From article Sen. Hagerty: Biden Admin Lit Inflation Fuse. Jack Gournell. March 20, 2022.

Sen. Bill Hagerty, R-Tenn., says the Biden administration's $1.9 trillion American Rescue Plan and war on American domestic energy production is to blame for record inflation levels.

"The Biden administration on day one launched a war against domestic energy here in America," Hagerty stressed Sunday to "The Cats Roundtable" radio show on WABC 770 AM, hosted by John Catsimatidis.

..

"The day Biden came into office he canceled the Keystone pipeline permit and stopped drilling offshore and on federal lands.

He basically sent a very clear message to the capital markets this administration was not going to support any sort of investment in the oil and gas industry," Hagerty said.

"Global energy prices have increased dramatically," the congressman continued.

"And one of the biggest beneficiaries of this is, guess who? Vladimir Putin.

Putin has been able to use this windfall from Biden's shortsighted domestic energy policy to fuel his war machine that he has now unleashed on Ukraine. It's unbelievable that America would find itself in a situation where we are actually fueling the fire."

According to Bloomberg, Pierre Andurand, a French commodities trader, sees oil hitting $200 a barrel.

"I don't think that suddenly they stop fighting, the oil comes back," Andurand told reporters.

"It's not going to be the case. The oil's going to be gone for good. We'll have to live with higher prices to keep demand down."

Andurand believes so far, 4 million barrels of oil per day have been sidelined since Russia invaded Ukraine.

(end of article)

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A posted comment:

“Outsider Trump gets elected to office. The result was cheap gas, cheap food, energy independence, no wars and focused on our country’s own issues. Establishment hacks led by Biden get back in, and we get inflation, crashed economy, medical tyranny, WW3, and need to secure a loan to buy gas.”

The current period of natural, cyclical rising temperatures back to geological historical average is timely, magic and a dream for our negative misery-aspiring Democrats.

We and They see and know zat dem anti-economy grow, penury-equality-aspiring misery-wuvver (we’re united victims and victimizers) socialists here and everywhere have been disappointed by the past repeated failures of socialism dictatorship to take hold and wrest freedom, prosperity, and happy from the U.S. and drive All us down and back to miserable Old.

Global warming has been seized upon and is being turned into an effective tool for reaching their now-within-reach goal of total miserable global socialism.

About half of us actually are enjoying the current abundance of misery including high gas prices and want more misery so the November elections will likely be close no matter how bad things get, don’t expect any blue states to flip to red.

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