That cold, deadly winter may arrive late, but it’s coming, just as Biden predicted; but he was viewing the wrong chart
/Oil traders eye $200 per barrel this month
On Monday, prices to buy call options increased, including at least 200 traded contracts to buy May contracts for Brent futures at $200 a barrel by the end of the month, Bloomberg reported. June Brent contracts also increased as a $150-a-barrel call option doubled just ahead of the weekend and a $180-a-barrel option jumped 110 percent.
But don’t think Biden is doing nothing about this: he’s begging our friends the Saudis to pump more oil, and they’re lifting sanctions on Iran and Venezuela while doubling down on sanctions against our own oil industry because oil from enemy dictatorships doesn’t produce CO2, and American oil does.