The price of oil skyrocketed on Sunday as Democrat President Joe Biden’s administration is considering an embargo on Russian oil after Russia invaded Ukraine late last month.
In response to updated guidance from the Centers for Disease Control and Prevention, mask mandates in some of the last holdouts will finally be discarded as America seeks to emerge from the COVID-19 policies that have dominated political discourse for the last two years.
The price of gasoline has reached record highs in California. The state become in American history to charge averages of over $5 a gallon for the essential fuel with Los Angeles and San Francisco eclipsing that mark earlier this week.
Madam Speaker, Madam Vice President, our First Lady and Second Gentleman. Members of Congress and the Cabinet. Justices of the Supreme Court. My fellow Americans.
In 1974 when Vice President Gerald Ford succeeded to the presidency after Richard Nixon resigned, the country was in a bad economic crisis. The Arab oil shocks of 1973 led to a 300% increase in the price of oil, which translated into inflation of more than 12%.