OPEC, gas prices to increase

Gas Prices To Increase Under Biden’s Influence; Saudi Arabia To Reduce Oil Production

April 4, 2023 DT 0

Under the presidency of Joe Biden, the relationship with Saudi Arabia has deteriorated. On Sunday, Saudi Arabia announced that it would lead OPEC, the Organization of the Petroleum Exporting Countries, including Russia, to reduce production by over one million barrels per day beginning next month. The result would be higher gas prices in the U.S. will most likely lead to higher inflation.

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Here Is What Joe Biden Got Wrong In His State Of The Union Address

February 8, 2023 DT 0

President Joe Biden made several incorrect or outright false claims during his opening comments at Tuesday night’s State of the Union address. In his opening remarks, Biden made several exaggerated statements about the State of the economy, including that he had produced a record “12 million new jobs.”

The Majority of Voters are Now Leaning Republican

October 20, 2022 DT 0

There is a more significant concern about the economy than ever before, and voters believe Republicans will be able to fix it. A recent New York Times and Siena College survey reveals that most Americans are anxious about the economy.

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Is it a Recession Yet?

August 4, 2022 DT 0

In the U.S. services sector, business activity declined at the fastest since May 2020, signaling the economy may be in recession already. According to S&P […]