Forget Talking Points and Analysis
Segment # 065
It occurred to me again last night after watching the full debate between Oz and Fetterman in Pennsylvania and then listening to political commentary this morning that we no longer have the luxury on either side of the aisle of letting pundits interpret the news for us. Fetterman is not OK and should not be representing Pennsylvania in the Senate. But you be the judge below. It truly has become an agenda driven win at all costs. After calling Republicans election deniers ignoring the fact that she did precisely that in 2016, Hillary is now trying to raise money off denying the election results of 2024.. two years into our future. We have Biden begging the Saudis to increase production to help him win the midterms. The Saudis below outed Biden on his political maneuvering which as we all remember Trump was accused of and impeached for. Big Tech, the Media, and the Govt keeping pulling this Fauci movie down. They definitely do not want you to see it so that you can make up your mind about what we have been through for the past two years. Catch it while you can. And the border .. we have now exceeded 2 million apprehensions this year and that doesn’t count the gotaways but as we have been told.. the border is closed Unfortunately, as have seen this political lying has cost us all now and will cost us more into the future. I hope the multi colored fentanyl pills don’t become an issue on Halloween.
Saudi Arabia Energy Minister Warns About Misusing Oil Stockpiles
By Julianne Geiger - Oct 25, 2022, 3:00 PM CDT
Saudi Arabia’s Energy Minister has warned countries against misusing their crude oil stockpiles to manipulate the oil markets.
According to the Kingdom’s Energy Minister, Prince Abdulaziz bin Salman, who has been sparring with U.S. President Joe Biden in recent weeks, strategic crude oil stockpiles are designed to be used to manage supply shortages, not to bring down prices.
“It is my profound duty to make clear to the world that losing (releasing) emergency stocks may be painful in the months to come,” the Energy Minister said at the Future Initiative Investment conference in Riyadh.
The comment was quickly interpreted as a barb aimed specifically at President Biden, who lashed out at OPEC+ over its recent decision to lower its crude oil production targets by 2 million barrels per day after the United States spent months releasing more than a hundred million barrels of crude oil from its Strategic Petroleum Reserves to alleviate high prices at the pump ahead of midterm elections.
The warning is just the latest in the tiff between Saudi Arabia and President Biden, after the U.S. President said there would be consequences for Saudi Arabia’s decision—with Russia—to lower crude oil production.
“I am in the process, when the House and Senate gets back, they’re going to have to – there’s going to be some consequences for what they’ve done with Russia,” President Biden said last week, without getting into specifics.
The United States has released 192 million barrels of crude oil from its emergency stockpiles so far this year, according to EIA data, with plans to release even more next year.
Other IEA countries have released oil from their crude oil stockpiles this year as well “to address significant market and supply disruptions related to President Putin’s war on Ukraine,” the IEA said in a March press release.
By Julianne Geiger for Oilprice.com
Border apprehensions exceed 2 million this year: Enforcement increases as GOP buses migrants elsewhere
The number has already surpassed 2021, which set its own record.