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President Joe Biden’s war on domestic energy and his foreign-policy fumbling are getting set to slam everyday Americans yet again with renewed inflation.
In a surprise move, Saudi-led OPEC+ announced Sunday an oil production cut of 1.16 million barrels a day starting in May.
That follows up its 2 million-per-day cut through 2023, agreed to in October.
Prices have already spiked 6%, which means more pain at the pump and elsewhere for Americans.
Gas prices will climb, as will energy bills for businesses (like grocery stores and other crucial firms), which will also get passed along to consumers.
Just as inflation had cooled a bit, in other words, Biden’s policy failures at home and abroad guarantee it will heat up again.
