Joe Yellen’s 2b Talk With Cap On Russkie Oil

WSJ says “US, Allies Try to Restrain Surging Global Oil Prices” by such tactics as “forming a buyers’ cartel & setting a cap on the price of Russian oil.” Huh? Cap on Russian oil Joe & NATO geniuses were going to SNUFF long ago?

Say it ain’t so, Joe. But, no. At least, according to the WSJ in quoting Treasury Secretary Janet Yellen who now wants to “cut off Russia’s revenue from its energy sales while shielding the global economy from a possible recession.” Apparently, Yellen is now saying “the US was involved in ‘extremely active’ talks with European allies about efforts” to do all that, even though the “plan” in the past was supposedly to CRUSH the Russkies unmercifully with every financial tool known to Western Civilization.

Isn’t THAT what Joe says he promised Putin if he invaded Ukraine? But, hold on. Now explains Yellen with a Middle American Rube might think was Swamp double talk (and he’d be right): “I think what we want to do is keep Russian oil flowing into the market to hold down global prices and try to avoid a spike that cause a world-wide recession and drives up oil prices. But, absolutely the objective is to limit the revenue going to Russian.” Got it. Joe is taking Vladimir to the woodshed in a slow boat to China and will cap his already cheap oil prices rather than end his own War on Fossil Fuels in the US & thereby regain the energy independence (as well as low gas prices) Americans enjoyed under President Trump.

Davd Soul