In 2020, Democrats blocked Trump's proposal to buy American oil at $24 a barrel. Yesterday, a Biden official disclosed a secret offer to buy OPEC+ oil at $80 a barrel. That offer was turned down and oil will soon be at $100 a barrel.
Michael Shellenberger continues to do yeoman's work on the energy sector and the politics involved. Kudos.
It can be argued that the single decision to block refilling the SPR (Strategic Petroleum Reserve) at $24 a barrel will cost the Democrats both the House and Senate in the 2022 midterm elections. Wonder if Chuck Schumer is still crowing about that decision.
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