We The People

We The People

Friday, March 11, 2022

Biden advisers ignore basic economics, claim increasing US oil supply would have no impact on price - TheBlaze

Biden advisers ignore basic economics, claim increasing US oil supply would have no impact on price - TheBlaze

That's right, as the U.S. continues to see record highs at the gas pump and surging oil prices, it appears that Deputy National Security Adviser Daleep Singh believes oil prices are not connected to supply — even though Monday's announcement of a U.S. and U.K. ban on imports of Russian oil had an immediate effect on oil prices, which even President Biden acknowledged in his statement making the ban on Moscow's oil official.

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