Pubblicato in: Devoluzione socialismo, Psichiatria

Biden. La guerra proseguirà ‘as long as it takes’ anche con 380 dollari al barile.

Giuseppe Sandro Mela.

2022-07-07.Biden 013

 Il presidente degli Stati Uniti Joe Biden ha detto che gli americani dovranno sopportare i prezzi elevati del gas “fino a quando sarà necessario” per respingere l’invasione dell’Ucraina da parte del presidente russo Vladimir Putin.

Fino a quando sarà necessario, in modo che la Russia non possa di fatto sconfiggere l’Ucraina e andare oltre l’Ucraina.

Il prezzo medio nazionale della benzina ha toccato un record questo mese, superando i 5 dollari al gallone, anche dopo che Biden ha ordinato una storica liberazione dalle riserve statunitensi all’inizio di quest’anno.

I prezzi alla pompa sono stati uno dei principali motori dell’inflazione, che ha rappresentato un grosso grattacapo politico per l’amministrazione Biden.

Gli americani hanno citato l’inflazione – che in primavera ha toccato un massimo di quattro decadi – come la loro principale preoccupazione in vista delle elezioni di metà novembre.

I democratici perderanno probabilmente il controllo del Congresso. Lo scenario peggiore diventerà ancora più probabile se gli Stati Uniti entreranno in recessione.

Un sondaggio dell’Associated Press-NORC Center for Public Affairs Research, pubblicato mercoledì, ha rilevato che l’85% degli adulti afferma che il Paese è sulla strada sbagliata, con il 79% che descrive l’economia come “scarsa”.

Nello stesso sondaggio, il 67% dei democratici ha giudicato pessime le condizioni economiche.

Biden ha chiesto al Congresso di sospendere la tassa federale sul gas per tre mesi, ma la proposta ha incontrato la resistenza dei principali legislatori democratici.

I prezzi globali del petrolio potrebbero raggiungere la “stratosferica” cifra di 380 dollari al barile se le sanzioni statunitensi ed europee dovessero spingere la Russia a imporre tagli alla produzione di greggio come ritorsione.

Ma data la solida posizione fiscale di Mosca, la nazione può permettersi di tagliare la produzione giornaliera di greggio di 5 milioni di barili senza danneggiare eccessivamente l’economia.

Un taglio di 3 milioni di barili alle forniture giornaliere spingerebbe i prezzi di riferimento del greggio di Londra a 190 dollari, mentre lo scenario peggiore di 5 milioni potrebbe significare la “stratosferica” cifra di 380 dollari”.

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«US President Joe Biden said Americans will have to stomach high gas prices “as long as it takes” to beat back Russian President Vladimir Putin’s invasion of Ukraine»

«As long as it takes, so Russia cannot in fact defeat Ukraine and move beyond Ukraine»

«The national average gasoline price hit a record this month above $5 a gallon, even after Biden ordered a historic release from US reserves earlier this year»

«Prices at the pump have been a main driver of inflation, which has been a major political headache for the Biden administration»

«Americans have cited inflation — which hit a four-decade high this spring — as their primary concern heading into November midterms»

«Democrats will likely lose control of Congress. That worst-case scenario will become even likelier if the US. goes into recession»

«An Associated Press-NORC Center for Public Affairs Research  poll released Wednesday found that 85% of adults said the country was on the wrong track, with 79% describing the economy as “poor»

«In that same poll, 67% of Democrats deemed economic conditions as bad»

«Biden has called on Congress to suspend the federal gas tax for three months, but that proposal was met with resistance from key Democratic lawmakers»

«Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts»

«But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy»

«A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude»

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US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says

– National average gasoline price topped $5 a gallon this month

– President said he’ll ask Gulf allies to boost oil production

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US President Joe Biden said Americans will have to stomach high gas prices “as long as it takes” to beat back Russian President Vladimir Putin’s invasion of Ukraine. 

“As long as it takes, so Russia cannot in fact defeat Ukraine and move beyond Ukraine,” Biden told reporters Thursday in Madrid, in response to a question about how long high gas prices might persist. His comments echoes those of U.K. Prime Minister Boris Johnson, his closest geopolitical ally and one who is facing similar pressures back home about the cost-of-living crisis.

The national average gasoline price hit a record this month above $5 a gallon, even after Biden ordered a historic release from US reserves earlier this year. Prices at the pump have been a main driver of inflation, which has been a major political headache for the Biden administration. 

Biden said he’ll ask allies in the Persian Gulf region to boost oil production when he meets with them during a trip to Saudi Arabia next month, though he pointedly refrained to say he’d ask the country’s de-facto leader to directly when he meets de-facto ruler, Crown Prince Mohammed Bin Salman, in person next month.

Biden’s latest comments about inflation — which amount to telling voters that they need to brace themselves for the long haul — are unlikely to play well. 

Americans have cited inflation — which hit a four-decade high this spring — as their primary concern heading into November midterms. Democrats will likely lose control of Congress. That worst-case scenario will become even likelier if the US. goes into recession. Concerns about such a downturn are growing daily.

An Associated Press-NORC Center for Public Affairs Research  poll released Wednesday found that 85% of adults said the country was on the wrong track, with 79% describing the economy as “poor.” 

In that same poll, 67% of Democrats deemed economic conditions as bad.

The White House has taken pains to show it is trying to solve the inflation quandary — by tackling supply chain snarls, releasing extra barrels of oil from the strategic petroleum reserve and lifting the ban of E15 gas during the summer. 

Biedn has called on Congress to suspend the federal gas tax for three months, but that proposal was met with resistance from key Democratic lawmakers. 

Biden aides have tried to point to the strong labor market and low unemployment rate as the major bright spot of the economy — and evidence of their strong stewardship of the U.S. during Covid.

So far, that hasn’t worked.

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JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut

(Bloomberg) — Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.

The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.

For much of the rest of the world, however, the results could be disastrous. A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude, the analysts wrote.

“The most obvious and likely risk with a price cap is that Russia might chose not to participate and instead retaliate by reducing exports,” the analysts wrote. “It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. The tightness of the global oil market is on Russia’s side.”