OPIS chief oil analyst Tom Kloza discusses the impact of the Russia-Ukraine conflict on the oil and gas industry.administration on Wednesday continued to emphasize its strategy of urging other oil-producing nations to increase output as part of its plan to combat the surging energy prices that continue to climb in the U.S., helping fuel historic inflation.
"We have been in touch with allies and partners, with suppliers out there on the global stage for weeks now in preparation for a range of impacts of, you know, in anticipation of an invasion or actually an impact of an invasion both for natural gas and oil prices on the market," Psaki said, referring to the possibility of Russia invading Ukraine and causing further strain.
Foreign oil production reduces green house gases.
What a joke
Embarrassing! Biden cancels a major U.S. Pipeline, openly supports one across Europe from Russia, and thinks three day’s worth of oil supply released from the National Petroleum Reserve will lower gas prices. Do we actually have a national energy policy?
Democrats are all about 'DEPENDANCY'!
When we had energy independence just a few years ago. Gas was half the price
What a crap show!
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