President Joe Biden solemnly declared today that he stands with Israel against the terrorists. Great. But his actions in the White House have facilitated these homicidal attacks by financing our enemies. This was so predictable and avoidable.
As a consequence, the latest Committee to Unleash Prosperity energy report finds that U.S. oil output is roughly 2 million barrels a day below the Trump policy trend line. At today's price of $85-$90 a barrel, this means the U.S. is losing about $175 million a day in energy output. How do you like to pay $4 to $5 a gallon at the pump?We have known for 50 years that terrorist organizations like Hamas are primarily financed with petrodollars.
Of course, increasing America's vulnerability and our capability to respond to these terrorist attacks against Israel is that the U.S. strategic petroleum reserve has been nearly depleted under Biden. We are starting this conflict behind the eight ball.