Biden's America Last Program

[GURPS]

Biden’s Blunder Could Send Oil Prices To $100


Energy analysts warned that a release of SPR may not have the desired effect. They explained that however many barrels the U.S. or its partners in Asia and the UK release, OPEC could withhold more and for longer. They explained that the SPR crude is sour, and refiners don't like it because it needs additional processing to reduce the sulfur content—a process that requires natural gas, which is also expensive currently. These explanations fell on deaf but determined ears. Now, analysts are warning about $100 Brent.

"It's not going to work simply because the strategic petroleum reserve — any country's strategic petroleum reserve is not there to try to manipulate price," said Stephen Schork, editor of the Schork Report, speaking to CNBC earlier this week. "There's a considerable amount of bets out there that we will see $100 a barrel oil," he added.

John Kilduff of Again Capital put it even more bluntly: "The battle lines are being drawn," he told Bloomberg this week. "Certainly, OPEC and the Saudis can win this in that they are holding all the cards. They can keep more oil off the market than a SPR release can put on the market. If you see WTI get under $70, then I would expect a response from OPEC+."

 

[GURPS]

Chuck Todd Remembers When Joe Biden Declared Independence From COVID-19


Chuck Todd, host of Meet the Press, took a turn being a guest on NBC’s Sunday Today. Todd is very concerned about the new COVID-19 variant impacting President Joe Biden’s political appeal. Honestly, if four people in Botswana having a cold and some people in South Africa experiencing fatigue and a mild cough are enough to torpedo your legacy, you never had one.


Host Willie Geist framed the issue for Todd, saying,

“So, the president took a few days off there in Nantucket and he comes back to this big legislative fight over the social spending package that passed through the House. Now that big mountain to climb in the Senate. And this new variant, we should underline what the doctors and the scientists are saying. We don’t know much about it yet. No documented cases in the United States, maybe we get lucky. We hope that it passes. But, it’s a reminder that COVID is with us and with this president while he tries to get other things done.”

There is so much wrong with this intro. First of all, health officials in Botswana and South Africa say the new variant, Omicron, is causing no symptoms or mild symptoms. Dr. Angelique Coetzee, a board member of the South African Medical Association, told The Telegraph:

“It presents mild disease with symptoms being sore muscles and tiredness for a day or two not feeling well,” Coetzee explained. “So far, we have detected that those infected do not suffer the loss of taste or smell. They might have a slight cough. There are no prominent symptoms. Of those infected some are currently being treated at home.”

The Botswana Ministry of Health and Wellness also noted that the four cases detected were incidental testing for air travel. The travelers had no symptoms, and their contacts tested negative. What we do know is that the spike protein has undergone over 30 mutations.

 

[GURPS]

Biden Could Release More Oil From Strategic Reserves, Even Though First Release Didn’t Move Gas Prices


According to the United States Energy Information Administration, however, the United States consumed roughly 18.19 million barrels of petroleum per day in 2020 — meaning that the release of 50 million barrels would only equate to 2.5 days’ worth of consumption. As Reuters explained, “Analysts have warned an SPR release would only produce a short-term effect in the market, as it would not increase U.S. production capacity.”

Nevertheless, Democratic leadership — including Senate Majority Leader Chuck Schumer (D-NY) — praised the President’s move.

“President Biden’s announcement is good news for American families and will strengthen our economy,” he said. “Tapping the SPR will provide much-needed temporary relief at the pump and will signal to OPEC that they cannot recklessly manipulate supply to artificially inflate gas prices. Of course, the only long-term solution to rising gas prices is to continue our march to eliminate our dependence on fossil fuels and create a robust green energy economy.”

 

[kom526]

“It presents mild disease with symptoms being sore muscles and tiredness for a day or two not feeling well,” Coetzee explained. “So far, we have detected that those infected do not suffer the loss of taste or smell. They might have a slight cough. There are no prominent symptoms. Of those infected some are currently being treated at home.”

So basically an over 50 hangover.

 

[GURPS]

Joe Biden's Dirty Little Secret: He Wants Higher Gasoline Prices


They want high oil and gas prices. The Biden master plan is for American oil and gas production and consumption to go to zero over the next 15 to 20 years. How do you achieve that goal? By making oil and gas so expensive and so unavailable that Americans are forced to use alternatives.
In other words, the fact that gasoline is roughly $1.25 more expensive per gallon today under Biden than it was a year ago under former President Donald Trump didn't happen by accident. This was not a result of a natural disaster, such as a hurricane, that could knock out our oil facilities. This was by design.

The left believes that they can change the temperature of the planet by forcing American energy companies to produce less oil and to force Americans to use less of it. How do you get people to buy less of something? You raise its price. This is basic high-school introductory economics.

Some on the Biden team have inadvertently admitted this. Cornell University professor Saule Omarova, a high-ranking Biden nominee for one of the country's leading regulatory agencies, said she wants to "bankrupt" U.S. oil, gas and coal companies -- and apparently has no problem putting roughly five million Americans into unemployment lines. Biden's appointee to be vice chairman of the Federal Reserve Board, Lael Brainard, was asked at a congressional hearing recently if she thought high gas prices were a problem. She hemmed and hawed and refused to answer with a simple "yes." Instead, she explained that this is a "complicated" issue. How is this complicated?

 

[Kyle]

It's not much of a secret.

 

[HemiHauler]

We who have a sizable equity stake in our domestic shale industry want gas prices higher as well. Because that means crude is high and the higher crude is, the more profitable the domestic shale industry is.

Thanks Donald Trump!!! For all his faults, and there are many, starting the upward run on crude was the best gift he could have given us.

 

[GregV814]

Double H: loudly demonstrating so eloquently proficient that he knows so little. Aristotle

 

[GURPS]

CNBC's Cramer: "This Charade Must End, The Government Must Require Vaccination"


JIM CRAMER, CNBC: With the new Omicron Variant sweeping the globe, how do we finally put an end to this pandemic? How do we save lives and get business back to normal so everybody can put dinner on the table?

Simple, the federal government needs to require vaccines, including booster shots, for everyone in America by, say, January 1st.

There are still some things that need to be done at a national level and this is one of them. But as we brace for another wave of new deaths, it’s time to admit that our government has lost the ability, or the will, to make our people do the right thing. Nobody wants to be the bad guy, so we’ve allowed a pastiche of uncoordinated health organizations to dictate an on-again, off-again series of measures that mostly just leave us baffled and confused.

We haven't centralized the issue to the point the White House seems to take responsibility.




Cramer should stick to stock markets

 

[Grumpy]

Cramer should stick to stock markets

He is, he has stock in big pharma.

 

[Sneakers]

JIM CRAMER, CNBC: With the new Omicron Variant sweeping the globe, how do we finally put an end to this pandemic? How do we save lives and get business back to normal so everybody can put dinner on the table?

Simple, the federal government needs to require vaccines, including booster shots, for everyone in America by, say, January 1st.

Too bad no one knows if the current vaccines are even effective against the new variant.

 

[GURPS]

Too bad no one knows if the current vaccines are even effective against the new variant.

I've got a Grant that says they aren't

 

[GURPS]

CNBC Host: We Should Have Military Enforce Universal Vaccination



On Monday, CNBC’s Jim Cramer ranted that the United States should use the military to enforce universal vaccination to “help win the war on COVID.” The “Mad Money” host also stated that unvaxxed Americans should have to make their argument before a court as to why they should have “conscientious objector” status and be allowed to forgo COVID-19 vaccination.

He went on, this time blaming “antivaxxers” for the continued COVID-19 crisis, as the White House would categorize it. He said:

Even as a vocal, anti-vax minority is always grabbing the mic, this charade must end. The government must require vaccinations. Not of this group or that group, not company by company, not cruise ship by cruise ship, or airline by airline or governor by governor. The buck stops at the White House.

 

[GURPS]

 

[GURPS]

Washington Post mocks DCCC's tweet on gas prices: 'might be the worst defense of the Biden administration yet'


Bump referred to a wildly misleading chart posted on Twitter by the DCCC that praised Biden for lowering gas prices in an effort to quell the widespread frustration over skyrocketing prices at the pump under his presidency.

"Thanks, @JoeBiden," the DCCC’s official account posted along with a graph that had no start date showing gas prices going down by two cents from November 22 to November 29.

Critics immediately pounced on the graphic, with several Twitter users speculating whether it was satire.

Bump called it possibly "the worst defense of the Biden administration yet," pointing out that "Since Biden took office, the price of gas has risen more than a dollar on this same measure."

"You’re not helping, DCCC," he said.

 

[Kyle]

 

[GURPS]

50,000 Records Went Missing From Illegal Immigrant Data To Produce False Impression Backlog Was Shrinking


The disappearance of 50,000 asylum files allowed the Biden administration to “falsely report that its asylum backlog had been reduced this past year when in fact it had markedly grown,” the Transactional Records Access Clearinghouse (TRAC), which is affiliated with Syracuse University, said Thursday.

This and other problems with the data mean that Americans cannot know how — or if — the Biden administration is dealing with the unprecedented deluge of illegal immigrants.

“TRAC has concluded that these flaws, as detailed below, are so serious that the resulting statistics based on these data are not an accurate or reliable indicator of the quantity or characteristics of juvenile cases currently being handled by the Immigration Court,” it said. “The public should be increasingly troubled by the indifference that the Immigration Courts have shown to these issues and should push for improved transparency and accountability.”

 

[GURPS]

 

[GURPS]

 

[GURPS]

After Blaming COVID On Trump, Media Let Biden Dodge Responsibility For Climbing Cases



Once upon a time, long ago, there was an American president who we were told was directly responsible for the spread of a highly contagious, airborne virus. Today, we’re told of the same virus, but with a new president, “Well, whaddya do?”

Remember when containing and depressing the coronavirus was simply a matter of nationwide testing and “contact tracing,” plus the care of a president who wasn’t Trump and who might cry on TV about the lives lost?

Under President Joe Biden, we have all of that, with the added benefit of free and unlimited vaccines. But the virus has continued to spread. We’re currently averaging just under 100,000 new cases, just under 60,000 hospitalizations, and more than 1,000 COVID-related deaths every day.

Ahead of Biden’s inauguration, new cases were in the beginning of a free fall. By late June there were roughly just 11,000 new cases each day. Now we’re averaging almost 10 times that amount.