Running on Empty

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Unleash Prosperity Hotline
Issue #631
10/06/2022
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1) Running On Empty
The sheer idiocy of the Biden war on American fossil fuels was amplified yesterday when the Saudis announced that they will be CUTTING oil supplies by two million barrels a day in order to bring the price back up to near $100 a barrel – which means $4 to $5 a gallon in the U.S. (Except in California whereas you can see from the sign sent by one of our L.A. residents gas prices are already near $7 a gallon.)

The OPEC announcement comes after many humiliating months of President Biden kneeling prostrate in front of the Saudi oil sheiks and begging them to please, please increase their oil production. The Saudis did just the opposite.

What is sad about this story is that OPEC had become a toothless tiger when Trump was president because of the massive output of made-in-America shale oil and gas. By the end of 2019, the U.S. was the number one producer of oil and gas. Hard to have a cartel when the biggest producer isn’t playing.

Our new CTUP study shows that the U.S. would be producing two to three million MORE barrels of oil a day if the Trump policies were still intact and if ESG policies weren’t bullying companies to divest from fossil fuel development.

In other words, a pro-drilling policy would have not only foiled the OPEC strategy of cutting production by two million barrels a day, but it would have also obviated the need for depleting almost 200 million barrels of oil from our Strategic Petroleum Reserve.

Americans aren’t guzzling less oil, we are just getting more of it from Saudi Arabia, Iran, and OPEC countries. Biden just announced he now wants to get more oil from Venezuela.

Does ANY of this make any sense?

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California Gas Sign Oct. 6, 2022
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2) Who’s Watching The Watchdog?
A Justice Department press release reports:

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These are the people who will be monitoring your tax returns. And now there will be tens of thousands more of them.

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3) Why Kids Were Forced To Be Vaxed To Play School Sports

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The author of the email was Nick Simmons, Senior Advisor to the Secretary, School Reopening and Recovery, U.S. Department of Education. Anything to get 15 year olds to vaccinate.

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4) DC Council Votes 12-1 For Non-Citizen Voting
The bill would open up voting to non-citizens, including illegal immigrants, in local elections.

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The rest of the council had nothing but scorn for the lone dissenter, Democrat Mary Cheh. Cheh said she favored requiring illegal immigrants to be in DC for longer than the bill's 30-day requirement before they can vote.

She dared ask: “Could someone who took the bus from Texas, or was put on the bus from Texas, or wherever, and dropped off at the vice president’s property, and then remained in the District of Columbia for 30 days and was 18 years old — could that person then vote in our local elections?”

The answer was “yes.”

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The bill will next head to the final passage vote and signing by the mayor. It remains to be seen if Congress will step in and block it, or if this latest Democratic fad will be allowed to take hold in the nation's capital.

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5) Feisty Liz Truss Calls For Growth And Prosperity
British Prime Minister Liz Truss may have backed down on lowering the top marginal tax rate this week, but in yesterday’s speech to the annual Conservative party conference she came out swinging against what she called the “anti-growth coalition” opposing the rest of her tax cuts.

She singled out “militant unions,” “affluent pundits who are enemies of enterprise,” “the hard left” and even some in her own party who “taxi from North London townhouses to the BBC studio to peddle the status quo.” Zing.

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6) Don’t Worry Biden Has plan To Refill Oil Reserve

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