Welcome to Topical Cream, a new, periodic UNFTR segment with an appropriately cringeworthy title for fuckery in the news. Our aim with these segments is to tackle more timely and newsworthy events that either relate to previous Unf*cking narratives or to set up future episodes. Our inaugural Cream finds us back in the world of crude oil and commodities with the recent capitulation on the part of the Biden administration to the oil and gas industry.
Resources
OilPrice.com: Oil Price Charts
CNBC: U.S. to release 1 million barrels of oil per day from reserves to help cut gas prices
The New York Times: Biden Plans to Open More Public Land to Drilling
Poynter: President Biden claimed that there are 9,000 unused oil drilling permits. That’s mostly true.
EIA: Short-Term Energy Outlook
UNFTR: Peak Oil.
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