If we thought gas prices were high over the summer, buckle up they may get even higher during the winter.
President Joe Biden has gleefully terminated America’s energy independence and now it is contributing to crushing the United States economy.
To keep gas prices down the Biden administration begged OPEC, drained our reserves, and made deals with the ruthless Venezuelan government. Now OPEC has announced a “historic” production level cut that could cause fuel prices to spiral out of control.
An influential alliance of some of the world’s most powerful oil producers is reportedly considering their largest output cut since the start of the coronavirus pandemic this week, a historic move that energy analysts say could push oil prices back toward triple digits.
OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria, on Wednesday to decide on the next phase of production policy.
Thanks to Joe Biden oil refineries in the USA (the ones that are left) can’t keep up with demand.
Massive jump in average #gasprices vs last week that’s pulling up the national average. Inventories in the West Coast now at their lowest in a decade:
California up 55.3c/gal
Oregon up 45.6c/gal
Alaska up 45.4c/gal
Washington up 41.7.c/gal
Arizona up 34.7c/gal
Nevada up 33.7c/gal