Biden's Power over oil & natural gas exports - Oct 18

[dan_s]

Watch this video: https://www.wsj.com/articles/biden-powe ... 1634496772

Team Biden has done some crazy things, so banning exports of US oil and natural gas is possible but IMO highly unlikely. Why?
> It would really piss off Europe that must have LNG from the US to survive this winter. It would crush the European economy.
> It would go against the Dems open border and one big happy family world view.
> It will be terrible for our balance of trade.
> It is probably illegal unless approved by Congress.

The situation in Europe is very bullish for Russia. Putin has to be laughing all the way to bank at Team Biden.

Higher fuel costs are not good for China and India, the world's largest populations.