Joe Biden and Democrats Manage to Nearly Double Oil Prices in ONE YEAR – Oil Prices Threaten to Pass $100 per Barrel

The price of a barrel of oil on January 21, 2021, was $55.81.
The price of a barrel of oil today on the international market is threatening $100 per barrel.

Energy experts expressed worry on Monday that oil prices could pass $100 per barrel amid the ongoing tensions between Russia and Ukraine.

A little over one year ago America was energy independent and an energy exporter.

That all changed under the Biden regime.

On his first day in office Joe Biden killed off an estimated 52,100 American jobs.

After his inaugural behind fences and 20,000 military troops, Biden hobbled to the Oval Officer where he signed several executive orders including the end of construction of the Keystone XL Pipeline and the end of construction of the Trump border wall.

As Breitbart reported:  Joe Biden then suspended oil and gas leases in the Arctic National Wildlife Refuge and New Mexico.  Biden’s Environmental Protection Agency (EPA) reinstalled regulations that restrict domestic energy production.  Biden rejoined the United Nation’s Paris Climate Accord, a globalist project to punish and destroy US companies.

And now today Biden relies on OPEC to increase their output to keep prices down.

The gas and oil prices we see today are all a direct result of Joe Biden, his handlers, and Democrat policies.


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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


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