{"id":1358394,"date":"2022-03-04T04:46:24","date_gmt":"2022-03-04T09:46:24","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1358394"},"modified":"2022-03-04T09:53:03","modified_gmt":"2022-03-04T14:53:03","slug":"the-russian-oil-industry","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-russian-oil-industry\/","title":{"rendered":"The Russian Oil Industry"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">8<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthe-russian-oil-industry%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1358394&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"p1\">It\u2019s Friday, March 4th, and this is your Morning Wire. Listen to the full podcast:<\/p>\n<p class=\"p1\"><b>1) The Russian Oil Industry<br \/><\/b><\/p>\n<p><b>The Topline: <\/b><span>The military invasion of Ukraine has thrown a spotlight on the role fossil fuel exports play in Russia\u2019s economy. Now, a bipartisan group of legislators says this proves the U.S. has to make energy independence a priority.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=yXQJQJvbaKI\"><b>Quote Of The Day:<\/b><\/a><span> \u201cBetween the United States, the U.K., and the European Union, every single day, we are sending $700 million a day to Putin by buying his oil. \u2026President Biden needs to stop financing Putin\u2019s war with Russian oil, because he shut off the spigots of American energy.\u201d<\/span><\/p>\n<p><span>\u2013 Congressman Steve Scalise (R-LA) <\/span><\/p>\n<div id=\"attachment_350190\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-350190\" class=\"size-full wp-image-350190\" src=\"https:\/\/www.dailywire.com\/wp-content\/uploads\/2022\/03\/Denis-KozhevnikovContributorTASS-via-Getty-Images.jpg\" alt=\"\" width=\"600\" height=\"384\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/Denis-KozhevnikovContributorTASS-via-Getty-Images.jpg 600w, https:\/\/dw-wp-production.imgix.net\/2022\/03\/Denis-KozhevnikovContributorTASS-via-Getty-Images-300x192.jpg 300w\" \/><\/p>\n<p id=\"caption-attachment-350190\" class=\"wp-caption-text\">Denis Kozhevnikov\/Contributor\/TASS via Getty Images<\/p>\n<\/div>\n<p><b>Russian Oil<\/b><\/p>\n<p><span>Like most of the world, Russia\u2019s economy runs on fossil fuels. Russia produces 11% of all the oil in the world. Last year, oil and petroleum exports accounted for <\/span><a href=\"https:\/\/www.reuters.com\/markets\/europe\/russias-oil-gas-revenue-windfall-2022-01-21\/\"><span>more than one-third<\/span><\/a><span> of the country\u2019s budget.\u00a0<\/span><\/p>\n<p><span>The amount of oil the U.S. imported from Russia has reached a <\/span><a href=\"https:\/\/www.eia.gov\/dnav\/pet\/hist\/LeafHandler.ashx?n=PET&#038;s=MTTIM_NUS-NRS_1&#038;f=M\"><span>record-high<\/span><\/a><span> under President Joe Bide . Today, Russia supplies around 7% of all of America\u2019s energy imports and is America\u2019s <\/span><a href=\"https:\/\/www.forbes.com\/sites\/kenroberts\/2022\/02\/24\/russia-is-united-states-top-source-of-imported-gasoline\/\"><span>number-one supplier<\/span><\/a><span> of imported gasoline.<\/span><\/p>\n<p><span>Republicans are calling on the Biden administration to move toward energy independence. Democratic Senator Joe Manchin (WV) has also separately called on the president to increase U.S. energy production. In 2020, under President Trump, the U.S. gained energy independence for the first time in <\/span><a href=\"https:\/\/www.eia.gov\/energyexplained\/oil-and-petroleum-products\/imports-and-exports.php\"><span>more than 70 years<\/span><\/a><span>.<\/span><\/p>\n<p><b>Biden<\/b><\/p>\n<p><span>President Biden\u2019s taken several steps that could reduce U.S. energy production long term. In his first week in office, he <\/span><a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/presidential-actions\/2021\/01\/27\/executive-order-on-tackling-the-climate-crisis-at-home-and-abroad\/\"><span>signed<\/span><\/a><span> an executive order to \u201cpause new oil and natural gas leases on public lands or in offshore waters.\u201d A federal judge in Louisiana <\/span><a href=\"https:\/\/www.dailywire.com\/news\/federal-judge-delivers-significant-setback-for-biden-in-ruling-on-new-oil-and-gas-drilling-leases-reports\"><span>overturned<\/span><\/a><span> that order last June, but Biden once again <\/span><a href=\"https:\/\/www.dailywire.com\/news\/biden-halts-oil-gas-leases-as-oil-prices-skyrocket-at-home\"><span>halted<\/span><\/a><span> all federal energy leases last month.\u00a0<\/span><\/p>\n<p><span>The administration also canceled the Keystone XL pipeline, and Biden ordered federal regulators to invent a new measure he called the \u201csocial cost of carbon,\u201d which would factor in the harms that the environmentalist movement claims are created by fossil fuels.\u00a0<\/span><\/p>\n<p><span>This all caused U.S. gas and heating prices to rise, even before the current war. The price of a barrel of oil reached a near-record level this week of <\/span><a href=\"https:\/\/www.cnbc.com\/2022\/03\/01\/us-oil-jumps-to-7-year-high-above-101-a-barrel-as-russian-assault-prompts-supply-shortage-fears.html\"><span>more than $106<\/span><\/a><span> a barrel, which is a <\/span><a href=\"https:\/\/ycharts.com\/indicators\/average_crude_oil_spot_price\"><span>60% increase<\/span><\/a><span> in one year.\u00a0<\/span><\/p>\n<p><span>The Russian energy industry gives Putin tremendous leverage over U.S. allies. Even without the Nord Stream 2 pipeline, Germany already imports <\/span><a href=\"https:\/\/www.euractiv.com\/section\/energy\/news\/germany-to-create-strategic-coal-and-gas-reserves\/\"><span>55%<\/span><\/a><span> of its natural gas from Russia.\u00a0<\/span><\/p>\n<p><b>Remember<\/b><span>: The U.S. government estimates that the global energy use will increase 50% by 2050.<\/span><\/p>\n<p><span>\u00a0<\/span><span>Last month, 10 senators <\/span><a href=\"https:\/\/www.reed.senate.gov\/imo\/media\/doc\/letter_to_department_of_energy_on_lng_2-2-22.pdf\"><span>wrote a letter<\/span><\/a><span> to Energy Secretary Jennifer Granholm stating, \u201cwe urge you to take swift action to limit U.S. natural gas exports.\u201d\u00a0\u00a0<\/span><\/p>\n<div id=\"attachment_350192\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-350192\" class=\"size-full wp-image-350192\" src=\"https:\/\/www.dailywire.com\/wp-content\/uploads\/2022\/03\/Dan-KitwoodStaffGetty-Images.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/Dan-KitwoodStaffGetty-Images.jpg 600w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/Dan-KitwoodStaffGetty-Images-300x200-1.jpg 300w\" \/><\/p>\n<p id=\"caption-attachment-350192\" class=\"wp-caption-text\">Dan Kitwood\/Staff\/Getty Images<\/p>\n<\/div>\n<p><strong>2) Ukrainians Flee Violence<br \/><\/strong><\/p>\n<p><b>The Topline: <\/b><span>The Russian invasion of Ukraine continues, as new reports stream in of Russian gains in southern port cities and threats of violence by Russian forces once cities are captured.<\/span><\/p>\n<p><b>Quote Of The Day: <\/b><span>\u201c\u2026what they\u2019re desperate for right now is anti-tank missiles. So something that can cut the supply line. Something that can sort of destroy this ring that is being formed around the capital right now.\u201d<\/span><\/p>\n<p><b>\u2013 <\/b><span>Hollie McKay, a journalist on the ground in Ukraine and author of \u201c<\/span><a href=\"https:\/\/www.diangelopublications.com\/books\/only-cry-for-the-living\"><span>Only Cry For The Living<\/span><\/a><span>\u201d<\/span><\/p>\n<p><b>Updates<\/b><\/p>\n<p><span>Russian forces have entered Kherson, a port city in the south of Ukraine along the Black Sea. As many as 300 people have been killed there, according to the city\u2019s mayor. Some reports appear to suggest they\u2019ve captured the city, though Ukrainian President Volodymyr Zelensky is saying Ukrainians are still fighting. If Russia holds this position, it would be a major strategic win for them, with Russian forces laying siege on other seaports while also bombarding Kyiv and Kharkiv.<\/span><\/p>\n<p><span>When it comes to Kyiv, it appears as if the vast majority of violence is still limited to missile attacks.\u00a0<\/span><\/p>\n<p><span>Hollie McKay, a journalist on the ground in Ukraine, said the massive convoy just north of the capital city of Kyiv is still at a standstill.<\/span><\/p>\n<p><span>As the conflict continues to rage, the number of Ukrainians fleeing the country continues to rise. The United Nations is now saying that one million refugees have fled Ukraine, with evacuations being slowed down or even stopped by the Russian army blocking or damaging railway lines, trains, and bridges.<\/span><\/p>\n<p><span>There are also reports that Russia\u2019s Federal Security Service has drafted plans to carry out public executions in captured Ukrainian cities.\u00a0<\/span><\/p>\n<p><span>The mass exodus isn\u2019t limited to Ukraine. Two independent news outlets in Russia have been shut down for refusing to fall in line with the Kremlin. They\u2019ve been accused by the Russian government of pushing false information. In response, some Russian journalists are reportedly trying to escape the country.<\/span><\/p>\n<p><b>Peace Talks<\/b><\/p>\n<p><span>The second meeting between Ukrainian and Russian delegates took place on Thursday night.\u00a0<\/span><\/p>\n<p><span>It was reported that talks ended without any deal being reached, but an advisor to Zelensky who took part in the talks said that a tentative agreement was reached to organize safe corridors for civilian evacuation, as well as the delivery of humanitarian supplies. Under this agreement, cease-fires would be observed where corridors are created.<\/span><\/p>\n<p><b>And\u2026 <\/b><span>Zelensky is calling for a face-to-face meeting with Vladimir Putin. \u201cSit down with me to negotiate, just not at 30 meters,\u201d he said. \u201cI don\u2019t bite. What are you afraid of? Any words are more important than shots.\u201d<\/span><\/p>\n<div id=\"attachment_350193\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-350193\" class=\"size-full wp-image-350193\" src=\"https:\/\/www.dailywire.com\/wp-content\/uploads\/2022\/03\/Daisy-Daisy-via-Getty-Images.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/Daisy-Daisy-via-Getty-Images.jpg 600w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/Daisy-Daisy-via-Getty-Images-300x200-1.jpg 300w\" \/><\/p>\n<p id=\"caption-attachment-350193\" class=\"wp-caption-text\">Daisy-Daisy via Getty Images<\/p>\n<\/div>\n<p><strong>3) White House Reveals New COVID Strategy<br \/><\/strong><\/p>\n<p><b>The Topline: <\/b><span>In his State of the Union address, President Biden announced a new COVID strategy, which he says will help bring about a \u201cnew normal\u201d for the United States.<\/span><\/p>\n<p><b>The Plan<\/b><\/p>\n<p><span>Biden said he would start a \u201ctest to treat\u201d initiative, which would provide antiviral medications to those who test positive.\u00a0<\/span><\/p>\n<p><span>The president completely rejected the idea of \u201cliving with the virus.\u201d He compared it to living with AIDS or cancer. Critics were quick to observe that Americans don\u2019t shut the country down for those diseases.<\/span><\/p>\n<p><span>Another item in the plan includes more funding for schools and businesses. The initiative would provide guidance, tests, and supplies to help them stay open and improve ventilation and air filtration. This is in addition to the tens of billions of dollars already given to schools during the pandemic \u2013 much of which has yet to be spent.<\/span><\/p>\n<p><span>The United States will be funding vaccination efforts for poor countries, as well as the infrastructure to deliver those vaccines. The plan also promises emergency healthcare to address COVID surges overseas. Biden committed to donating 1.2 billion doses to other countries\u00a0 \u201cfor free, with zero strings attached.\u201d<\/span><\/p>\n<p><span>The Biden administration wants to work with drug manufacturers to produce a billion more doses of the vaccine, and work on a universal vaccine to protect against all variants. The administration also partnered with Pfizer to produce more than a million antiviral pills this month for people who test positive. This would also be paired with a PR campaign to inform people that the pills are available for free in pharmacies as soon as they test positive.<\/span><\/p>\n<p><b>The Numbers:<\/b> <span>After a spike over the holidays, the numbers are about where they were a year ago. <\/span><span>The average for deaths in the same time period is higher than it was at this point last year, while the seven-day average for hospitalizations is around where it was at the start of the pandemic.\u00a0<\/span><\/p>\n<div id=\"attachment_350198\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-350198\" class=\"size-full wp-image-350198\" src=\"https:\/\/www.dailywire.com\/wp-content\/uploads\/2022\/03\/Michele-CroweCBS-via-Getty-Images-.jpeg\" alt=\"\" width=\"600\" height=\"338\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/Michele-CroweCBS-via-Getty-Images-.jpeg 600w, https:\/\/dw-wp-production.imgix.net\/2022\/03\/Michele-CroweCBS-via-Getty-Images--300x169.jpeg 300w\" \/><\/p>\n<p id=\"caption-attachment-350198\" class=\"wp-caption-text\">Michele Crowe\/CBS via Getty Images<\/p>\n<\/div>\n<p><strong>Other Stories We\u2019re Tracking<\/strong><\/p>\n<p><b>Melinda French Gates<\/b><\/p>\n<p><span>Melinda French Gates sat down with CBS This Morning to explain details of her divorce from Bill Gates. Gates <\/span><a href=\"https:\/\/www.tmz.com\/2022\/03\/03\/melinda-french-gates-jeffrey-epstein-evil-divorce-bill-gates\/\"><span>said<\/span><\/a><span> directly that Bill\u2019s ongoing friendship with convicted pedophile Jeffrey Epstein was one of many factors that played a role in their divorce, and that she was vocal about her disapproval of Epstein.\u00a0<\/span><\/p>\n<p><b>Special Message<\/b><span>: Morning Wire will release a special episode this Sunday that looks into alleged financial violations of the Black Lives Matter organization.\u00a0\u00a0<\/span><\/p>\n<div class=\"mceTemp\">\n<p class=\"p1\"><i>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a<\/i>\u00a0<a href=\"https:\/\/www.dailywire.com\/subscribe\"><span class=\"s1\"><i>member<\/i><\/span><\/a><i>.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s Friday, March 4th, and this is your Morning Wire. Listen to the full podcast:1) The Russian Oil IndustryThe Topline: The military invasion of Ukraine has thrown a spotlight on<\/p>\n","protected":false},"author":1,"featured_media":1896335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1358394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1358394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1358394"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1358394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1896335"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1358394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1358394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1358394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}