Biden favors Putin’s Russia, OPEC over US energy producers
Russia tests Biden amid fears of Ukraine invasion
Former National Security Adviser Robert O’Brien joins ‘Kudlow’ to discuss Russia as it moves its troops near the Ukraine border.
As President Biden and Russian President Vladimir Putin prepare for their call, critics say it may be too late to temper the former KGB officer as far as the world’s oil supply is concerned.
Putin has gradually been exercising his dominance, with the help of the United States, over the global petroleum market and possibly empowering the Russian leader to invade Ukraine.
Last week, the Biden administration sent diplomats to the OPEC Plus countries to try to smooth over relations with the cartel after Biden blamed it for inflation and rising energy costs. The cartel rightly fired back and suggested that America could increase production on our own shores if it wanted to.
Harold Hamm on climate summit: US apologizing to the rest of the world is ‘inappropriate’
Continental Resources Executive Chairman and founder discusses the Biden administration’s impact on the oil industry, natural gas demand, Russia and China’s absence at the climate summit and Election Day.
Saudi Arabia and Russia felt the U.S. unfairly blamed them for their energy policies.
This followed Biden’s move to release oil from the strategic petroleum reserve, which was viewed as a shot across the bow to the OPEC Plus cartel, and from a diplomatic standpoint it backfired by straining the relationship between OPEC and the United States even more than it already is.