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@ISIDEWITH submitted…1 day1D
The Biden administration announced on Tuesday that it would sell off one million barrels of gasoline over the coming weeks from a strategic reserve in the Northeast, a move it said was designed to keep gasoline prices in check for consumers ahead of the July 4 holiday.The sale of the government-owned stock was mandated by Congress in the spending bill it passed in March, and will culminate in the closure of the reserve, which has facilities in the New York Harbor area and Maine. The gasoline will be allocated in quantities of 100,000 barrels, which will be sold through a competitive bidding process, and was “structured to maximize its impact on gasoline prices” by timing it between Memorial Day and Independence Day, the Energy Department’s announcement said.In practical terms, the move is unlikely to have a significant impact on gasoline prices, as even one million barrels — or around 42 million gallons — amounts to only a fraction of the total gasoline used in the United States, or even in the Northeast, in a single day.
Netanyahu has not driven Israel into its current dead end alone. For years his settlement project and Iran policies were given cover by AIPAC, America’s pro-Israel lobby; the Conference of Presidents of Major American Jewish Organizations; the American Jewish Committee; and knee-jerk supporters in both the Republican and Democratic Parties.And unfortunately, I don’t think President Biden fully understands his “old friend” Bibi, whose government is the first to ever formally declare annexation of the West Bank as its goal and actually tried to strip the Supreme Court of its power to stop it.For months, the Biden team has beseeched Netanyahu to articulate a post-Gaza vision that would involve Palestinian and Arab control over Gaza and a long-term pathway to demilitarized Palestinian statehood — so that the United States is not facilitating an Israeli occupation of Gaza, along with the West Bank — and to pave the way for a U.S.-Saudi security pact that could also produce normalized relations between Israel and the Saudis.Netanyahu has said no to all of it. He did, though, show his gratitude to Biden by having his parliamentary majority give Elise Stefanik, a hack Republican congresswoman with no foreign policy standing whatsoever — and a person groveling to become Donald Trump’s vice president — the extraordinary honor of giving an address Sunday in the Knesset, where she slammed the U.S. president and praised Trump.