oil

While exports surged, domestic stocks of crude oil, gasoline, and diesel fell sharply. Before the war began in the Middle East, which closed the Strait of Hormuz to most ship traffic, global oil and motor fuels markets were awash in supply. #gas #prices #oil

By subverting our own energy suppliers, the Biden administration and their policies have put us at the mercy of foreign oil. It shifts the power structure away from America to countries like Iran, Venezuela, China – and Russia. Russia’s invasion of Ukraine is just one adverse effect of this transfer of power. #nikiconforti