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![]() | Billy Graham: The Man I Knew By Greg Laurie / Salem Books |
![]() | Billy Graham: The Man I Knew By Greg Laurie / Salem Books |
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Today's Top Stories From the Breitbart News DeskThe White House this morning announced that it would release 50 million barrels from the Strategic Petroleum reserves in a coordinated action with allied oil-consuming countries. We suppose this was inevitable after OPEC rejected the Biden administration's pleas for more oil earlier this month. Indeed, the market seemed to think so, pushing down the price of oil in the three weeks leading up to today's actions. The market was unimpressed. Perhaps traders were expecting a bigger release from the U.S. Or perhaps they were underwhelmed by the releases planned by the likes of Japan, Britain, and India. Whatever the cause, the price of oil rose by more than three percent on Tuesday, exactly the opposite of what was intended. Most importantly, the global market understands that OPEC is very much still in the driver's seat when it comes to oil prices. U.S. production and rig counts are still well below the pre-pandemic levels. With the Biden administration's policies and rhetoric aimed at discouraging investment in fossil fuel exploration and extraction—with the promise of even worse to come, perhaps in the form of the Federal Reserve pushing banks against taking "climate risk" investments—there's little chance of U.S. supply recovering. Who is going to invest new money in rigs when you can get subsidized returns by investing in electric fuel stations? Those same policies also disincline the rest of the world's oil producers from increasing production to boost the U.S. economy. Why should the Saudis do us any favors when our ruling party has promised to eliminate the Kingdom's source of national wealth? The optimal strategy now is to extract as much wealth from the world, in the form of high prices, for as long as possible. Perhaps out of frustration with the market refusing to take orders, President Biden later on Tuesday said he was instructing the Federal Trade Commission to investigate whether high gasoline prices were being caused by "illegal and potentially anticompetitive" behavior by "gas supply companies." He even had the nerve to complain that oil-producing nations had not increased supply to meet global demand. Apparently, no one in the White House bothered to tell the president that the U.S. is the biggest laggard in this regard, with 45 percent fewer operating oil rigs today than pre-pandemic. – Alex Marlow & John Carney |
TOP STORY |
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| After Biden Caused Thousands of Layoffs, Granholm Complains Not Enough Oil & Gas Workers on the Job |
| Secretary of Energy Jennifer Granholm complained Tuesday in a White House briefing that there were not enough oil and gas workers to generate supply to lower gas prices, ignoring the fact that President Joe Biden caused thousands of layoffs. Granholm spoke after President Biden gave a speech about gas prices and the economy before leaving for Nantucket, Massachusetts, for a Thanksgiving vacation. Biden blamed foreign countries and American oil and gas companies for high fuel prices, as he released oil from the Strategic Petroleum Reserve and encouraged consumers to buy electric vehicles. Secretary Granholm continued in the same vein, accusing fossil fuel companies of letting oil and gas leases sit idle while they make "enormous profits." She added: "In fact, there are 150,000 fewer workers in oil and gas today. It was over 200,000 people who were working in the industry before the pandemic. They have not re-hired people. They have not turned on the rigs. They have not taken advantage of the permits that they have, on the land that they have." [Click here for more] |
IN OTHER STORIES... |
| Oil, Gas Industry, Other Stakeholders: Oil Reserve Release Temporary, Real Relief Calls for Domestic Energy Production |
| Reaction to President Joe Biden's announcement on Tuesday that he is releasing some 50 million barrels from the Strategic Petroleum Reserve has been swift and critics agree that the move is only a temporary fix and won't reduce the ongoing rise of gas prices at the pump. That will require Biden reversing his policies that have hampered domestic production, including reopening shuttered pipelines and trying to ban oil and gas operations on federal... [Click here for more] |
| Backfire: Oil Prices Soar as Market Rejects Biden Administration's Strategic Reserve Ploy |
| Oil prices rose above $82 a barrel on Tuesday morning after the Biden administration announced the U.S. and other nations would release tens of millions of barrels of oil from reserves in a ploy to lower prices. The price of Brent Sweet Crude, the global benchmark, rose by more than 3.3 percent following the announcement that the U.S. would be releasing 50 million barrels from the Strategic Petroleum Reserves. China, India, South Korea, Japan, and Britain are also... [Click here for more] |
| Bidenflation Causes Dollar Tree to Raise Prices by 25 Percent to $1.25 |
| President Joe Biden's 30 year-high inflation has caused Dollar Tree to raise prices by 25 percent on the majority of its products, the company announced Tuesday. After 35 years of offering consumers, often "low-income consumers," everyday products for just a dollar, Dollar Tree customers will have to fork over 25 percent more money, or $1.25, to purchase the majority of goods... [Click here for more] |
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Righteous Indignation: Excuse Me While I Save the World! by Andrew Breitbart
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Psalm 47
1 Oh clap your hands, all ye peoples; Shout unto God with the voice of triumph.
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3 He subdueth peoples under us, And nations under our feet.
4 He chooseth our inheritance for us, The glory of Jacob whom he loved. Selah
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Despite his status as one of the most influential and intelligent Christian authors of the 20th century, C.S. Lewis never thought of himself as a professional theologian. While he was well-read in many types of literary genres, he did not go to Seminary to obtain a Masters in Theology and study a year of Old Testament Hebrew and New Testament Greek. He was not a Pastor who preached sermons to a congregation for many years but a raw, honest philosopher and professor of literature who wrote as well as any Christian of his time could. He had a gift for clearly articulating his perspectives on a variety of issues. Above all, he was humble, in that he had an honest evaluation of both his strengths and his weaknesses. I believe this is one of the main reasons why he is still so enjoyable to read even after all these years. In terms of his theology, Lewis himself said he was an “Anglican but not especially ‘high,’ nor especially ‘low,’ nor especially anything else.” So the theology of C.S. Lewis is not something one can immediately discover by simply perusing a certain book of his to see exactly where he stands on certain doctrinal issues; it is much more subtle and convoluted than that. But in this book, you will find his different thoughts from his many books about certain Christian doctrines and topics pieced together in an easy-to-follow format (Lewis has written nearly 60 books but none of them are on systematic theology). This book offers very clear depictions of his theology concerning subjects such as the doctrine of inspiration, original sin, human depravity, human origins, evolution, intelligent design, theodicy, love and marriage, redemption, grace, new creation, and grief, as his authentic reaction to God after his wife’s death is conveyed. The final chapters also contain all of his greatest quotes arranged and sorted by topic as well as excerpts, quotes, and summaries from most of his books in a quick, easy-to-read, bullet-point format. These last two sections are a particularly great resource to draw from as you can quickly learn about the main points Lewis conveys in his bestselling books.

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