Uncategorized

U.S. oil reserve release meant to help Democrats?

Published

8 months ago

October 20, 2022

15 million barrels will be released from nation’s oil reserve

The Biden administration announced that they will release of 15 million barrels of oil from the country’s Strategic Petroleum Reserve in an effort to lower fuel prices.

Last week, leading OPEC, the Saudi government rejected appeals from the U.S. and moved forward with cutting oil production.

This came after news broke that the Biden administration urged Saudi Arabia to delay reducing their oil production by one month—which would push the change off until after the midterm elections.

The decision is expected to cause gas prices to spike in the U.S. before Election Day.

On Wednesday, U.S. President Joe Biden announced the release would lower gas prices and strengthen domestic oil production.

As the President wrapped up his remarks at the White House, a reporter shouted out at him, “What is your response to Republicans who say you are only doing this SPR release to help Democrats in the midterms?

“Where have they been the last four months? That’s my response,” Biden said, sarcastically.

Another reporter asked, “Is it politically motivated, sir, three weeks before the midterms?”

Biden responded, “No, it’s not. Look, it makes sense. I’ve been doing this for how long now? It’s not politically motivated at all. It’s motivated to make sure that I continue to push on what I’ve been pushing on.”

Additionally, the release comes as the administration has been meeting with executives from oil company to try and negotiate ways to lower fuel prices ahead of the midterm elections.

Inflation—driven by high energy prices—is a key issue in this year’s elections.

Insight

Interest addictions

Published

1 month ago

April 27, 2023

With rising rates, people should be encouraged to put away money, so they can see their savings grow

With interest rates all over the world being very low, people have been receiving almost nothing in return for keeping their money in the bank.

However, this has all changed due to inflation rising, and saving accounts now starting to pay something.

Now, the buffer has started to get bigger and bigger, to the point where savers are becoming addicted to the earned interest.

Uncategorized

The Presidential rematch may be on

Published

1 month ago

April 26, 2023

ticker NEWS

Joe Biden has announced he will contest the 2024 U.S. election

The 2024 U.S Presidential election may be 500 days away…

And Americans are digesting Joe Biden’s announcement that he’s running for a second term.

What sort of reasons are Republicans telling Americans to not vote for him, and how are Democrats preparing their campaign to ensure Biden can stay in office for another four years?

Bruce Wolpe from the U.S. Studies Centre joined to discuss.

Uncategorized

Why Elon Musk was booed on stage

Published

6 months ago

December 13, 2022

Holly Stearnes

New Twitter boss Elon Musk did not receive the warmest welcome at Dave Chappelle’s recent comedy show

Elon Musk appeared embarrassed at Dave Chappelle’s recent San Francisco comedy show, when the audience began booing him.

A mixed reaction from audience members at the show. Some cheered as Chappelle welcome Musk onto the stage, but it was impossible to notice many booing him.

It’s no surprise though, given San Francisco is the home of Twitter HQ, and the place where Musk just fired thousands of staff.

It comes as the controversial new boss makes drastic changes to the social media platform.

“Sounds like some of those people you fired are in the audience….

Don’t say nothing. You hear that sound, Elon? That’s the sound of pending civil unrest.”
dave chappelle, comedian

After trying to joke his way around the awkwardness for Musk, Chappelle finished the show with some words of wisdom and a prayer.

“Booing is not the best thing you can do. I wish everybody in this auditorium the joy of feeling free and may your pursuit of happiness set you free. Amen.”

However, Musk has since responded to the booing from the crowd insisting it “was 90% cheers & 10% boos (except during quiet periods), but, still, that’s a lot of boos, which is a first for me in real life (frequent on Twitter).”