Biden plays fool and pawn to Russia’s oil king

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Biden plays fool and pawn to Russia’s oil king
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Opinion | Peter Navarro: Biden plays fool and pawn to Russia’s oil king WashTimesOpEd

In relentless pursuit of American strategic energy dominance, Donald Trump made the United States a net oil exporter while his peace through strength doctrine contained Vladimir Putin’s revanchist ambitions. Pursuing a Green New World, President Biden has rapidly achieved strategic energy subservience while transforming Mr. Putin from a contained wolf to an unchained jackal now wielding enormous power over world energy markets.

Mr. Biden has screwed this critical strategic relationship up every which way since Sunday. During the 2020 presidential campaign, candidate Biden promised to stop Mr. Trump’s arms sales to the Saudis — sales I myself had worked hard on to create American manufacturing jobs. You would not have found a single Western analyst who would have foreseen this outcome when Russia invaded Ukraine. The United States, together with Europe and other allies like India and Japan, would quickly crush the Russian economy by refusing to buy their oil and gas. Of course, this conventional thinking quickly gave way to realpolitik.

One must ask here whether Mr. Putin must be declared the ultimate chess master for seeing this seemingly odd result in advance and therefore having no fear of invading Ukraine. Or maybe he just got lucky. Either way, America under Mr. Biden is now at the mercy of Saudi Arabia and Russia. Our gross domestic product growth will also take a hit. When Americans pay more for gasoline, that’s less to buy other growth-producing goods and services, from clothes and food to entertainment and travel. It’s a zero-sum recessionary game.

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