.SteveForbesCEO slams President Biden's 'dangerously clueless' energy policy as fuel prices skyrocket. WhatsAhead
The 1970s energy crisis saw oil prices go up more than twelvefold and motorists lining up for gas. But that disaster was the result of a collapsing dollar. There was no shortage of oil. Those lines were created by government-imposed price controls. When the controls were lifted, the lines disappeared. When the dollar was stabilized, oil prices plummeted.
Today, by contrast, there is an ominous paucity of available petroleum. For example, contrary to public impression, OPEC has virtually no spare capacity.Pray for a warm winter!
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | 'Let Biden Be Biden' Isn’t the Solution — It’s the ProblemOpinion: Biden somehow decided during the 2020 election he was the revolutionary figure the country had long been waiting for. His hand has proven anything but steady.
Read more »
First on CNN: Biden administration launches 'unprecedented' operation to disrupt human smuggling as caravan moves northThe Biden administration has launched an 'unprecedented' operation to disrupt human smuggling networks amid an ongoing influx of migrants at the US-Mexico border, Homeland Security Secretary Alejandro Mayorkas exclusively told CNN
Read more »
Biden administration lifts COVID-19 test requirement for international travelNEW: A senior administration official said Friday the CDC will reevaluate the need for the testing requirement every 90 days and it could be reinstated if a troubling new variant emerges.
Read more »
US Treasury Sec. Yellen: Biden Administration looking to make China tariffs more ‘stratetic’President Joe Biden’s Administration is looking to “reconfigure” tariffs imposed on Chinese goods under former President Donald Trump to make them mor
Read more »
Biden Administration Plan To Juice EV Charging Network Aimed At Emulating Gas Station ExperienceThe Biden administration released a proposal to build and standardize the nation's EV charging network. But will it also build EV sales and replicate the gas station experience?
Read more »
Biden administration wants to standardize electric vehicle charging, like gas stationsEvery gas station is essentially the same -- the nozzle fits every vehicle, the pump takes common credit cards and the price is posted on a big sign. The Biden administration wants to make electric vehicle charging stations a lot more like that.
Read more »