Ukraine latest news: Zelensky vows to fight Russia in ‘forests, fields and shores’ – BBC News


0
Advertisements

Copyright: Getty Images

Image caption: Gas prices in the US are at all-time highs

Americans
are paying more at the pump as the conflict in Ukraine escalates and oil
markets respond. Petrol prices have jumped 11% in the past week.

Even
before the Ukraine conflict, prices were climbing after a pandemic slump.

On American
radio and TV, Republicans are lining up to point the finger at President Biden’s
energy policies.

They blame
the administration for halting American oil production. The argument goes that, by not issuing more leases and drilling permits, the government held back
production.

Biden says not so fast. During Tuesday’s press conference, he stressed that
many leases to drill on land and water weren’t being used. In fact, even with
prices surging, companies actually decreased the number of new oil drilling rigs by three last week.

Another
controversial decision involved the construction of the Keystone XL pipeline,
which Biden cancelled on his first day in office. Yet it’s unclear
how the pipeline between Canada and the US would have increased production.

When asked
about this recently, White House press secretary Jen Psaki said: “The
Keystone was not an oil field. It’s a pipeline. Also, the oil is continuing to
flow in, just through other means.”

And the
hope that US shale producers can help fix Europe’s energy problems also runs
into some hard truths – at least in the short term.

To export
gas, you need a facility to convert it into liquefied natural gas before
shipping. Right now, there simply aren’t enough export terminals to handle a
sharp increase in volume.

Still that
won’t stop Republicans in the coming weeks from trying to convince voters that
high gas prices are Biden’s fault.

BBC News


Like it? Share with your friends!

0

What's Your Reaction?

Confused Confused
0
Confused
Cute Cute
0
Cute
Damn Damn
0
Damn
Fail Fail
0
Fail
Fun Fun
0
Fun
Geeky Geeky
0
Geeky
Hate Hate
0
Hate
Lol Lol
0
Lol
Love Love
0
Love
Love-2 Love-2
0
Love-2
Omg Omg
0
Omg
Scary Scary
0
Scary
Vomit Vomit
0
Vomit
Win Win
0
Win
Wtf Wtf
0
Wtf

0 Comments

Your email address will not be published.

Choose A Format
Story
Formatted Text with Embeds and Visuals
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Meme
Upload your own images to make custom memes
Gif
GIF format
Poll
Voting to make decisions or determine opinions
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
List
The Classic Internet Listicles
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Countdown
The Classic Internet Countdowns