demand and the global economic…
Are High Gas Prices Here to Stay?
News Analysis Americans are expected to spend more on gas in the new year if Wall Street predictions play out. While the U.S. government says gas prices will fall below $3 per gallon in 2022, many analysts forecast the opposite. With strong global demand and “underinvestment” in the oil and gas sector, prices at the pump…
White House Calls on Oil Cartel OPEC to Boost Production as Gas Prices Soar
WASHINGTON—Worried about rising gas prices, the Biden administration has called on oil producing countries including Saudi Arabia and Russia to raise their oil production. Strong recovery in global demand and declining U.S. supplies have been pushing crude oil prices higher in recent months. National Security Advisor Jake Sullivan issued a statement on Aug. 11 asking…
White House Calls on OPEC+ to Boost Production as Gasoline Prices Soar
WASHINGTON—Worried about rising gas prices, the Biden administration has called on oil-producing countries including Saudi Arabia and Russia to raise their oil production. Strong recovery in global demand and slow growth in supplies have been pushing crude oil prices higher in recent months. National security adviser Jake Sullivan issued a statement on Aug. 11 asking…
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