Morning Jolt: Welcome to the Consequences of Your Actions, Democrats

On the menu today: Democrats are "seething" about the decision by OPEC+ to cut oil production by 2 million barrels per day, but they wouldn't be in this mess if they had embraced policies designed to expand U.S. oil production and refinery capacity. (Few people noticed, but the oil from the Strategic Petroleum Reserve releases had to be sent to Asia and Europe to be turned into usable gasoline.) Meanwhile, Joe Biden keeps getting sand kicked in his face by Crown Prince Mohammed bin Salman, and there's more evidence suggesting that New Hampshire Republicans have thrown away about as winnable a U.S. Senate race as you're going to find.

A Failure to Insulate from OPEC+

Politico reports that Democrats are "seething" about the decision by OPEC+ to cut oil production by 2 million barrels per day.

Well, fellas, if you don't want OPEC+ to be in a position where it can influence U.S. gasoline prices a month before the election, you need policies that minimize the U.S. market's dependence upon the ...

TODAY'S MORNING JOLT WITH JIM GERAGHTY IS PRESENTED BY

WITH JIM GERAGHTY October 06 2022 WITH JIM GERAGHTY October 06 2022 Welcome to the Consequences of Your Actions, Democrats On the menu today: Democrats are "seething" about the decision by OPEC+ to cut oil production by 2 million barrels per day, but they wouldn't be in this mess if they had embraced policies designed to expand U.S. oil production and refinery capacity. (Few people noticed, but the oil from the Strategic Petroleum Reserve releases had to be sent to Asia and Europe to be turned into usable gasoline.) Meanwhile, Joe Biden keeps getting sand kicked in his face by Crown Prince Mohammed bin Salman, and there's more evidence suggesting that New Hampshire Republicans have thrown away about as winnable a U.S. Senate race as you're going to find. A Failure to Insulate from OPEC+ Politico reports that Democrats are "seething" about the decision by OPEC+ to cut oil production by 2 million barrels per day. Well, fellas, if you don't want OPEC+ to be in a position where it can influence U.S. gasoline prices a month before the election, you need policies that minimize the U.S. market's dependence upon the ...   READ MORE

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