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EconomyMarch 07, 2022
SHOW NOTES: WAR FOR OIL?! Thanks, Joe!
If you thought Joe Biden was incompetent in Afghanistan, wait until we catch you up on this past weekend when our enemies had their way with him. Biden just created a new war for oil. Also, the media is lying about Donald Trump, again. And are we really banning Russian cats?
WAR FOR OIL?! Thanks, Joe! | Louder with Crowderwww.youtube.com
BOSTON MARATHON BOMBER DEATH PENALTY
- On Friday, SCOTUS reinstated the death penalty for Boston Marathon Bomber Dzhokhar Tsarnaev. SOURCE: YouTube
- The FBI initially denied ever knowing about the suspects
- But Tsarnaev’s mother said the FBI interviewed her son, Tamerlan, prior to the bombing.
- She said: SOURCE: CBS
- “[The FBI] ‘knew what he was doing on Skype’ and counseled him ‘every step of the way.’”
- “They told me whatever information he is getting, he gets from these extremist sites [...] They were controlling him, they were controlling his every step [...] and now they say that this is a terrorist act! Never ever is this true, my sons are innocent!"
- Dzhokhar Tsarnaev claimed he and his brother made the bombs alone. SOURCE: CNN
- The FBI originally said there was no trace evidence of bomb-making found in their homes
- Then, nearly TWO YEARS later, FBI explosives analyst David McCollam said explosive residue WAS found at the brothers’ apartment. SOURCE: NBC
- However, he also said he could not determine where the bombs were made.
- And finally, the FBI suspected the brothers may have been trained by jihadis in Chechnya and Dagestan. SOURCE: ABC
- The FBI apparently missed Tamerlan Tsarnaev’s travels to these regions because variants of his name and birth date were not logged. SOURCE: IrishTimes
MEDIA MOCKS TRUMP
- MSM mocked Donald Trump for his comments about Putin at CPAC!
- To be fair, though, Sunny’s comments did cause Joy Behar to have a rather dramatic reaction. SOURCE: Twitter
JOE BIDEN’S FAILED FOREIGN POLICY
- If you thought Joe Biden’s abysmal pull out from Afghanistan was the end of his shitty foreign policy, the last few weeks have probably been a huge disappointment.
Biden wants Venezuelan oil
- On Saturday, US officials traveled to Venezuela to meet with members of Nicholas Maduro’s government. SOURCE: TheGurardian
- The going narrative is the US is seeking to separate Caracas from Moscow. SOURCE: NYT
- It would be a good move, however, others speculate the Biden team is looking to Venezuelan oil as a replacement for Russian imports.
- Fox Business presenter, Trisha Regan, tweeted: SOURCE: TheGuardian
- “It’s not just US officials meeting in Venezuela right now – it’s also key executives from MAJOR US oil companies, including Chevron.
- This is real, folks. If agreements are reached, we will replace Putin’s oil with massive reserves from Orinoco region of Venezuela.”
He also wants Saudi Arabian oil
- We do know for sure they want to go to Saudi Arabia. SOURCE: Axios
- US officials are discussing a spring trip to Saudi Arabia to convince the kingdom to pump more oil.
- So, rather than just unleash US energy with fracking, drilling, nuclear, etc.; Biden wants to work with the Saudis.
- In 2021, the US imported about 709K barrels of petroleum products per day from Russia.
- Gas prices are currently soaring!
- Gas is approximately $3.89 per gal. Yesterday, it was $3.69.
- THE HIGHEST AVERAGE GAS PRICE EVER IN TX was $3.99 (2008)
- In Texas, under Trump, the average price was never above $3. SOURCE: EIA.gov
- Instead of replacing Russian oil with Saudi or Venezualan oil we could.
- Open up Keystone XL
- Expand fracking
- Explore arctic reserves in Alaska
- Sell onshore drilling leases
- Reduce regulations
- And EVERYONE understands this is vital for national security, including Elon Musk: SOURCE: Twitter
- “Hate to say it, but we need to increase oil & gas output immediately.”
- “Extraordinary times demand extraordinary measures.”
- If a nation is not energy independent, at some point, they WILL have to go to war for resources.
- Remember access to oil in the Dutch East Indies was a huge factor that led to the Japanese attack on Pearl Harbor. SOURCE: WaPo
- If you think the US is impervious to these demands, remember the US uses nearly 20M barrels of oil per day. SOURCE: Worldometer
- China is number 2 at about 12.75M per day
MISC.
- Last week, a San Francisco Walgreens robbery had a dramatic escalation to a banana fight. SOURCE: KY3
- The International Cat Federation banned Russian cats from competitions. SOURCE: WaPo
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