Tag Archive for: joe Biden Russia

OPEC Ignores Biden’s Pleas, Decides To Cut Oil Production

UPDATE: Green Biden scrambles to boost American oil production after OPEC cuts


OPEC+, which includes the 15 OPEC members and the consortium’s Russian-led allies, voted Wednesday to cut oil production by 2 million barrels per day even though the White House urged the group to pump more oil, according to Bloomberg.

OPEC and its Russian-led allies will reduce crude oil production as they are concerned that oil demand will fall as the world enters a recession, Bloomberg reported. President Joe Biden’s senior officials have been attempting to pressure OPEC into voting against a production cut as the White House would consider this to be a “hostile act,” CNN reported on Wednesday.

The administration was “panicking” over OPEC’s potential to cut production as it is concerned that gas prices may continue to rise and hurt the Democrats’ chances in the November midterm elections, according to CNN. The White House aggressively lobbied Kuwait, Saudi Arabia, the United Arab Emirates and other OPEC members to vote against cutting oil production; however, its efforts failed as OPEC+ wants to keep oil prices steady by reducing global supply ahead of winter, according to Bloomberg.

The Brent crude oil benchmark sits at $93 a barrel on Wednesday after peaking at over $120 a barrel in March. An oil price hike could further exacerbate the West’s fuel shortages which are causing household electricity bills and gas prices to skyrocket.

OPEC+ agreed to a small production boost in August after Biden visited Saudi Arabia and asked the OPEC member to pump more oil during a visit to the nation, according to The Washington Post. Biden was also rebuffed by OPEC after he asked its Middle Eastern members to produce more oil in May.

OPEC and the White House did not immediately respond to the Daily Caller News Foundation’s request for comment.

AUTHOR

JACK MCEVOY

Energy & environment reporter.

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Biden Soaring Gas Prices Are Part Of Green Agenda—Gas Stations Adding Extra Digit Expecting $10 a Gallon for Gasoline

President Joe Biden suggested record gas prices were part of an incredible transition away from fossil fuels Monday in Japan.

At the press conference in Tokyo with Prime Minister Fumio Kishida, a reporter asked the president if a recession in the United States was inevitable.

“When it comes to the gas prices,” the president stammered for a moment. “We’re going through an incredible transition that is taking place that God willing when it’s over we’ll be stronger, and the world will be stronger and less reliant on fossil fuels when this is over.”

Biden then mentioned his decision to ease rising gas prices by releasing 180 million barrels of oil from emergency stockpiles in late March, though he noted it hasn’t been effective.

The Biden administration canceled the three remaining offshore oil and gas lease sales last week including the Cook Inlet in Alaska, and two in the Gulf of Mexico reportedly due to factors including conflicting court rulings.

Richard Spinrad, the head of the National Oceanic and Atmospheric Administration (NOAA) reportedly said the backlog in permitting was from a miscalculation a sub agency found, according to a late April letter obtained by The Daily Caller News Foundation.

The average pump price nationwide has surged to $4.59 per gallon of regular gasoline compared to $4.11 in April, according to AAA.

AUTHOR

CHRIS BERTMAN

Contributor. Follow Chris on Twitter.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

Biden Revoked Trump’s ‘Energy Dominance’ Agenda. Now It’s Coming Back To Haunt Him

President Joe Biden’s decision to reverse a series of Trump administration energy policies have harmed American consumers amid the Ukraine crisis, former Interior Secretary David Bernhardt said.

Bernhardt, who led the Department of Interior (DOI) between 2019-2021, said Biden’s energy policies reflect activism rather than a coherent strategy to ensure low prices and sufficient supply for Americans. Fossil fuel industry groups and Republican lawmakers have repeatedly blamed the Biden administration for rising energy prices slamming consumers in recent weeks.

The average price of gasoline ticked up to $4.19 a gallon on Monday, remaining near its all-time high of more than $4.30 per gallon set in April, according to Energy Information Administration data.

“As a candidate, President Biden was very, very clear that he had a different energy vision than the vision of energy independence — even energy dominance — that Trump had,” Bernhardt told the Daily Caller News Foundation in an interview.

“President Biden campaigned with a very different vision,” he continued. “His vision, I think to say fairly, would be a vision of climate activism over energy independence or energy dominance.”

Bernhardt added that Interior Secretary Deb Haaland has filled the DOI with “some of the most activist folks that could have possibly been chosen.” He said the agency is largely crafting energy policies based upon Biden’s directives.

Shortly after taking office in January 2021, Biden issued a series of climate-related executive orders, canceling the Keystone XL pipeline permit and issuing a moratorium on new federal oil and gas leasing, following up on a campaign promise to “get rid of fossil fuels.” The Biden administration has yet to hold an onshore lease sale even after a federal court ruled the moratorium was illegal.

Haaland revoked a dozen key Trump administration energy policies in compliance with Biden’s executive orders in an April 2021 secretarial order. The DOI’s “American Energy Independence,” “Supporting and Improving the Federal Onshore Oil and Gas Leasing Program and Federal Solid Mineral Leasing Program” and “Executive Committee for Expedited Permitting” were among the policies reversed.

“I’m hopeful that these steps will help make clear that we, as a Department, have a mandate to act,” Haaland said at the time.

But Bernhardt pointed to both the lack of drilling and decline in applications for permit to drill (APD) issued by the Biden administration.

“If you look at the number of APDs issued in December 2020 and then compare that to December of 2021, you will see a nearly 80% reduction in APDs issued even though over 4,000 APD requests,” Bernhardt told the DCNF. “And if you look at the length of time it currently takes to do the processing of APDs and let’s say you looked at it between fiscal year 20 and fiscal year 21, you will see a lengthening.”

The U.S. increased domestic oil production during the Trump administration from 8.9 million barrels of oil per day to nearly 13 million barrels of oil per day between 2016-2019, according to Energy Information Administration data. The nation became a net exporter of total energy in 2019 — factoring in oil, coal and natural gas trade — for the first time in nearly eight decades.

The U.S., though, is projected to return to net oil importer status under the Biden administration in 2022. Production has decreased since November to about 11.3 million barrels a day.

AUTHOR

THOMAS CATENACCI

Energy and environment reporter. Follow Thomas on Twitter

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved. Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

‘What A Mess’: Trump Weighs In On Ukraine Conflict Ahead Of Biden Speech

Former President Donald Trump weighed in on Russia’s Ukraine aggression ahead of President Joe Biden addressing the country on the same issue Tuesday, saying Russian President Vladimir Putin would have never took such an action during Trump’s presidency.

Trump’s statement came hours before Biden’s scheduled speech Tuesday afternoon addressing Putin’s invasion of UkrainePutin took the step of officially recognizing two separatist-controlled territories in eastern Ukraine as independent states Monday, and then ordered “peacekeeper” troops into the contested regions. Trump argued that Putin only made the advance because he believes Biden’s economic response will be “weak.”

“If properly handled, there was absolutely no reason that the situation currently happening in Ukraine should have happened at all. I know Vladimir Putin very well, and he would have never done during the Trump Administration what he is doing now,” Trump said. “The weak sanctions are insignificant relative to taking over a country and a massive piece of strategically located land. Now it has begun, oil prices are going higher and higher, and Putin is not only getting what he always wanted, but getting, because of the oil and gas surge, richer and richer.”

“What a mess our Country is in,” he added.

Biden has vowed severe economic consequences for Russia should Putin move forward with an invasion, but some analysts argue Putin orchestrated his move to test the U.S. and NATO’s definitions of “invasion.”

“Putin has choreographed this with the hope that we and the Europeans will debate whether this is an ‘invasion’ or not,” former CIA Acting Director John McLaughlin stated Monday. “And hoping that throws us enough off balance that he will pay a minimal price for this first slice of salami.”

While Germany has already taken the step of halting the certification of the Nord Stream 2 pipeline, the U.S. has yet to unleash its threatened sanctions. Biden is set to deliver an update on the Ukraine conflict later Tuesday, however. The White House has not provided details as to what he will be announcing.

Putin also took the step of asking Russian lawmakers Tuesday to authorize him to use force outside of Russia, a formality given Putin’s control over the country. The lawmakers granted his request within hours. The authorization is yet another sign that Putin may plan to escalate the conflict with Ukraine beyond even the deployment of “peacekeeper” troops.

COLUMN BY

ANDERS HAGSTROM

White House correspondent.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

State Dept. Orders U.S. Embassy Families To Evacuate Ukraine Amid Rising Tensions With Russia

The State Department has ordered family members of U.S. embassy personnel and nonessential staff to evacuate Ukraine as soon as Monday due to escalating tensions with Russia.

The evacuation announcement comes on the heels of Ukraine’s acceptance of the first installment of up to $75 million in lethal aid pledged by the U.S. to help counter Russia’s military build up along the Ukrainian border, according to the New York Post.

The aid, which is part of a $768 billion defense bill signed in December, provided $300 million to the Ukraine Security Assistance Initiative to assist Kiev in acquiring the resources needed to counter Russia’s troop buildup on its eastern border, according to the New York Post.

The announcement also follows President Joe Biden’s comments in a press conference Wednesday that suggested America and NATO’s response to Putin’s actions would “depend on what [Russia] does.”

“It’s one thing if it’s a minor incursion, and then we end up having a fight about what to do and what not do, etc.,” Biden stated. “But if they actually do what they’re capable of doing with the force they’ve massed on the border, it is going to be a disaster for Russia,” he concluded.

Secretary of State Antony Blinken met with Russian Foreign Minister Sergey Lavrov Friday in an attempt to deescalate the situation along Ukraine’s border. “We didn’t expect any major breakthroughs to happen today,” Blinken stated, according to CNN. “I believe we are on a clearer path in terms of understanding each other’s concerns, each other’s positions. Let’s see what the next days bring,” he concluded.

Hours later, Blinken expressed his support for Ukraine in a series of tweets, some of which thanked NATO nations for sending defensive support to the beleaguered nation.

Kremlin spokesman Dmitry Peskov said the shipment of lethal aid does “nothing to reduce tensions,” according to the AP.

Next week, the State Department is expected to encourage other Americans living in Ukraine to begin leaving the country via commercial flights “while [they] are still available,” reported Fox News.

COLUMN BY

GRETCHEN CLAYSON

Contributor.

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