Moscow is benefitting from high oil prices, the former US president has claimed © Getty Images / Scott Olson / Staff
Soaring energy prices have boosted Russia’s revenues, while the US is facing major economic threats due to its transition to clean energy, former President Donald Trump claimed on Wednesday.
Addressing supporters at Drake Enterprises, a non-union auto parts manufacturer near Detroit, Trump condemned the administration of President Joe Biden for its policies on electric vehicles (EV) and clean energy, branding them a danger to the US auto industry. The shift to EV will kill jobs at America’s biggest carmakers and eventually make them obsolete, Trump warned.
“For auto workers, Biden’s transition to electric is a transition to hell,” the former president declared. “A transition to unemployment.”
According to Trump, the US was “more energy-independent” than Russia and China during his tenure as president, while now “we are begging countries to give us gasoline.”
“We are going to lose our country,” Trump warned, arguing that Moscow has “made a fortune” and continues to benefit from high oil prices.
Global oil prices have surged by 30% since June after voluntary production cuts by OPEC and allies led by Russia. On Thursday, prices reached their highest level in over a year, with benchmark Brent rising above $97 a barrel. US West Texas Intermediate futures touched $95 per barrel, marking the highest price since August 2022.
Experts predict that prices will remain high for the rest of the year.
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It’s not even a high price compared to everything else. Just a recent high.
And Trump is a traitor.
I would think Azerbaycan would have more important things to write about.
So you prefer Biden?
Dumbest possible response.
Your nation is dead.
No wonder you still vote.
trump and biden have a lot in common
Former President Donald J. Trump LOCKED-FUCKING-DOWN the United States of America. Oh, and he is the father of “Big Beautiful Vaxxines.”
So?
As a multi-billionaire and Tel Avision star from hyper-finance Crony-Capitals’s entrepreneurship, Mr Trump should be proud that the Russians have taken up the challenge of “free trade,” “commerce” and “capitalism” and are succeeding in these money making ventures. Guns AND butter.
and FJB.
Nobody wants to say anything about the millions of jobs and businesses that were destroyed during the covid plandemic. I actually kind of liked Trump until this BS. His drug pushing for big Pharma was disgusting.
Yep, he is one of them, a former? democrat that was for gun control.
Just keep ignoring everything that was written here, Auntie.
“For auto workers, Biden’s transition to electric is a transition to hell,” the former president declared. “A transition to unemployment.”
How does that even make sense? Don’t EV vehicles need someone to make them?
Yes,only about 20-25% of the current workforce is need……..
Sure hope more nigger DA’s find more crimes against this nyc piece of shit !