24 hours before Joe Biden announced he was cancelling all previously issued oil and gas leases in Alaska’s ANWR region, Saudi Arabia and Russia announced oil production limits would continue. Oil prices spiked near $100/bbl and then Joe Biden amplifies the problem by cancelling previously sold oil and gas leases.
There’s no other way to look at the timing here, other than to accept this is Joe Biden intentionally driving up the cost of domestic energy in the U.S. and creating as much pain as possible.
