President Biden Bans Russian Oil: Here’s What Happens Next (You Need to be Prepared for This)
It only took about every American lawmaker in both houses of government to finally agree before Sleepy Joe could make up his mind, but the U.S. is banning oil from Russia over its invasion of Ukraine. What does that mean for you?
The first concern is obvious. Gas will cost more. It’s already up big time, with record levels in many states and its about to go much higher. $5 a gallon will be considered cheap in a few months time. $7-8 a gallon will become the new norm.
“Let’s Go Brandon!” has now also become “Let’s Go Putin!” as the two world leaders mess with the oil market.
But the answer isn’t all bad. If Democrats would just approve increased U.S. oil production, we could okay. But Biden would rather make a deal with Iran or even Venezuela to buy oil from dictators to please Democrat donors.
He’s even planning a trip somewhere other than Delaware, headed to Saudi Arabia in an effort to beg the Middle East to sell us more oil.
But if you believe Kamala or Buttigieg, the answer is easy. Just buy a Tesla and you’ll be fine. But for the other 99.9% of the nation, we can barely buy food after a year of Bidenflation.
Check out the video as there are more details you need to know about the ways banning Russian oil is going to cost us big time unless Biden decides to open up more oil production at home.
On another post they talk about not having enough refineries as also being a contributing factor.
Here’s what I do know as being a fact. There is a glut of oil sitting off shore right now. Has been that way for YEARS. Why? Katrina and other devastating hurricanes, plus the sabotage that seems to occur right when they need to raise the prices. We have refinery capacity right now going unused, and the price of gasoline is already artificially inflated.
I can tell you that from my own perspective, if there were any gas shortages, there would be gas stations closing saying they could not get their gasoline. There are three refineries near my place and they run 24/7.
Covid was an excuse. Putin, is an excuse. A lack of refineries, an excuse. Now, banning Russian oil will be the latest.