Since Joe Biden was inaugurated as president of America in January of 2021, it has been evident to all individuals that the United States is increasingly facing worrisome circumstances on all levels of governance. Economically, inflation has soared to levels not witnessed since the 1970s and ordinary families across the nation continue to strain as the value of the dollar declines. The quality of life across all communities is on the downswing as criminal activity increases in cities and suburbs due in part to progressive Democratic “reform” policies enacted by public servants which lessen penalties for crimes deemed “low level”. Paired with all of this, a cultural conflict has engulfed increasing aspects of corporate and academic life in the country.
As gas prices continue to remain well above three dollars on average across America, the price of crude oil has skyrocketed as supply inventories of oil in the nation fell by 2.2 million at the end of September 2023. One refining company, Brent and West Texas Intermediate, or (WTI), has experienced price hikes for several consecutive days and reached their highest levels of 2023 on Wednesday. Prices are nearing quarterly price increase rates not witnessed since the initial days of Russia’s invasion of Ukraine in eastern Europe in early 2022. According to the CEO of Chevron, oil prices are likely to reach $100 per barrel within the near future. Mike Wirth cites the reason for such increases as common sense. In most high schools and colleges in America, the basic economic principle of “supply and demand” is learned by most students. When supply is low and demand is high, prices naturally increase. Under the Biden administration, domestic oil production has seriously decreased.
As Americans continue to struggle economically, China continues to advance a dominant agenda. The nation recently announced it would be prohibiting the use of American computer chips in government computers. China is technologically nearly self-sufficient as America struggles.
