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IPFS News Link • Biden-Harris Deep Fake Administration

Biden is DESTROYING the U.S. fossil fuel industry and handing over refining market to "dirty...

• https://www.naturalnews.com, by: Ethan Huff

Here in the U.S., such destruction is occurring at the hands of fake president Joe Biden, who is actively selling off the U.S. fossil fuel industry, including the entire refining market, to "dirty" China.
America's energy infrastructure and resources are in such disrepair, and refining capacity constantly declining, that any disruptions – this includes the smallest supply chain hiccup or delay – will send energy prices into a tailspin of wild and extreme volatility.

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.

"The market is overly sensitive to any unexpected supply disruption anywhere," says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world's largest independent commodities trading houses. "Everyone knows there's no plan B. We have no stocks, and we have no excess capacity anywhere."

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) "pandemic," many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.


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