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Oil prices rose in trading on Tuesday despite news that President Biden will release of 50 million barrels of crude oil from the U.S. Strategic Petroleum Reserve fueling concerns about even higher gas prices in the coming months.
In an unprecedented and highly coordinated move, the U.S. will release its reserves together with China, Japan, India, South Korea and the U.K. The news spooked global energy markets as investors grew worried that the OPEC+ might retaliate by further reducing supply. According to the Administration, the oil may begin moving as early as mid-to-late December.
Crude traded up 2.5% to $78 per barrel as Brent crude moved up more than 3% to over $82 per barrel. Showdown with OPEC+
The Biden team is releasing oil from the U.S. reserves following OPEC+ countries’ refusal to boost production. While more supply with move prices lower, there is geopolitical risk associated with the maneuver as it could prompt a response by OPEC+. The group could scale back its own production — thereby causing a kind of “showdown” in global energy markets.
It is rare to tap strategic reserves as they are designed to be used in times of real emergencies. For example, the U.S. released 60 million barrels following the unrest that disrupted supplies in Libya in 2011.
Nonetheless, with gas prices up 50% from this time last year and Americans increasingly citing inflation as their biggest economic and political concern , the President has been faced with trying to stem the crisis.
Last week Biden attempted to point the finger at the energy companies themselves, questioning whether they might be illegally manipulating prices . In a letter to the Federal Trade Commission’s Lina Kahn, has asked her to examine the issue. U.S. Energy Independence in Danger
Prior to Biden assuming the Presidency, the U.S. was considered energy “independent” and, as a result of U.S. drilling, was less reliant on the Middle East. However, with the shutdown of the KeyStone pipeline and other ESG efforts to suppress the traditional oil and natural gas industry, there are growing concerns about the future of energy independence as it begins its […]
Too Few Are Telling the Truth
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), and Instagram profile (never made one), or a TikTok (no thanks, CCO). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would break away. Today, only a handful of other major conservative news outlets have broken away from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Also, we could use contributions of content. If you write or want to start writing and you share our patriotic, conservative, America First ideology, contact us. The contact form on this and all pages on the site goes directly to me.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,
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JD Rucker – EIC