See world oil prices rising fast as soon as it is clear that Biden will indeed cancel or kill fracking in federal lands, meaning drastic cut in US oil-gas output.
Russia main exports (about 50% of total) are oil-gas-coal, not missiles or jetfighters.
High US oil-gas output means lower world oil-gas prices, Putin/Russia and OPEC unhappy.
Low US oil-gas output means higher world oil-gas prices, Putin/Russia and OPEC are happy.
See these recent reports:
US oil output 2021 projected to decline,
Saudi and OPEC cutting output to further raise prices,
While Russia will raise output, to raise its market share,
Meanwhile, observe this pattern:
When Obama was re-elected, no campaign promise of killing fracking, US oil output continued rising.
When Trump was elected, with campaign promise of drill-baby-drill and more fracking, US oil output continued rising.
When Biden was elected, with campaign promise to kill fracking, with EO on day 1 (Jan. 20) to cancel oil gas drilling in federal lands, US oil output is flat.
Peak US crude oil production was 13.10 million barrels per day (mbpd) end-February 2020, pre-lockdowns. Production in Dec. 2016 (Obama last full month) was 8.77 mbpd. So there was an increase of 4.33 mbpd in 3 years and 2 months or an increase of about 1.35 mbpd per year under Trump.
Other impact of Biden policies, below. Notice how Democrat state New Mexico, Democrat unions, now worry about their beloved Democrat President.
Biden policies already creating job losses, energy costs will skyrocket
Joseph D’Aleo, CCM Tuesday, January 19, 2021
Biden’s pause on oil cause for big concern in New Mexico
By SUSAN MONTOYA BRYAN January 23, 2021
Administration Sets Out Plan for Eve of Energy Destruction
Kenny Stein January 25, 2021
Secretary: Sorry Folks, We're Raising Taxes to Pay for Climate Policies
Katie Pavlich| Posted: Jan 27, 2021 11:15 AM
Feeding the Hand that Smites: Union Leaders Protesting Biden’s Cancellation of Keystone XL Pipeline Endorsed Him Despite Campaign Pledge to Kill the Project
By Marlo Lewis, Jr., Jan 27, 2021
Biden to End Fossil Fuel Subsidies: Like the Paris Agreement, it Will Make No Difference
By Roy Spencer, Jan 27, 2021
Energy Jobs’ Really Means ‘No Energy Jobs’ And ‘Low-Paying Energy Jobs’
JANUARY 27, 2021 By Mike Pasko
John Kerry: Gas Industry Workers Who Lose Their Jobs Can Go ‘Make The Solar Panels’
By Tim Pearce, Jan 27, 2021
By Clinton E. Crackel January 28, 2021
President Biden’s Climate Day: the Entire Federal Government Will Be Focused on the “Climate Crisis”
By Myron Ebell, Jan 29, 2021
The dark side of
‘green energy’ and its threat to the nation’s environment
What happens to old solar panels, windmills and high tech batteries?
By Amy Joi O'Donoghue Jan 30, 2021, 10:00pm MST
Biden Wants to
Kill 80 Percent of America's Energy
Stephen Moore |Posted: Feb 02, 2021 12:01 AM
Biden’s Energy Plan May Be Costly For Consumers
4 February, 2021 Daniel Lacalle
Virginia will pay
trillions for renewable power
By David Wojick |February 5th, 2021
Offshore Wind Plans
Will Drive Up Electricity Prices And Require ‘Massive Industrialization Of The
Robert Bryce Feb 5, 2021,09:17am EST
Energy: President Biden’s First 100 Days
Natalie DeCario February 5, 2021
Shafting The Poor
by Willis Eschenbach, February 6, 2021
Energy 136, California blackouts and wind-solar, August 21, 2020
Energy 137, Piki Lopez's climate and energy alarmism, December 26, 2020
Energy 138, China coal and Europe near blackout, February 01, 2021.