ProPublica 23 Times More Likely To Attack Conservatives Than The Left, New Analysis Finds

Energy News Beat

A new report has found that ProPublica, which bills itself as “an independent, nonprofit newsroom that produces investigative journalism with moral force”, is actually bankrolled by Democrats and attacks conservatives 23 times more than the left. 

An analysis recently published by Restoration of America (ROA) found, after reviewing more than 700 ProPublica articles published between January 2022 and September 2023, that it is “23 times more likely to attack conservatives than the Left.”

The analysis reads: “Of the 716 articles reviewed, 242 were politically slanted, with a large disparity between anti-liberal and anti-leftist pieces. In total, 232 were anti-conservative and 10 were anti-left.”

The political leanings of ProPublica’s team seem to align with the organization’s reported figures, as an examination by ROA found a significant number of the staff to be registered Democrats, according to The Federalist. Out of the 65 staff members whose political affiliations were ascertainable, 35 in total, 27 were registered as Democrats, in contrast to just three who were registered Republicans.

The ROA report adds: “Consider that ProPublica is often characterized as a nonprofit ‘watchdog’ rather than as a partisan group by left-leaning and ‘mainstream’ publications, if it’s characterized at all. Contrast that with these same publications’ treatment of conservative groups as biased, partisan, or ideologically motivated. That’s a credibility it doesn’t deserve.”

The Federalist reported that ProPublica has been accused by some observers of participating in partisan campaigns, notably against conservative Supreme Court justices. The outlet has published several pieces on Justices Clarence Thomas and Samuel Alito, accused by some of attempting to cast ethical aspersions on these judges without substantial proof

Politico has similarly been implicated in these efforts, targeting Justice Neil Gorsuch.

The Federalist also notes that beyond staff political affiliations, ProPublica’s funding sources have also drawn attention. Reports indicate that ProPublica has received significant funding from The Sandler Foundation, a benefactor of left-leaning initiatives, contributing close to $50 million since 2010.

The Sandler Foundation has also donated to other progressive organizations, such as the Campaign Legal Center and the American Constitution Society, both of which have been critical of conservative judicial figures. The Federalist writes:

According to the report, ProPublica’s biggest donor is The Sandler Foundation, an organization that’s backed numerous left-wing causes and has given ProPublica nearly $50 million since 2010. Since 2015, The Sandler Foundation has given $7.5 million to the Campaign Legal Center (CLC), a left-wing organization funded by leftist billionaire George Soros that “focuses on strict enforcement of campaign finance laws.” According to ROA, ProPublica has also received millions of dollars ($3 million) from the Foundation to Promote Open Society, another Soros-backed group.

American Constitution Society (ACS), which has been described as “the Left’s answer to the Federalist Society,” has also received millions from the Sandler group in recent years.

Another prominent ProPublica donor is the Marisla Foundation, which in addition to giving more than $2 million to ProPublica, has given roughly $1 million to the Center for Responsibility and Ethics in Washington, or CREW. As described by ROA, CREW is a “legal advocacy group connected to Republican-turned-Democrat strategist David Becker’s partisan Super PAC American Bridge 21st Century,” and has “worked to remove Thomas from his position” on the high court.

Finally, the ROA highlighted that ProPublica’s critical coverage of conservative Supreme Court justices frequently includes perspectives from officials of certain progressive organizations.

For instance, in an article critical of Justice Thomas, ProPublica referenced Nancy Gertner, a former federal judge appointed by Bill Clinton, but failed to mention her role with the American Constitution Society. Additionally, ProPublica has sourced commentary from Kedric Payne of the Campaign Legal Center, an ethics watchdog, who has appeared before the Senate Judiciary Committee to discuss Supreme Court ethics, particularly concerning Justice Thomas.

Given all of that being exposed, one can’t help but wonder if that’s why they suddenly decided to go after Warren Buffett today?

“See, we do go after non-conservatives too…” We can hear the spin now.

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Stocks Tumble, Yield Surge After Catastrophic 30Y Auction Stops With Biggest Tail On Record As Foreign Demand Craters

Energy News Beat

Complete disaster.

That’s the only way one can describe today’s 30Y auction, which many expected could be challenging after a mediocre 3Y and a subpar 10Y auction earlier this year, but nobody expected… this.

The bond priced at a high yield of 4.769%, which was below last month’s 4.837%, and just shy of the April 2010 high. But more importantly, it tailed the When Issued by a whopping 5.3bps, which was… well… terrible, because as shown in the chart below, this was the biggest tail on record (going back to 2016).

The bid to cover was just as bad: at 2.236 it was the lowest since Dec 2021.

The internals were even worse as foreign bidders (Indirects) tumbled from 65.1% to 60.1%, the lowest since Nov 2021, and with Directs taking down only 15.2%, banks (Dealers) were forced to step up and take the balance, or a whopping 24.7%, double the recent average of 12.7%, and the highest since Nov 2021.

This is a big warning flag because every time we have seen a surge in Dealer takedowns, some sort of Fed intervention – QE or otherwise – has usually followed and we doubt this time will be different.

So what happened? Well, maybe the bond market read our note from earlier this week in which we explained “How Treasury Averted A Bond Market “Earthquake” In The Last Second: What Everyone Missed In The TBAC’s Remarkable Refunding Presentation.” It may be difficult to fool the bond market for a second time.

The market reaction to the catastrophic 30Y auction was immediately, sparking a swift and painful response across markets with bonds and stocks hammered lower and the dollar spiking.

Treasury yields  – as you would expect – exploded higher, with 30Y Yields back up to pre-payrolls levels…

That is the biggest spike in 30Y yields since March 2020…

But the entire curve is higher in yields…

Stocks tanked…

Regional bank stocks tumbled…

The dollar ripped back up to pre-payrolls levels…

Finally, we note that this ugly auction comes as Treasury Liquidity is evaporating dramatically…

The Fed (and The Treasury) have a problem!!

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Ukraine ‘has no Russian minority’ – deputy PM

Energy News Beat

The EU is not pressuring Kiev to protect the Russian language, the minister in charge of integration has claimed

The European Commission cannot have complaints about discrimination against the ethnic Russian minority in Ukraine because there is no such section of the population, Kiev’s deputy prime minister for European integration, Olga Stefanishina, has claimed.

Some EU members have raised concerns over Ukraine’s treatment of ethnic minorities under laws adopted since the 2014 armed coup in Kiev, including the government pushing the use of the Ukrainian language through education and media regulations.

However, speaking at a press conference on Thursday, Stefanishina insisted that “there is no Russian minority in Ukraine. It does not exist. There is not a single judicially defined community identifying itself as a Russian minority.”  

She added that “when I want to, I speak Ukrainian, and when I want otherwise, I speak Russian.” Stefanishina claimed she did not need permission to do that from the EU or “Moskals” – a pejorative term used by some Ukrainians to describe Russians. The politician further stated that officials in Brussels shared her stance.

On Wednesday, the European Commission recommended that talks should begin on Ukraine’s accession to the EU. The commission’s president, Ursula von der Leyen, argued that Kiev had made strides on implementing certain reforms on minority issues.

Stefanishina’s remarks apparently confirm reports in the Russian media on Wednesday, which claimed that Brussels had chosen to ignore allegations of anti-Russian discrimination in Ukraine.

“Let me be absolutely clear: the use of the Russian language is not something that the European Commission will pay attention to,” an EU source was quoted by RIA Novosti as saying.

EU recommendations regarding language policy will only apply to Hungarians, Romanians, and Bulgarians, the source claimed, adding that Kiev was moving forward on meeting those demands.


READ MORE:
Kiev’s top university bans Russian language courses

In a recent example of a language row, a Russian-speaking driver in Kiev was banned by a rideshare service operator after he rejected demands by two passengers to speak Ukrainian. A video of the incident went viral in late October and drew the attention of language ombudsman Tarask Kremen, who vowed that the defiant driver “will not escape punishment.” 

In a survey conducted in September by the Kiev International Institute of Sociology at the EU’s request, respondents cited language discrimination as the most common type of prejudice in Ukraine, with 45% saying it was a problem.

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Oil sputters near three-month lows as demand concerns mount

Energy News Beat

Today

Oil prices remained under pressure on Wednesday after sliding to their lowest in more than three months in the previous session, slipping further on concern over waning demand in the United States and China.

Source: Reuters

Brent crude futures dipped 8 cents to US$81.53 a barrel by 0914 GMT while U.S. crude lost 20 cents to US$77.17. Both had dropped on Tuesday to their lowest since July 24.

“The market is clearly less concerned about the potential for Middle Eastern supply disruptions and is instead focused on an easing in the balance,” ING analysts Warren Patterson and Ewa Manthey said in a note to clients, referring to tight crude supply conditions.

Crude oil production in the United States this year will rise by slightly less than previously expected but demand will fall, the U.S. Energy Information Administration (EIA) said on Tuesday.

The EIA now expects total U.S. petroleum consumption to fall by 300,000 barrels per day (bpd) this year, reversing its previous forecast of a 100,000 bpd increase.

U.S. crude oil stocks rose by almost 12 million barrels last week, market sources said late on Tuesday, citing American Petroleum Institute figures. [API/S]

The EIA will delay the release of weekly inventory data until the week of Nov. 13.

Adding to fears of weakening global demand, data from China, the world’s biggest crude oil importer, showed its total exports of goods and services contracted more quickly than expected.

That reflects “a struggling domestic and global economy, which adversely affects the oil balance”, said Tamas Varga of oil broker PVM.

However, China’s October crude oil imports showed robust growth and its central bank governor said on Wednesday that the world’s second-biggest economy is expected to hit its gross domestic product growth target this year. Beijing has set a target of about 5per cent growth this year.

Tempering supply concerns, analysts from Goldman Sachs estimated seaborne net oil exports by six countries from oil producer group OPEC will remain only 0.6 million bpd below April levels. OPEC has announced cumulative production cuts amounting to 2 million bpd since April 2023.

In more bullish news for crude prices, OPEC expects the global economy to grow and drive fuel demand despite economic challenges including high inflation and interest rates.

(Reporting by Paul Carsten, Stephanie Kelly and Muyu XuEditing by David Goodman)

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Politician survives ‘execution-style shooting’ in EU state

Energy News Beat

Spanish party official Alejo Vidal-Quadras survived the incident and has been transported to hospital, reports say

Alejo Vidal-Quadras, the former leader of Spain’s center-right People’s Party in the region of Catalonia, was shot in the face in the wealthy Salamanca area of Madrid on Thursday afternoon, police have stated. The 78-year-old survived the incident, reports say, and has been transported to a hospital in the Spanish capital.

The incident, described in media reports as an execution-style shooting,” is thought to have been carried out by a single gunman at a point-blank range, who escaped from the scene on a motorcycle, according to The Mirror. The shooting occurred at about 1.30pm local time (2.30pm GMT), Reuters said.

Police have requested that any dash cam or security cameras that may have captured the shooting be handed over to authorities in a bid to identify the suspect.

Vidal-Quadras, who was conscious when transported to hospital, is undergoing emergency surgery, ABC.es reported. He was shot shortly after leaving a mass, the publication added, and was on his way to a demonstration at the nearby European Parliament headquarters.


READ MORE:
Another Ecuadorian politician shot dead

In the hours before the shooting, Vidal-Quadras had posted on social media about a possible amnesty for Catalonian separatists if they would offer support to a new socialist-led government in Madrid. The “infamous pact,” Vidal-Quadras said, would “crush the rule of law in Spain” which he said would turn the EU country into a “totalitarian tyranny.”

He added that “we Spaniards will not allow it.”

Police sources have confirmed to the EFE news agency that, despite Vidal-Quadras surviving the shooting, the incident is being investigated by a homicide unit. No arrests have yet been made.

EFE also reported that authorities are probing whether the shooting “was commissioned by a professional.”

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Airline to honor $1.37 flights after booking glitch

Energy News Beat

The error coincided with the lead-in to China’s busiest period of the year for online shopping

China Southern Airlines has pledged to honor tickets sold for as little as $1.30 during a two-hour error on its mobile-phone app and other ticket-booking platforms on Wednesday.

“All tickets sold by China Southern Airlines during the system abnormality on the evening of November 8 (successfully paid and issued) are all valid and can be used by passengers normally,” the air carrier said in a statement on its website on Thursday.

Word quickly spread on Chinese social media late on Wednesday after consumers noticed unusually low airfares to and from the southwest city of Chengdu in the Sichuan province were available on the airline’s official booking app. The cheap flights were also temporarily available on some third-party booking platforms.

Some of the prices ranged from as little as ten, 20 or 30 yuan ($1.37 to $4.12), with one screenshot posted online showing a flight from Chengdu to Beijing available for just ten yuan. The usual price for the trip is around 400 to 500 yuan ($55 to $69).

On top of the low prices, buyers were also required to pay at least 110 yuan ($15) in airport fees and fuel surcharges.

Additionally, other users highlighted the three-hour, 1,030-mile trip between Chengdu and Shanghai also available for ten yuan – significantly less than the one-way airfare of 2,000 yuan ($275) for the same journey on the booking website trip.com.

Details posted online by consumers appeared to show that the glitch lasted for about two hours before it was remedied by the airline. The error coincided with the lead-in to ‘Singles Day’ on November 11, an unofficial holiday and shopping season that celebrates persons who are not in a romantic relationship. It is traditionally China’s busiest period of the year for online shopping.

China Southern is one of the traditional ‘Big Three’ in the country’s airline industry, alongside Air China and China Eastern Airlines. Earlier this month, China Southern disclosed financial earnings for the first nine months of 2023 which showed a return to profitability for the airline, citing lower oil prices and a reduced depreciation of the yuan.

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American singer gives India a ‘lesson on democracy’

Energy News Beat

Mary Millben, who performed the Indian anthem during Modi’s visit to the US this year, has criticized the head of the Bihar state for his remarks on women

Mary Millben, a US singer from Oklahoma, has slammed Nitish Kumar, the chief minister of the Bihar state in India, for saying women’s education allegedly brings down the fertility rate in the area.

Kumar caused outrage in India while speaking at the Bihar state assembly on Tuesday, after saying that “the fertility rate in the state has come down from 4.3% to 2.9%, due to the education of women.”

An educated woman is able to ensure that sex does not necessarily end in pregnancy, which helps keep the population in check,” he added.

In a post on X (formerly Twitter), Millben wrote that “India faces a defining moment” in which the “value of women is being challenged” in Bihar. She called on a “courageous” woman in the Indian state to step up and declare her candidacy to run for Kumar’s role, claiming she would do so herself if she could.

After Chief Minister #NitishKumar Ji’s comments, I believe a courageous woman needs to step up and declare her candidacy to run for Chief Minister of Bihar. If I were a citizen of #India, I would move to Bihar and run for Chief Minister,” the singer wrote on Twitter.

I believe the time is now for Nitish Kumar to resign and for an Esther to arise in Bihar,” she added, after invoking a Biblical allegory in which a woman named Esther takes her rightful place as queen. Making a direct appeal to the people of Bihar, she said, “[You] have the power to vote in a woman, to vote in change … for such a time as this.”

Kumar’s comments triggered an intense backlash from the leaders of the ruling Bharatiya Janata Party (BJP), who called for his resignation.

Indian Prime Minister Narendra Modi himself seemingly hit out at Kumar while addressing a political rally in the Madhya Pradesh state. “He has no shame,” the PM said, without explicitly naming Kumar. The party broke off its alliance with the BJP last year, triggering the fall of the state government. Kumar later aligned with the opposition bloc and returned as the chief minister for his eighth term.

Kumar later tendered an apology for his statements. “If my words have hurt anyone, I take them back. I apologize for whatever I said. I’m not only ashamed but condemn myself for making such comments,” he stated.

Meanwhile, in the same post on X, Millben praised Modi as “the best leader” for the US-India relationship and for global economic stability. The African-American singer was chosen to perform the Indian national anthem during Modi’s visit to New York and Washington earlier this year. After a rendition of the anthem ‘Jana Gana Mana’ at an event in Washington, DC, she touched Modi’s feet to seek his blessing – images of this went viral on social media, earning Millben many fans in India.

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EU lawmakers ask bloc members not to seize Russian cars

Energy News Beat

By impounding personal vehicles, national authorities discredit the “goal and instrument of sanctions,” the MEPs claim

Confiscating personal vehicles registered in Russia in the name of sanctions compliance is overkill, the European Parliament is arguing. Several European nations have resorted to the practice since the European Commission issued a clarification in September that condoned such measures.

In a joint motion devoted to the “effectiveness of the EU sanctions on Russia” published on Wednesday, MEPs called on the EU’s executive body to “review its interpretation of sanctions leading to the seizure and confiscation of items and vehicles for personal use only.” Lawmakers warned that “such over compliance discredits the goal and instrument of sanctions.” 

Asked for comment by RIA Novosti, the European Commission declined to reveal if it was going to revise its guidelines published in early September. According to these, “vehicles having a Russian license plate” and “registered in Russia” are off limits in the bloc and can be seized if they are found on its territory.

“It is not relevant whether the use of the vehicles is private or commercial” as long as they fall into the sanctioned goods category, officials stressed at the time.

In addition, Russian nationals are banned from taking with them a wide range of personal items, including hygiene products, when traveling to the EU.

Commenting on Brussels’ guidelines, Russian Foreign Ministry spokeswoman Maria Zakharova denounced them as blatant “racism.” 

The Commission’s clarifications in September came in response to several cases which had seen German authorities impound vehicles with Russian license plates, citing sanctions imposed on Moscow over its actions in Ukraine.

After the bloc’s executive body ruled that such practice was legal, several European nations, including Latvia, Estonia, Lithuania, Poland, Finland, Norway, Germany, and Bulgaria, barred Russian registered cars from crossing their respective borders, with few exceptions.

Late last month, the Latvian parliament passed a bill that would see vehicles with Russian license plates seized if not registered in the Baltic nation or removed from the country within three months.

“The confiscated vehicles are planned to be handed over to Ukraine,” the document also stated.

Transit through Latvia would, however, still be permitted, as long as it did not exceed 24 hours, with an exception also made for diplomatic vehicles. Latvian lawmakers plan for the bill to take effect on November 15.

Also last month, Moscow daily Izvestia reported that Czech authorities had confiscated at least one car with a Russian license plate.

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US ambassador laments ‘scary’ Biden poll numbers

Energy News Beat

The diplomat is worried to see voters “strongly favor” Donald Trump, but advised not to underestimate the president’s chances of victory

US Ambassador to Canada David Cohen has recently revealed that fresh polling in six key swing states paints a grim picture for incumbent President Joe Biden, who leads in only one ahead of the 2024 presidential election.

“For people in Canada or the United States who are concerned or troubled by a prospective second term for Donald Trump, those polling results are sobering and scary,” Cohen told a conference of manufacturers and exporters in Canada’s capital, Ottawa, on Tuesday.

He then said that this information just means there’s a lot of work that needs to be done over the next year and that no one should panic.

“I am certainly not looking at the current state of play and saying, ‘Oh, my God, it’s all over. There’s no way Joe Biden can get re-elected’,” Cohen added. “Anyone who has that attitude is probably making a big mistake.”

According to Politico, his comments represent “an unusual swerve into domestic US politics by a sitting ambassador and a striking admission of Biden’s vulnerability by one of his most loyal political allies.”

The Biden campaign has spent much of the past few days trying not avoid “fretting” – as they said in a statement – about the latest wave of grim polling on the 2024 election, which showed that former President and current candidate Donald Trump is leading Biden significantly in five of the six most important battleground states.

A survey by The New York Times and Siena College published on Sunday indicated Trump is holding an 11-point lead in Nevada and smaller margins across Georgia, Arizona, Michigan, and Pennsylvania. Only Wisconsin favored Biden – and only by a two-point margin.

The 3,662 polled voters were mostly concerned about the age of Biden – who turns 81 later this month, making him the oldest president in American history – and expressed dissatisfaction over his handling of the economy.

Voters, by a 59% to 37% percent margin, said they trusted Trump more than Biden when it comes to the economy – the largest gap of any issue. That result bodes particularly poorly for Biden, given that nearly twice as many voters said economic issues would determine their 2024 vote compared to social issues, such as abortion or gun laws. And those economic voters favored Trump by a landslide 60 percent to 32 percent. The survey also showed that, for the most part, Trump is so far politically surviving the 91 felony charges he is currently facing.

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DAVID BLACKMON: Fear Factor Surrounding Oil Prices Has Vanished

Energy News Beat

The price fear factor for crude oil rose following the Oct. 7 Hamas terrorist attacks on Israel, and crude prices continued to rise in subsequent weeks over fears the conflict could escalate region-wide.

But in recent days, this fear premium in prices has all but disappeared from the market as such concerns have dissipated.

The international Brent crude benchmark prices dropped as low as $82/barrel on Nov. 7, well below the Oct. 6 closing price of $84.58, as fighting has remained centered in Israel and Gaza despite weeks of saber rattling by Iran’s Islamic rulers and sporadic firing of missiles into Israel by Hezbollah terrorists, who, like Hamas, are supported by Iran and other terror-supporting nations.

Initial concerns were driven mainly by concerns the conflict could widen across the Middle East and eventually threaten the free flow of oil out of the Persian Gulf through the Strait of Hormuz. Such fears are valid given that about 20%-25% of global oil production must traverse through this critical gateway each day to make its way to importing markets around the world.

Indeed, protecting this flow of oil has been a major objective of U.S. foreign policy and military operations in the region since shortly after the end of the second World War.

More recently, such concerns have extended to the flow of liquefied natural gas through the Strait. Qatar, located on the central western coast of the Persian Gulf, ranks as one of the three largest LNG-exporting nations, along with the U.S. and Australia. 100% of Qatar’s LNG exports flow through the Strait of Hormuz.

The fact that Qatar also is a major funder of Hamas, whose headquarters are housed in the Qatari capital city of Doha, only served to reinforce such concerns.

Although Iran and many Arab nations have continued to register objections to Israel’s response to the Hamas attacks, it has become increasingly apparent that none of them feel strongly enough about it to commit military assets to a widening war. Any such escalation would risk a response not only from Israel, but also from the United States, which has moved two aircraft carrier groups into the region and beefed up its military assets on the ground as well.

What it all means in the U.S. is lower prices than expected for both gasoline and diesel, both of which had spiked in the wake of Hamas attacks. Gas prices at the pump have dropped by about 9% over the past month, with diesel seeing similar declines.

The fall in prices has been helped along by seasonal factors that have resulted in reduced refining margins for those products. This provides consumers with some welcome relief from inflationary pressures just as the holiday season rolls around.

The lower oil prices also ease concerns among some analysts that the Biden administration could decide to raid the U.S. Strategic Petroleum Reserve for political purposes again as the 2024 election season starts to ramp up in earnest. President Joe Biden’s massive drawdown of the reserve, taking out 1 million barrels per day for 180 days during the 2022 campaign season, has already left the SPR at low levels not seen in 40 years, a risky situation with the U.S. now engaged in war efforts on two separate continents along with rising tensions between China and Taiwan.

For the domestic U.S. oil and gas industry, it means companies are able to conduct business as usual and enhances their ability to predict business conditions into the future. It also means a more stable environment where supply chains and cost factors are concerned.

The easing of this oil price fear factor is, in other words, better for all involved. History tells us such conditions seldom seem to last for long, though, as another storm is always on the horizon.

Best advice is for everyone to enjoy it while it lasts.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

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