Stock Futures Drop as Oil Soars with Brent Crude Up to $130 a Barrel – Biden Still Refuses to Implement President Trump’s Energy Independence Policies

The markets are down as the price of crude oil reaches a 13-year high. 

Thank you Joe Biden.  The media may tell you that the high price of oil is due to the Ukraine – Russia conflict but they forget that America was energy independent only a year ago under President Trump.

Under President Trump the US was an oil producer for the first time in nearly a century.   President Trump recently reminded us of where America would be without the stolen election.

“If the Election Wasn’t Rigged, America Would Right Now Continue to have Record-Low Gas Prices” – President Trump Statement on Oil Prices and Ukraine

Trump also asked in May, what is more relevant today, who is running the US energy department under Biden.

FLASHBACK–> “QUID PRO JOE’ — AUDIO Released of JOE BIDEN and Ukrainian President Poroshenko Discussing FIRING VIKTOR SHOKIN Who Was Investigating His Son — FOR IMF LOAN!!

Today the price of a barrel of brent crude oil has reached $130 – the highest price in 13 years since Obama was in office.

West Texas Intermediate crude futures, the U.S. oil benchmark, traded 8% higher to above $125 a barrel, the highest since mid-2008. At one point the price topped $130 a barrel.

The international benchmark, Brent crude, traded 9% higher to $128.60, also the highest price seen since 2008.

“Oil is rising on the prospect for a full embargo of Russian oil and products,” said John Kilduff of Again Capital. “Already high gasoline prices are going to keep going up in a jarring fashion. Prices in some states will be pushing $5 pretty quickly.”

The markets are way down in response to these increasing prices.  But for some reason, Biden won’t open up the American oil reserves and grab onto President Trump’s policies to make America again an energy producer. 

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Joe Hoft is a Radio Host at TNTRadio.live, Author, Former International Corporate Executive in Hong Kong for a Decade, and a Contributor at TGP since 2016. Joe is the author of five books, including his new bestseller, "The Steal: Volume II - The Impossible Occurs" which addresses the stolen 2020 Election and provides an inventory of issues that prove that the 2020 Election was uncertifiable and never should have been certified for Joe Biden.

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

 

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