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NEWS - SUNDAY, MARCH 03, 2024 - NEWS
Large amounts of fertilizer and oil are spilling into the Red Sea by the sinking of a cargo ship attacked by Yemen's Houthi rebels. LA Times
VOA VIEW: Yemen must pay hard.
Congressional leaders are warning that shortages of ammunition and supplies are resulting in Ukraine losing ground in the war with Russia. LA Times
VOA VIEW: Ukraine is trying to intimidate the House to approve money.
Jews residing in the U.K. are contemplating leaving the country, equating their experiences to the horrors of Nazi Germany amid a surge in antisemitic incidents following the Oct. 7 Hamas massacre in Israel, reported the Independent. Newsmax
VOA VIEW: Sad!

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Trolling Democrats who have called him a "threat to democracy," former President Donald Trump pointed out the hypocrisy of President Joe Biden's supporters, anti-Trump forces, and the open border policies foisting violent crime and illegal immigration on Americans. Newsmax
VOA VIEW: Biden is getting a taste if his own medicine.
U.S. Treasury Secretary Janet Yellen on Saturday said she expects expanding demand for lithium to boost U.S. imports from Chile substantially in coming years. Newsmax
VOA VIEW: Yellen is an idiot.
Former President Donald Trump and the Club for Growth have reconciled. Trump declared during a speech at the organization's retreat that they are now "back in love," according to Politico. Newsmax
Former President Donald Trump has endorsed Rep. Lauren Boebert, R-Colo. Newsmax
VOA VIEW: Good!
A recent survey conducted by The New York Times and Siena College reveals that former President Donald Trump has a five-point lead over President Joe Biden in a theoretical rematch for the presidency. Newsmax
VOA VIEW: Great news.
Deaths from excessive drinking surged during the COVID-19 lockdowns, a new study from the Centers for Disease Control and Prevention found. Newsmax
VOA VIEW: Thanks to the CDC and Dems.

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GOP presidential candidate Nikki Haley received her first Senate endorsements this week from Republicans Susan Collins of Maine and Lisa Murkowski of Alaska. Newsmax
VOA VIEW: Expected from two losers.
In an interview with "Meet the Press," Republican presidential hopeful Nikki Haley expressed uncertainty about whether former President Donald Trump would adhere to the Constitution if reelected in 2024, The Hill reported. Newsmax
VOA VIEW: Halely is going to far.
'America is a sticky-fingered nation built on stolen land, and its current moral panic is about shoplifting,' Post reporter Maura Judkis wrote. New York Post
The share of voters who strongly disapprove of President Biden’s handling of his job has reached 47 percent, higher than in Times/Siena polls at any point in his presidency. New York Times
VOA VIEW: As they should.

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A new poll shows that nearly two in five Democrats say that the president should not be their nominee. But no one who matters to the president seems willing to suggest he step aside. New York Times
The former president won all 39 delegates against Nikki Haley during the caucus-style event in Grand Rapids. New York Times
VOA VIEW: Good!
The Georgia Legislature passed a bill on Thursday that lets police arrest anyone suspected of entering the country illegally following the slaying of college student Laken Riley. Washington Times
VOA VIEW: Sounds like a good idea that all states should adopt.

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A federal judge is upholding provisions of new Arizona laws that would require counties to verify the status of registered voters who haven't provided proof of U.S. citizenship and cross-check voter registration information with various government databases. Washington Times
VOA VIEW: It should be a nation wide law.
A powerful blizzard is dumping snow in the Sierra Nevada as gusty winds and heavy rain hit lower elevations. CBS
A senior U.S. official says Israel has essentially endorsed a framework of a proposed Gaza cease-fire and hostage release deal, and it is now up to Hamas to agree to it. CBS
VOA VIEW: More WH exaggerations.
Few states hold as much importance in the presidential election as Michigan, which has swung between the parties and holds 15 electoral votes. In the hotly contested state, young voters are likely to play an outsized role in 2024. Scott MacFarlane has more. CBS
VOA VIEW: Young voters will vote GOP if they are wise.
Donald Trump has won Missouri's Republican caucuses, one of three events Saturday that will award delegates for the GOP presidential nomination. CBS
VOA VIEW: Good!

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"All the talk about the independent No Labels, all that — I haven't talked to anybody about that," Nikki Haley told reporters. CBS
Immigrants are helping the U.S. labor force grow, counterbalancing trends such as lower birth rates and an aging population that would otherwise shrink it. CNBC
VOA VIEW: It's very costly to Americans.
Colleges and universities including Ivy League schools are creating AI-specific degrees. Artificial intelligence will change jobs, but can that be taught? CNBC

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Buyers of U.S. Treasurys have been changing, with major players including China, Japan and the Fed seeing their respective holdings decline in recent years. CNBC
The nation's debt now stands at nearly $34.4 billion. CNBC
VOA VIEW: Thanks to Biden.
Elon Musk has filed a lawsuit against OpenAI and CEO Sam Altman, among others, accusing them of breaching a contractual agreement. CNBC
The FBI is collecting debris found by Alaskan fisherman that may be from a crashed Chinese spy balloon. FOX News
VOA VIEW: China is spying.
Highway shootings are up across the country and police say there's no clear solution. Law enforcement departments in at least six states reported more highway shootings since 2023. FOX News
VOA VIEW: Law and order has been lacking since Biden became president.
The charges against Virgilio Aguilar Mendez, the 19-year-old illegal migrant accused of causing the death of a Florida sheriff's office sergeant has had his charges dropped. FOX News
Members of the World Trade Organization wrapped up the 13th Ministerial Conference in Abu Dhabi Saturday with a consensus to extend a moratorium on e-commerce tariffs for two years and little else. UPI
A proposed Florida law banning social media use by youth under age 16 has been vetoed by Gov. Ron DeSantis, who says he instead favors a less-restrictive alternative measure. UPI
VOA VIEW: As he should.
The first American humanitarian aid shipments to Gaza were successfully air dropped into the Palestinian enclave Saturday, U.S. military officials confirmed. UPI
VOA VIEW: More has been stolen by Hamas.
The Wisconsin Supreme Court has opted not to hear arguments over a lawsuit filed by Democrats seeking to redraw the Dairy State's congressional maps. UPI
VOA VIEW: Good!
A hearing in the classified documents case against former President Donald Trump  ended Friday without a new trial date announcement. UPI
VOA VIEW: After the election is the fair time.

VOA VIEW -- Is the opinion of "Voice of Americans", which is a private entity not affiliated in any way with the United States government or any of its agencies. The opinions expressed here, in whatever medium or format, are not necessarily the opinions of the ownership or advertisers of this web site - 0415.


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COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
March 06, 2024

     Biden's fight against fossil fuel is financially hurting the entire US.  Thanks to OPEC production cutbacks, global oil prices surged to $87 a barrel this week.

     This means gas prices will soon rise well above $4 a gallon nationally.  These price hikes are like a multibillion-dollar tax on American families and drivers, with money going straight into the coffers of the OPEC nations and Russia.  The Saudis and Vladimir Putin couldn’t have scripted it better.  But there’s another villain here: President Joe Biden’s “put America last” war against our domestic fossil fuels. 

     Our best estimate, based on data from the Department of Energy’s forecasts, is that if we had stuck with Trump policies (rather than the constraints on anti-oil and gas imposed by Biden climate-change policies and related ESG initiatives), by today the United States would’ve produced roughly another 1.2 billion to 3.5 billion more barrels since Biden took office.  This added production could’ve completely neutralized the effects of OPEC production cuts and price hikes.

     The chart nearby shows pre-pandemic and the pre-Biden projections of oil production by the end of 2023 versus the actual drilling that has happened under Biden.  The value of the oil production lost due to this war on American energy and the reduced drilling ranges from $104 billion to $396 billion — so far.  This is also a national security self-inflicted wound, given the geopolitical importance of oil and gas production.  More bitter irony: These price spikes come even as Biden has just canceled drilling on several million acres of prime oil and gas lands in Alaska.

     He already removed 11 million acres of rich oil resources from the Gulf of Mexico and has killed oil and gas pipelines.  He’s pushing new emissions standards to effectively ban the sale of new gas cars and proposes new taxes on the oil and gas industry — even as he’s sending over $300 billion in tax money to the green energy movement.  The White House and the media claim that under Biden is now producing more energy than ever, as if he’s suddenly big oil’s best friend.  Yes: As oil prices keep soaring, US drilling has risen.  But the current 12.7 million barrels a day is still below the 13 million barrels per day back in the 2019 when the price was roughly $60 a barrel, not $87 a barrel.

     Biden boasts one day that America is producing more oil than ever, then the next day assures his green allies that he has put the country on a path to “net zero” emissions — which means a complete cessation of all oil and gas drilling.  Sorry, Mr. President.