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Why Is America Still Buying Saudi Oil When We Could Be Self Sufficient?
We can tell Saudi Arabia’s dictator and the most predatory oil companies to go screw themselves at the same time we do the best thing for an average working Americans
It’sIt’s not even winter yet, and America’s Northeastern states are already experiencing both shortages and price shocks on heating oil. The headline at Bloomberg this week says it all: “New York, New England Ration Heating Oil Even Before Peak Winter.”
You can see the raw numbers comparing the average of the past five years to the weekly averages during the past year in this chart from the US Energy Information Agency:
The Saudi oil minister, Prince Abdulaziz bin Salman, just gave America a menacing warning about President Biden releasing oil from the strategic reserve to prevent an explosion in gasoline prices:
“However, it is my profound duty to make it clear to the world that losing emergency stock may become painful in the months to come.”