[tomder55]

Clueless came in and immediately put a halt on the Keystone XL pipeline . He suspended new drilling leases . He pledged to reduce greenhouse gasses by 50% by the end of an 8 year term.

Imagine now if you are an oil executive having to plan out the next decade . Would you commit to investment in new drilling and developing new oil fields ?

December oil was @ $65 bb . Today it is above $90 bb Average price at the pump is at a 7 year high . Future oil supplies are trading as high as $120 bb. And this as we presumably are coming out of our long self imposed economic slow down due to covid . If anything ,demand will increase as we resume normal lives .

Clueless ;abandoning Green New Deal lingo begged producers ,both domestic and OPEC ,to pump baby pump while at the same time rhetorically attacking the domestic energy industry . Energy Sec Jennifer Granholm, glibly laughed off a question in November about increasing U.S. production and falsely claimed that OPEC sets production. She is now pleading with domestic producers to "get your rig count up!"

The Saudis are capable of complying. But we have been burning that bridge with Clueless considering the Crown Prince a pariah and the State Department issuing visa restrictions on 76 Saudis .
Russia's oil infrastructure is a decaying crumbling mess . So they will not change the global price .

When you look at the price at the pump today you may look at today as the good old days . Californians are already up well over $4 a gallon. They aint seen nothing yet.

Oil prices have a huge impact on the price of almost everything else in this country .
The cost of oil can consume as much as 20% of the income of low income Americans . As usual the Dems policies have the biggest negative impact on the poor of the country .

And why would the party of the Squad about face about oil ? Well the mid-terms are right around the corner . It is getting late early.

[jlisenbe]

A red wave cannot arrive too soon.

[tomder55]

The House is pretty much a sure thing . I'm not as confident in the Repubs ability to take the Senate ....especially if the rigged rules of 2020 remain .
Here are some challenging seats

PA Pat Toomey is retiring making that seat open

Ga Warnock won a special election in 2020 but has to run again this year . I don't trust the Ga system .

Ohio Rob Portman is retiring . Ohio has always been a key swing state .

NH Repubs thought Chris Sununu would run .But he opted instead to seek reelection as Guv meaning that if he wins he will be a challenger for the Repub President primary.

Arizona Mark Kelly is in the same situation as Warnock . But Trump is complicating
the race there by attacking the probable GOP candidate

NC Richard Burr retiring makes this an open seat. The state is a purple state now .

Missouri Roy Blunt is retiring making his an open seat . It is probably safe Repub however .

Alaska . Trump is knee capping Murkowski after her vote to impeach him. Trump is endorsing Kelly Tshibaka in a primary challenge .

Alaska has a weird primary/election procedure . It is a nonpartisan primary that will send the top four vote getters to a general election that will be determined by the convoluted ranked -choice ballot method .

Ranked-choice voting (RCV) - Ballotpedia