- As of this morning, front month U.S. April crude futures traded up to $116 per barrel. This is a big contributing factor to the highest inflation in forty years.
- Yesterday, OPEC+ met and declined to increase production more than originally planned. Also, President Biden's calls to the Saudi's have been rebuffed.
- The solution is readily at hand and President Biden needs to use his Scranton charm and call the U.S. Shale CEOs. They will answer the call.
For further details see:
President Biden's Best Chance To Fight Oil Driven Inflation Is To Call U.S. Shale CEOs