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NEWS - FRIDAY, MARCH 01, 2024 - NEWS
Ksenia Karelina, a U.S.-Russia dual citizen who was detained in Russia over an apparent donation to a Ukrainian aid group, appeared via video in court on Thursday. A judge denied her appeal. LA Times
VOA VIEW: Putin knows Biden is weak.
Federal agents descended on at least two properties owned by the adviser, Winnie Greco, who was a prominent fund-raiser for Mayor Eric Adams’s campaign. New York Times
VOA VIEW: China could be in financial control of Adams.
Alabama's Republican-led Legislature on Thursday passed a bill aimed at protecting the in vitro fertilization industry after the state Supreme Court ruled that frozen embryos should be considered children, prompting at least three Alabama providers to halt the fertility procedure. Newsmax

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An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. Newsmax
VOA VIEW: Inflation is still hot.
House Judiciary Committee chair Rep. Jim Jordan, R-Ohio, on Thursday announced the committee has subpoenaed Homeland Security Secretary Alejandro Mayorkas for documents and communications relating to the migrant situation at the southern border. Newsmax
VOA VIEW: Good!
A U.S. federal judge granted a preliminary injunction preventing Texas from enforcing the SB4 immigration law, which made it a crime to cross the Texas-Mexico border illegally. Newsmax
VOA VIEW: Texas has the right to protect its border when the Feds refuse to.
Citing potential national security risks, the Biden administration says it will investigate Chinese-made "smart cars" that can gather sensitive information about Americans driving them. Newsmax
VOA VIEW: Anything from China should be suspect.
Half of U.S. evangelicals said recent immigrants are a "drain on economic resources," while 37% said immigrants are a threat to "law and order". Washington Times
VOA VIEW: They have it right.
Secretary of Defense Lloyd Austin on Thursday faced pointed criticism from lawmakers on Capitol Hill over his failure to notify the White House and Congress about his hospitalization last month. Washington Times
VOA VIEW: Austin is guilty and took responsibility.

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Most Americans want their country to remain neutral. Washington Times
VOA VIEW: Biden should not ben to Hamas or Palestinians - Israel is in command and control.
Agriculture Secretary Tom Vilsack reacted angrily to a whistleblower's complaint that his headquarters is a pandemic telework "ghost town," calling that an insult to "the USDA family." Washington Times
Popular video doorbells continue to be sold by major online retailers despite software vulnerabilities, says Consumer Reports. CBS
VOA VIEW: It sounds like a liability problem.
It comes as the FDA is weighing a major revision to the shots. CBS
VOA VIEW: So they say, but they have a trust problem.

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Both President Biden and former President Donald Trump are visiting the southern border on Thursday as immigration becomes a defining issue in the 2024 election. CBS
Beginning in 2020, U.S. food manufacturers committed to phasing out PFAS in wrappers, boxes and bags with coating to prevent grease, water and other liquids from soaking through. CBS
The Supreme Court says it will take up former President Trump's claim he should be immune from prosecution for his actions on Jan. 6, or any other day in office. The hearing is set for late April, which could have a big impact on the election. CBS
VOA VIEW: He should have immunity.

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The core PCE price index was expected to increase 0.4% in January on a monthly basis and 2.8% from a year ago. CNBC
VOA VIEW: An increase is an increase - bad news.
Russian President Vladimir Putin warned NATO countries of the danger of a nuclear conflict with Russia if NATO troops were deployed on the ground in Ukraine. CNBC
VOA VIEW: Putin threats should not be feared.
Problems with the new Free Application for Federal Student Aid have resulted in fewer students applying for college financial aid. CNBC
VOA VIEW: Free money drop will cause less demand.
Border Patrol in Fort Fairfield, Maine arrested a group of Chinese nationals near the northern border with Canada who were illegally seeking entry into the US. FOX News
VOA VIEW: China action must be stopped.
Miami Beach's drastic measures to "divorce" itself from spring break could displace party seekers to places like Fort Lauderdale. FOX News

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Democratic "Squad" member Rep. Rashida Tlaib, D-Mich., would not say if she is voting for President Biden in November given the ongoing conflict in Gaza. FOX News
VOA VIEW: Tlaib should be voted out of Congress.
Florida Gov. Ron DeSantis signs legislation allowing the release of some grand jury testimony — including sealed evidence introduced against Jeffrey Epstein. FOX News
VOA VIEW: As he should.
Britian's Prince William condemned anti-Semitism during a visit to a London synagogue Thursday. William also stressed the importance of Holocaust education. UPI

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Super Tuesday is days away, but the race for the GOP presidential nomination heats up Friday when the District of Columbia opens polls for its primary, followed by Michigan, Idaho, Missouri and North Dakota. UPI
VOA VIEW: Trump should prevail.
Passengers who use wheelchairs would have new rights and accommodations while flying under a new rule proposed by the Transportation Department on Thursday. UPI
VOA VIEW: It should cost more.
The PCE price index - the monthly consumer spending inflation rate - was 0.3% for January while personal income grew by 1%, according to the Thursday Bureau of Economic Analysis report. UPI
The House is expected to vote Thursday afternoon on another stopgap effort extending funding deadlines for government operations into March. UPI

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P.O. Box 10307
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COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
March 06, 2024

     Biden's fight against fossil fuel is financially hurting the entire US.  Thanks to OPEC production cutbacks, global oil prices surged to $87 a barrel this week.

     This means gas prices will soon rise well above $4 a gallon nationally.  These price hikes are like a multibillion-dollar tax on American families and drivers, with money going straight into the coffers of the OPEC nations and Russia.  The Saudis and Vladimir Putin couldn’t have scripted it better.  But there’s another villain here: President Joe Biden’s “put America last” war against our domestic fossil fuels. 

     Our best estimate, based on data from the Department of Energy’s forecasts, is that if we had stuck with Trump policies (rather than the constraints on anti-oil and gas imposed by Biden climate-change policies and related ESG initiatives), by today the United States would’ve produced roughly another 1.2 billion to 3.5 billion more barrels since Biden took office.  This added production could’ve completely neutralized the effects of OPEC production cuts and price hikes.

     The chart nearby shows pre-pandemic and the pre-Biden projections of oil production by the end of 2023 versus the actual drilling that has happened under Biden.  The value of the oil production lost due to this war on American energy and the reduced drilling ranges from $104 billion to $396 billion — so far.  This is also a national security self-inflicted wound, given the geopolitical importance of oil and gas production.  More bitter irony: These price spikes come even as Biden has just canceled drilling on several million acres of prime oil and gas lands in Alaska.

     He already removed 11 million acres of rich oil resources from the Gulf of Mexico and has killed oil and gas pipelines.  He’s pushing new emissions standards to effectively ban the sale of new gas cars and proposes new taxes on the oil and gas industry — even as he’s sending over $300 billion in tax money to the green energy movement.  The White House and the media claim that under Biden is now producing more energy than ever, as if he’s suddenly big oil’s best friend.  Yes: As oil prices keep soaring, US drilling has risen.  But the current 12.7 million barrels a day is still below the 13 million barrels per day back in the 2019 when the price was roughly $60 a barrel, not $87 a barrel.

     Biden boasts one day that America is producing more oil than ever, then the next day assures his green allies that he has put the country on a path to “net zero” emissions — which means a complete cessation of all oil and gas drilling.  Sorry, Mr. President.