the national energy administration actually spoke about how like this here has been complicated because of keep ways because of droughts. lots of natural disasters make screen whether it's the weeks barrier, especially during the summer season. and of course the volatile international energy prizes. but he said that china has stood up to the tests and effectively cushion the negative impact of the well. and the reasons behind that is because over the past decade at china has china's energy supply system has improved a lot now is equipped with the selfish efficiency rates with over 80 percent. so bad, that's probably that probably in a way reflects how china can really better tackle energy prices that the world is now facing. yeah, we'll have all the big developments from at congress to day on through the weekend as well. but stay with us because next, a deep dive into a man regarded as a legend by soviet forces for his operations against ukrainian nationalists who were backed up by the cia during the middle of last century. do stay with us that short documentary gets boeing. ah, ah ah m

so the head of the national energy administration actually spoke about how like this year has been complicated because they keep ways because of trouts. lots of natural disaster is an extreme weather is that we experience, especially during the summer season. and of course the volatile international energy prizes. but he said that china has stood up to the tests and effectively cushion the negative impact as well. and the reasons behind that is because over the past decade, china has china's energy supply system has improved a lot now is equipped with the selfish efficiency rate, with over 80 percent. so that's, that's probably, that probably in a way reflects how china can really better tackle energy prices that the world is now facing. and china for the world's 2nd largest economy and also one of the world's largest energy consumers. and one of the world's largest energy producers. and it also promises to continue to safeguard the world energy security. and if we talk about the countries energy playing going forward, the press briefings in this week also gives a glimpse of where the country

the national energy administration actually spoke about how like this here has been complicated because they keep ways because of trouts. lots of natural disasters make screen whether it's the weeks barrier, especially during the summer season. and of course, the volatile international energy prizes, but he said that china has stood up to the tests and effectively cushion the negative impact as well. and the reasons behind that is because over the past decade at china has china's energy supply system has improved a lot now is equipped with the selfish efficiency rate, with over 80 percent. so bad, that's probably that probably in a way reflects how china can really better tackle energy prices that the world is now facing. the us is considering imposing new sanctions on russia under run over alleged military cooperation. it would follow the use notes with brussels having already slopped measures against around claiming it's providing russia with so called suicide drones. both moscow until run counter the work lead, denied the accusations, calling them a pretext for imposing yet more rest

now in terms of energy in wyoming economy it is personal and emotional we understand we're tied up in red tape from this administration affordable energy is the lifeblood of this nationyou want to stop the damage this biden administration and every single democrat has done to this country over last two years, we need to vote for republicans, house and senate on tuesday. trey: senator dr. john barrasso, may be in charge in senate of energy policy come january, thank you senator. >> thank you, trey. trey: up next, philadelphia d.a. larry is what media calls a progressive prosecutor. pennsylvania state rep martina white is joining us to discuss prime minister of the district attorney next on sunday night in america. promises of all shapes and sizes. each, with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. all across the country, people are working hard to build a better future. so we're hard at work, helping them achieve financial freedom. we're providing greater access to investing, with low-cost options to help maximize savings. from the plains to the coasts, we help americans invest for th

national energy company headquarters. the head of ukrainian presidents administration says the tax work, media reports also suggestion and other infrastructure me, while several explosions have been also reported in the port city of a debtor. earlier in the nights, there were also reports of a fire as a fuel warehouse and oil depot in the city of nikolai, of after a series of strikes, a raid sirens have been heard across multiple areas of ukraine. a former translator for the o. s. c, e. mission in the dumbass, he was sentenced for treason in lieu guns and could be speaking under duress, alleges the mission violated its mandates, is found what it believes to be. documents of the o. s. the mission in the region ortiz ortiz because john has the details. the mission's main purpose was to document any violations of the cease fire agreement and act as a tool for deterring aggression. this thin stack of papers never meant to be seen by the public sheds light on to how such events were treated. according to this oversee staff station at a forward patrol based on the ukranian control territory, they were alerted to what they them

while strike reportedly caused a fire in ukraine's national energy company headquarters, the head of ukrainian presidents administration says the attacks were carried out by kamikaze drones. media reports also suggest the stripes targeted a railway station and other infrastructure. meanwhile, civil explosions have also been reported in the port city of odessa. earlier in the night, there were also reports of a fire to fuel warehouse under oil depot in the city of nikolai, of after sue's of strikes, married sirens have been heard across multiple areas of ukraine. the former translator for the o. s. c. e mission in the don boss, who was sentenced for treason in la guns and in this interview could be speaking under duress when he alleged the mission violated it's mandates. archie is found what i believe to be documents of the mission in the region. ortiz egos done of has more details. the mission's main purpose was to document any violations of the cease fire agreement and act as a tool for deterring aggression. this thin stack of papers never meant to be seen by the public sheds light on to how such events were treated.

the biden administration backed by tim ryan have crippled the oil and gas industry in our state. we should unleash it. it is good for national security and good for energyally good for everybody who wants to see the price of everything come down. >> bill: you might have to wait for a new administration to get that done but we shall see. ohio is one of five states that republicans must hold. they have to go five for five and on seats they currently hold and go out and win another one. ohio is one of them that must be a hold nod to have a shot at the majority. thank you for your time today. we'll talk again. >> dana: questions swirl over the latest hunter biden allegations and how much president biden knew of his son's business dealings. ranking member of the senate judiciary committee chuck grassley is seeking answers and will join us. fearless criminals out of control in the nation's largest cities. how much impact will it have on voters as they head to the polls. i'd like to take a moment to address my fellow veterans because i know so many of you have served our country honorably. one of the benefits that we as a country give you as a veteran is the e

national energy company headquarters. the head of the ukrainian presidents administration claims the attacks were committed by kamikaze drones. media reports also suggest strikes targets at a railway station, as well as other critical infrastructure. ukrainian air defenses were activated during the attacks. meanwhile, several explosions have been also reported in the city of desa. earlier in the night, there were also reports about a fire at the wall wolf with fuel and lubricants. the oil deco and ukrainian nikolai of after series of strikes the era law is currently bringing in several areas of ukraine. in other news, r t is obtained watts are believed to be internal documents of the o. s. c emission in the don buff. it goes down to has more details, impartiality balance and a ban on bias. these principles run like a golden thread through countless memos. we find that this abandoned and battered osi headquarters. but as we dig deeper into the debris of the mission, both literally and figuratively, turns out the staff openly scorned at these cornerstone standards. the missions main purpose was to document any violations of th

morning when strike reported because the fire in ukraine's national energy company headquarters, the head of the ukranian president's administration, sees the attacks were carried out by kamikaze drones. media reports also suggest the strong cognitive, a railway station and other infrastructure also, german hospitals may have to shut down due to the energy crisis sounds, according to the nation's health minister. however, berlin has rejected demands for financial aid from the countries hospitalist, the asian, as some german politicians say, the energy crisis may be stabilized. democracy, fear and uncertainty are the few for extremists and before the coming winter people are experienced in such uncertainty as they have not experienced for a long time. the mix of crises, such as energy and car on the virus can lead to over string industrialization of democracy. therefore, democratic parties should take a clear position, argue less, and encourage citizens. let's get the details now, from ortiz contributes a rachel moss and rachel. good to see you as always as so what do you make of the bavarian? president's recent comments? no. so wh

energy issue and always a national security issue. we talk about energy. the biden's creation, the biden administration's failed policies that have created this crisis that we're in. we're going into the mid-terms and harris i'm telling you, i hear all time back home, inflation and gas prices. >> harris: it's interesting because the president is criticized for flipping the border policies that trump had in place but he was flipping congressional policies or legislation that had been put in place, too, with regard to energy. that's fascinating to hear from you. the other part about this is biden was so slow to stop buying russian oil when the war against ukraine first started and now i'm curious, he was tapping reserve then. where -- what options do we have when that gets so low it is not an option anymore? >> he has canceled all the options and now has to be green energy. you can't -- you can't do that overnight. >> harris: congressman, we all know that the majority of green energy is provided for -- through fossil fuel and coal. so what is he saying? it's not even possible to transition at this point be

our cities, the biden administration jams through a -- progressive wishlist items mass spending and tax hike and handouts to special interest. instead of developing our nations energy supply and increasing domestic production the biden administration goes hand in hand of begging and administrator in venezuela for oil. -- russia invades a peaceful neighbor and britain's -- and threatens the united states and our allies to support the people of ukraine. china steals our intellectual property and makes -- partnerships with our enemies around the world. -- security of the world is emerging declared powers and aggressors and inner -- enemies of freedom. after the withdrawal from afghanistan, our allies question whether they should still trust us and our enemies question whether they should still fear us. the majority of americans today leave that our nation is way off track and headed in the wrong direction. most americans are convinced that we are divided. that our political system is broke and that washington is dysfunctional. -- in the voice of the majority they are ignoring indifference to the demands of the angriest few who seem hell-bent on tearing america apart.

the biden administration, g-7 nations, finalizing a price on russian oil. what does this mean for energyhe biden administration hopes it columns prices. russian oil flowing to market. funding the war on ukraine. >> the price stabilizing energy prices, developing with greater leverage for better prices for russian oil. >> that's the best case scenario something secretary yellen is wearing rose-colored glasses. developing countries would have to buy into a russian oil price gap for it to work. in some developing countries, most notably india and china might not participate. russia itself said it won't sell to countries that impose a cap. a recent report from s&p global found moscow may be short over 100 tanker ships to circumvent the, leading to higher oil prices. a group of 13 republicans for the house oversight committee looking at the biden administration's misuse of the strategic petroleum reserve. the spr holds enough reserves to offset us consumption for 50 days should imports cease. to cover additional foreign fuel bands are price fluctuation is a shortsighted fix that could exacerb

and it's true, energy policy is national security policy. i don't know if the biden administrationhat this next two week period is going to be critical for ukraine. >> there's a number of factors. right now vladimir putin realizes he can't survive in office without having something to show for this war. so any thought that the people -- well, we're going to teach him a lesson, we're going to give him a bloody nose, he's going to have to leave ukraine in hue millation, that's not going to happen. vladimir putin will escalate before he allows that to happen. there's a lot of stuff he can do. he can have cyber attacks against the west, he could cut the undersea -- the cables, communications cables going to europe. there's a lot he can do short of nuclear weapons, and he's got to do something to sort of change the dynamic. the next two weeks are important because in the next two weeks the united states, nato allies, we're having a you teen military exercises. -- routine. the opportunity and the possibility of one little thing going wrong, something making a mistake and the russians res

administration. on the eve of the elections, the department of energy. decided to put up for sale another 15 million barrels of national reserves at a price of 89 dollars per barrel, thus a strategic reserve. the country has already dropped to 400 million barrels. this is the minimum level since 1984. the authorities are not going to replenish it at current prices. they plan to wait for a decline to $70, but in the near future there are no hopes, experts believe little of this, especially against the background of the custody decision plus the reduction of daily oil production. the brand is currently trading above $90 per barrel. there are several reasons why the us is running out of oil, first is pent-up demand, and after the color of the virus. uh, people began to travel more, fly on planes, drive cars, so we ask. this is the first reason for us. the second reason is that there is a problem with us shale companies since april. companies raise money and banks often denied him funding. the situation in the energy sector is just one of the signals of the growing crisis in the american economy that a slowdown is inevitab

administration. on the eve of the elections, the department of energy. decided to put up for sale another 15 million barrels of nationaleserves at a price of 89 dollars per barrel, thus a strategic reserve. countries already shrunk to 400 million barrels. this is the minimum level since 1984. the authorities are not going to replenish it at current prices. they plan to wait for a decline to $70, but in the near future there is little hope, experts believe little of this, especially against the backdrop of the decision of custody plus to reduce daily oil production, at the moment the brand is trading above $90 per barrel. there are several reasons why there is absolutely not enough oil, firstly, these are deferred demand after the color of the virus, people began to travel more, fly on planes, travel on cars, therefore, i ask us this is the first reason, the second reason is that there are problems with us shale companies since april , production has not been growing there. the fact is that interest rates have risen and their financial companies have a harder time attracting money and banks often refuse him to fund. the

that's higher than the national average, 43 cents higher than last year. this as the energy information administration estimates folks will spend more this winter to heat their homes in the northeast. the average household will spend 11% more on electricity and 24% more on natural gas. this has frackings on the minds of voter. fetterman called fracking a stain on pennsylvania. in 2018 he said he didn't support fracking. now his campaign says he does and always has supported it. >> fracking, i don't support fracking at all. i never have. and i've signed the no fossil fuels money pledge. i believe as pennsylvania i support our energy independence and we need to do it in a very strict environmental regulations. >> dr. oz says he would fast track oil and gas financing and development. >> if you truly love the environment, if you really love the environment you should root for natural gas. that's how we dropped our carbon footprint the last 15 years. >> as for john fetterman's stroke recovery his doctor released a letter yesterday saying he is doing well and not suffering cognitive deficits and say he can

national gas average sitting at $6.91 per gallon with no relief in sight as the energy administration predicts prices will continue to go up. >> that didn't stop president biden taking a weekend getaway. members of his own party are calling for new blood ahead of the midterms. alexandria hoff has more on that live. >> right before the president left the area this week and hugh pointed finger at saudi arabia and opec for slashing oil production. the state fired back saying that american refinery production is to blame or lack thereof at $3.91 per gallon, 60% higher now than when president biden took office. while the chief officer for alliance told "face the nation" predicts that it'll come down to 8% as the price consumer indexes released this week. core inflation is likely on the rise. it'll all be coming up to push members of the media into moments like this. listen. >> i think the economic headwinds are so tough and biden doesn't have the umph, he can't really make his case, i do not think the democrats are in any better place. >> odinga -- >> while i think inflation is a worldwide

cute energy rich nation says it's open to business to all science in this increasingly polarized world, and it's a time to treat temp staff fairly. a proposal by the biden administration could add millions of keep workers to company tables and then fizzle. and let's do business. the theatrics continue on the world stage. russian president vladimir putin has offered to resume gas supplies to europe, through north stream to germany, suspended the project with russia before it could go into operation days before the kremlin invasion of ukraine. and since then, russia has turned off north stream one, the largest pipeline to europe. both were recently attacked, speaking at an energy for him in moscow on wednesday potent said he could still send gas through an intact section of the 2nd pipeline. despite leaks, germany has rejected the offer saying russia is no longer a reliable energy supplier. let's listen into putin's offer. with russia is ready to start such deliveries enough that the ball is on the side of the european union . if they want, they just have to turn on to for set and that's it. do we do not limit any one in any teacher and we are ready to supply additional

administration will not do that. they will drive america into the ditch and they are economically and national security wise having to rely upon foreign countries for energys bad public policy so they are wanting to this environmental altar where they pray everyday and hurting americans. they are listening to a missed cash the president stands up in florida and says the reason hurricane ian came was because the use of fossil fuel, non nonsense. no data. the put america in jeopardy economically, national security on this pre-new deal craziness hurting americans so the needs sensibilities. calvary is on the way in november when elections occur and biden administration will get a powerful message policies don't work, you kill us economically and put america in jeopardy. maria: it is national security we know because of fossil fuel and oil companies ability to power the country and administration is telling bankers not to think fossil fuel. how dangerous is that small and mid-cap companies can't get money we need to ensure the projects to power america? >> it's a fascinating time when government tries to influence private sector businesses the way they are. g

energy information administration, demand for diesel is the highest. it's been since 2007. >> while supply is at its lowest level since 2008, the nation is down to less than a 25 day supply. america's farmers are hit, especially hard all over tractors that we use and production and harvest run on diesel fuel and that diesel feel is decimating budget silver lake or predicts the supply and demand imbalance could push the national average over $7 a gallon. a lot of truckers will not drive in. >> southern california. >> some of the ships there won't be enough trucks to unload all the ships driving the shortage is america's continued export of diesel and it coincides with far higher demand domestically for agriculture and transportation. >> and federal environmental regulations limits u.s. production. the regulations stipulate that we have almost no sulfur diesel feel. >> and there's not enough capacity to make diesel field meets the specifications. the dismal outlook as many independent truckers calling it quits. i see people selling their trucks already because they cannot afford to keep their trucks running. that was nancy loo reporting for us. diesel price

because of this administration's resistance and outright assault on american energy production, says the national average for a gallon of regular now stands at about $3.86. some analysts predict opec's decision could tack on another 30 cents a gallon in washington. caroline shively ktvu box to new over the wall street and see that stocks edged lower today. after that dramatic two day rally we had this week, the dow jones is at its lowest point of the session. it's down by one and a quarter percent. and snp down by almost a full percentage point. nasdaq is down by just about as much to east oakland, where students at ragsdale high school are back on the king of state's campus today, just after a week just more than a week after six people were shot there on campus ktvu amanda quintana reports. it was a slow morning as students walk through the doors of ridsdale high school in east oakland thursday for the first time since six people were shot there last week, some students were hugged as they entered the campus and police cars were there to make them feel safe. behavioral health staff on campus re

energy information administration, demand for diesel is the highest. it's been since 2007. >> while supply is at its lowest level since 2008, the nation is down to less than a 25 day supply. america's farmers are hit, especially hard all over tractors that we use and production and harvest run on diesel fuel and that diesel feel is decimating budget. the current national average for diesel is 5.33. a gallon about $0.40 higher than just last month and nearly $2 more than a year ago. market expert builder laker predicts the supply and demand imbalance could push the national average over $7 a gallon. a lot of truckers will dot drive in southern california. >> some of the ships there will be enough trucks to unload all the ships driving the shortage is america's continued export of diesel and it coincides with far higher demand domestically for agriculture and transportation and federal environmental regulations limits u.s. production. the regulations stipulate that we have almost no so feel and there's not enough capacity to make diesel fuel that meets the specifications. the dismal outlook as many independent truckers calling it quits. i see people selling

industry is on our great country and national security and trump's job turning america into energy independence and that's what he did and now you have the administrationh saudi to interfere with this election and we will try to deal with venezuela, we will try cut deals with venezuela to get some oil from them. shame on joe biden. just another lie, a lie from this administration. maria: yeah, i mean, it's unfortunate. it's obviously an indication that he thinks and the american voters are stupid and all we have to do is look at where gas prices were when he entered the oval office. the other lie that i've been talking about is the fake conference that he had around this, quote, unquote t tentative rails deal. i'm very worried that we are going to see a rail strike right after the midterm elections. he came out and he said, oh, we have a tentative deal with the rail companies and he did a whole press conference about it and, in fact, what he told the unions, i believe, is to just put a pin in it until after the midterm elections so that it won't get in the way of his politicking for the midterms. do you believe we will see a rail strike, what can you t

. ♪ ♪ >> the national gas average sitting at $3.91 per gallon with no relief in sight, as the energy information administrationtop president biden from taking a weekend getaway. members of his own party are calling for new blood ahead of the midterms. alexandria hoff with more on that live in washington. >> good morning, todd and ashley. last month it looked like democrats were gaining some ground in their uphill midterm battle. the president's approval rating remained low, but not at its lowest, and gas prices are easing up. now those prices are 60% higher than when the president took office, at $3.91 per gallon. and they are likely to rise again given opec and saudi arabia slashing oil production. that's not what the president wanted to see happen, especially after he went out on the political lamb meeting with the saudi crown prince in july. 28 days out from the midterms and the president's strategy is being questioned. >> i think the economic headwinds are so tough, and biden just doesn't have the oomph as a candidate. people don't really want him around and he can't make his case. i don't think the democr

administration. on the eve of the elections, the department of energy. decided to put up for sale another 15 million barrels of national89 dollars per barrel, thus a strategic reserve. the country has already dropped to 400 million barrels. this is the minimum level since 1984. under the current valuable authorities, they are not going to replenish it. they plan to wait for a decline to $70, but there are few hopes for this in the near future, experts believe little, especially against the backdrop of the decision of opek plus o reduction in daily oil production. the brand is currently trading above $90 per barrel. there are several reasons why the us is running out of oil, first is pent-up demand, and after the color of the virus. uh, people started traveling more, flying on planes, driving cars, so i ask us this is the first reason, the second reason is that there is a problem with us shale companies since april, production has not increased there. the fact is that interest rates have risen and their financial companies raise money and banks often refuse him finance. the situation in the energy sector is just one of

to united nations neither zero banking alliance, this lawsuit alleges environmental, social practices are hurting american energy industry this is really important in face of biden administrationa. tell us more about your investigation. >> we are really concerned about potential misleading of xheeshz about what is going on how this is going to affect them down the road, if banks are basically cutting off lending this is large banks in the country some in the world, if they cut off access to credit for supply looking for supplies of oil being reserves gas reserves that is going to have a very negative impact on consumers going to make us more dependent on foreign oil iran russia will be much more like europe than independent, energy independent country we were a few years ago under trump. >> you've got a wide-open border an administration pushing esg climate agenda trying to put fossil fuels out of business media going along with it now suing google to allegedly collecting residents facial voice data without their consent accused of giant turning millions everyday texans into quote unwitting cash cows milked by google for profits. >> we have laws against companies like google s

called the energy producers in last year in a congressional hearings and told them to stop production, slow down production. we gave up our economic and national security by having this administrationcrats say we would rather buy our fuel from people who don't like us. it is a simple supply and demand in the time of year when demand goes up, prices will go up. in a time when demand is down prices go down. unfortunately, for many americans as they get ready to go into the winter months and need to buy home fuel they will pay higher prices. it is because this administration has no idea been as dishonest of any issue on gas prices. >> you stand up for the corporations. where are the republicans that fight the root cause of this. corporate america is profits. >> harris: you said 99 and i said 45. you are talking about the days when it was -- you will talk the entire time i talk. are you counting the days it was a penny, to two pennies to three. when we were looking at a $less, that sort of thing. it was short lived. every economist was saying it will go back up. he has tapped into vulnerability. people outside the country and know they can sell at any price for the u.s. we a weak and n

energy independence that we had in the past administration with president trump. and really the only way that president biden can address rising gas prices and national security vulnerability caused by this is to stop this war on the american oil and gas industry and to encourage our resources to be developed for the benefit of the american people. >> carley: how do you see this playing out politically with midterm elections just a month away now? >> i think the timing is intentional by opec knowing full well there is an important american election coming up here in the next month. just as voters are going to be going to the polls, they will be paying more at the pump to fill up their tanks in order to drive to vote. i think you will see that resonate with the frustration and anger by americans who are facing rising inflation cost, increased interest rates, dropping stock market analysis. i think the economy is going to be the issue and the timing of this will certainly be felt at the ballot box. >> todd: roberts, republicans are on the same page. it seems the press secretary or not. listen, here is a jp yesterday. >> today's announcement is a reminder why it is so critica

force the administration to provide all documents related to discussions about declaring a national climate emergency. joining me now, ohio congressman bill johnson. he's a member of the energyessman, good morning to you. thank you for being here. >> good morning, dagen. dagen: what are you -- what's your goal in doing this? >> well, the goal is to have the be president tell us why he's trying to or even considering taking this extreme action. if he were to declare a climate national emergency, dagen, it would give the administration vast executive powers to circumvent congress and go even further with this rush to green. i mean, you know, gas-tash the -the priceof oil on the global n february was $1.25. today, it's 85 and declining, $85 a barrel and you now you've got opec minister, some of the most wealthy people in the world, global elitists that are sitting overseas trying to figure out how much pain to inflict on american consumers. because this is just -- this is just going to hurt american consumers. and if the president were really interested in solving the climate problem, republicans have demonstrated we've got solutions that actually work. dagen: i want to bring t

national security interest. >> will, i have to tell you joe biden is in a crisis that he invented himself. the u.s. under the trump administration was an energyshed the american energy industry because of his woke climate change policy. at the same time, he came into the office and he decided to alienate our historic allies, specifically the kingdom of saudi arabia. he said that he was going to turn saudi arabia into a pariah state. he has been, treating the iranians to reenter the disastrous iran deal. all of these factors together' kingdom of saudi arabia. biden went to the kingdom in july. he has come back and here we are three months later. and saudi arabia and opec are announcing oil cuts. well, guess what? his trip was a failure. i think we can take that assumption seeing that. >> will: why do you think -- three months ago he goes we know that had to be a point of discussion. now here three months later they cut production. why? >> they cut production because it's in their best interest to do so. will, we're cannot blame the saudis for doing that but, i think it's a huge signal from our saudi allies that they are not happy with the bide

administration is looking for alternatives with me now is special correspondent ryan chilcote who joins us from ithaca. good to see you. the opec plus nations see themselves as guardians of the stable energy market. the saudi oil minister said this will bring stability to the market. what is that argument? ryan: they like to think themselves as the central bank of oil, if you will. their argument is that we are headed into a global recession, and as we move into the recession, the demand for oil is going to fall. they said it is best to preemptively remove the excess supply so we don't have a situation where the demand falls and price falls as a result. you can understand where they are coming from. between 2020 and 2022, we saw prices go anywhere from -$40 per barrel, you had to pay people to take oil off of your hands at the beginning of the pandemic, to is much as $130 earlier this year. that $170 range is too much volatility. they say by doing this they can smooth out the price range, which i what they need as oil-producing countries. critics will say, they knew the recession was coming. they knew there was an inflation problem, and this would only exacerbate the inflation problem. th