BREAKING: Biden Causes Oil To Hit New HIGH
What a mess.
Global crude prices spiked to multiyear highs after OPEC (Organization of the Petroleum Exporting Countries), which is a collection of high-oil producing countries primarily in the Middle East, decided not to increase production of oil even after Biden asked multiple times.
According to Fox Business, NYMEX crude shot up to $77.62 per barrel which is the highest it has been since 2014!
BREAKING: US oil prices hit highest level since 2014. The only thing Biden is “building back better” is inflation.
— Cassandra (@CassyWearsHeels) October 4, 2021
The current national average for gas prices are at an astounding $3.20 per gallon.
senior market analyst for the Americas, Edward Moya, said things could get much worse. Moya referred to OPEC+ as a “villain” for not helping global economic recovery and said that even higher gas prices are coming.
Goldman Sachs believes prices could reach $90 per barrel.
He abandoned energy independence that Trump accomplished and now is begging Opec to produce more Oil. Prices are going through the roof. Correct
Inflation is through the roof, the cost of everything has increased. Correct…
— Sean Hannity (@seanhannity) October 2, 2021
