In this article, we talk about the Wataniya bitumen list , the oil market and

the global variables that affect the situations. Respectively, we start the

following article with the United States’ recent decisions. “The United States

has a vested interest in the stability of the global economy, and that means

that the United States government, no matter how they think about oil,

should,” said Amy Myers-Yaffe, a professor at the Fletcher School of

Law and Diplomacy at Tufts University.

 

Bitumen price

 

Wataniya bitumen list and the global variables

He believes if prices rise too quickly, it could have devastating consequences

for importing and low-income countries. This is also important inside the

United States, especially since higher crude oil prices mean that the

poorest Americans have to spend a higher proportion of their income on fuel. It’s important to mention that the Biden government’s message is inconsistent

with climate goals. In other words, the growth of the crude oil market,

coupled with the easing of the corona restrictions and the rapid growth

of the number of people vaccinated across the United States,

has led to a sharp rise in gasoline prices in the United States.

As a matter of fact, the average price of gasoline in the United States has

now reached $3 per gallon, and while this price seems good and cheap

compared to the price of gasoline in Europe, it represents a 45% increase in

the price of gasoline for consumers. Pre-sale gasoline prices in the

United States are now at a seven-year high. That is why the Biden

administration is eager to discuss cost-effective energy with the

Saudi Minister of Energy just hours before the important

OPEC Plus meeting to decide on the level of global oil supply.

Wataniya bitumen list and the political situations

“This says a lot about the political sensitivity of the Biden administration

to increase,” said Bob McNally, coordinator of the Rapidan Energy Group

and former White House adviser during the George W. Bush administration. “I expressed gasoline in supply pumps.” Of course, Granholm’s tweet came

at an inopportune time, as just hours after Joe Biden unveiled a $2 trillion

plan to green the country’s infrastructure and electrify cars,

buses and trains, Granholm tweeted from The Saudi Minister of Energy wrote.

Moreover, the transportation sector in the United States is the largest emitter

of greenhouse gases in the country, and gasoline is by far the most

consumed petroleum product in the country. In fact, Biden wants to

raise the standard for fossil fuel economy to prevent pollution from the

sector, and to make the United States the center of gravity for electric

vehicles worldwide by installing electric vehicle charging stations

across the country.

 

CONTACT US