The Breakdown cover image

Why Energy Is the Most (Geo)Political Market, With Tony Greer

The Breakdown

00:00

The Biden Administration's Attack on Supply Means the Price Is Going to Go Up

The president came into office saying that he was going to end fossil fuels. And so basically he came in and has been doing everything in that direction, which caused the tremendous spike in the price of gasoline, diesel fuel, WTI crude oil. That started literally you can draw a line directly on the charts to election day when the Biden administration started that attack on supply. So instead of loosening up some of the restrictions on drilling or something like that, he is pivoted toward our enemies and asking them for oil.

Play episode from 06:11
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app