Pulitzer prize winner Daniel Yergin, now IHS Markit vice chairman and author of "The New Map," says the Biden administration is changing its anti-oil tune, which will return America to energy independence achieved under the Trump administration.
"You've seen this pivot in the Biden administration … how should we put it, indifferent to the oil industry or not very interested in it but in the last few weeks they are suddenly actually saying to the oil industry, ‘oh could you increase production?' because they are worried about inflation, they are worried about … gasoline prices and what the impact will be on the 2022 elections," Yergin explained.
Gasoline prices closed out the year at $3.28 per gallon, down slightly from the seven-year-high hit during the fall. A year ago, prices averaged $2.25,
Commodities such as Oates & Coffee led the way in 2021 with HUGE GAINS, however, Silver DOWN 12%! PLEASE STOP Protecting Banks...PLEASE START Talking About Precious Metals and the OBVIOUS MANIPULATION...BE A PART OF THE SOLUTION! Cheers!
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