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šŸ‡ŗšŸ‡ø A Saudi Surprise

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Good morning, and happy Friday! On Sunday, flags should be at half-staff, in honor of firefighters that were lost in the line of dutyā€¦

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šŸ“‰ President Biden Job Approval: Approve 45, Disapprove 54 (Rasmussen Reports)

šŸ“‰ President Biden Job Approval: Approve 45, Disapprove 52 (NPR/Marist)

šŸŽ 2022 Generic Congressional Vote: Republicans 45, Democrats 48 (NPR/Marist)

šŸ“‰ Direction of Country: Right Direction 28, Wrong Track 70 (NPR/Marist)

TRENDING

Right: Ben Domenech rips Biden for 'unpresidential' moment during Florida visit: 'Feels threatened' by DeSantis (Fox News)

Right: Appeals Court Rules Obama-Era DACA Program Unlawful (Daily Wire)

Right: FBI agents believe there is enough evidence to charge Hunter Biden: Report (Washington Examiner)

Left: Newt Gingrich stepped in to defend Herschel Walker. It didnā€™t go well. (CNN)

Left: What Maggie Habermanā€™s Big Trump Book Misses (Slate)

Left: Oregon's GOP Candidate For Governor Is Tying Herself To Violent Extremists (Huffington Post)

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Hydroponic Growth and Smart Garden Tech

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Pot Pardons, Merced County Horror, Stabbing on the Strip

US: ā€‹ā€‹Biden pardons marijuana offenses, calls for review of federal law (POLITICO)

US: California missing family of four found dead, including 8-month-old: officials (Fox News)

US: 2 people dead, 6 wounded in stabbing attacks on Las Vegas Strip, police say (NBC News)

US: GOP Sen. Ben Sasse expected to resign from Senate to lead University of Florida (Yahoo)

World: Kremlin denounces Zelenskiy's comments about preventive strikes (Reuters)

World: Dozens of children among at least 36 people killed in child care center massacre in Thailand (CNN)

Business: How Can I Break Into Venture Capital From a Nontraditional Background? (The Hustle)

World: Saudi Prince erupts at Reuters journalist as OPEC sides with Russia to cut oil supply (NY Post)

US: Riot plea: Proud Boys member admits to seditious conspiracy (AP)

Sports: Brittney Griner has suffered to "the max" in Russia, wife says (Axios)

Business: The Elon Musk vs. Twitter trial is on hold until October 28th (The Verge)

US: Crime Is Surging, So Chicagoā€™s Lori Lightfoot Just Announced A City-Wide Karaoke Contest (Daily Wire)

ENERGY

A Saudi Surprise

On Wednesday the Organization of the Petroleum Exporting Countries and its oil exporting allies (collectively referred to as OPEC+), announced they would be cutting oil production by 2 million barrels per day. This is expected to raise gasoline prices due to the constraint on supply.

From The Flag: News outlets have routinely described this as an ā€œOctober surpriseā€ ahead of the midterm elections, and the political fallout has the potential to be significant. We covered when the average price for a gallon of gas exceeded $5 in June, all while prices had been falling in recent weeks. President Biden also visited Saudi Arabia in July in an attempt to convince Crown Prince Mohammed bin Salman Al Saud to increase oil production. Hereā€™s the latest commentary from both sides.

LEFT-LEANING SENTIMENT

Alarms Flash for Democrats as Production Cuts Mean Higher Gas Prices

  • While OPEC+ handed the green energy movement a gift over the long term, the worldā€™s energy supply is currently being held hostage.

  • If this production cut causes gasoline prices to rise ahead of the midterms, that could spell political disaster for Democrats.

  • Who benefits from this decision? Despotic world leaders and Republicans in Congress.

ā€œPutin Finally Finds a True Friend in Saudi Arabiaā€ Mark Gongloff, Bloomberg Opinion: ā€œThe kingdom chose Putin over President Joe Biden in slashing OPEC+ oil production targets by 2 million barrels a day to prop up oil pricesā€¦ This decision seems rational in some ways: Expensive oil will fill Saudi coffers and keep Russia in artillery shells and torture devices, while hurting Biden politically. ā€¦ In other, more important ways, itā€™s self-defeating. Higher oil prices will keep central banks raising interest rates, hurting the global economy and crushing demand for oil. Meanwhile, OPEC+ customers now have 2 million new reasons to seek energy alternatives. ā€¦ But all that good news is further in the future. The trouble right now is that the worldā€™s precious energy fluids are being held hostageā€¦ Biden may be trouncing Putin in the war for global hearts and mindsā€¦ but that only makes him more liable to lash out. Energy is one of Putinā€™s sharpest weapons.ā€

ā€œLikely gas price hikes could hurt voters ā€“ and Democratsā€™ chances in Novemberā€ Stephen Collinson, CNN: ā€œMore pain at the pump would be a major blow to Democrats weeks from the midterm elections and bring President Joe Bidenā€™s boasts about getting the price per gallon down from record highs in June back to haunt him. And it could further hike the cost of living, a pivotal issue in the battle to control Congress on November 8. ā€¦ Soaring gasoline costs ā€“ a visceral indicator of economic pressure for millions of Americans ā€“ would offer Republicans a golden opening to dig deeper into their messaging about life being harder under Biden and potentially revive hopes of a red wave in November. ā€‹ā€‹Ministers of the OPEC+ group meeting in Viennaā€¦ (ignored) an extraordinary lobbying effort by the Biden administration, which one US official told CNN was akin to ā€˜having a spasm and panicking.ā€™ The reaction in Washington underscored the potential political calamityā€¦ with Democratic control of the House of Representatives and Senate hanging by a thread.ā€

One more opinion piece from the Left: OPEC's October Surprise: Higher gas prices a boon to Putin, the Saudis ā€” and Republicans Robert S. McElvaine, Salon

RIGHT-LEANING SENTIMENT

Gasoline Is About To Get More Expensive, and Democrats Are Out of Time

  • This oil crisis is a direct result of President Bidenā€™s push for green energy, as he has been hostile toward domestic production.

  • Even after traveling to Saudi Arabia and fist-bumping the crown prince in an embarrassing fashion, OPEC+ screwed over Biden.

  • This marks the third energy crisis in US history, following two in the 1970s, and it occurred on Bidenā€™s watch.

ā€œOPECā€™s October Oil Surpriseā€ Editorial Board, Wall Street Journal: ā€œThe Administration has released 200 million barrels or so from the Strategic Petroleum Reserve over the past year and about one million barrels a day in recent months. ā€¦ But oil traders arenā€™t naifs. They know the releases will soon end and the Administration will also have to start refilling the reserve, which is at its lowest level since 1984. ā€¦ To refill the reserve, the Administration may soon have to buy oil at a higher price than it has been selling it. Sell high and buy higher wasnā€™t supposed to be the strategy, Mr. President. A smarter strategy to reduce US energy prices would have been to encourage more domestic production. ā€¦ Democrats blame oil drillers for prioritizing profits over production, but companies must consider the long-term return on investment. The Biden policies have created substantial regulatory uncertainty, raised production costs, and directed capital to green energy.ā€

ā€œOPEC humiliates Biden once againā€ Editorial Board, Washington Examiner: ā€œFor decades, left-wing Democrats have been advocating higher gas prices ā€” after all, there is no stopping global warming as long as there's $2 gas. But now the tables have turned. Gas prices are high and climbing again, and Democrats are in a panic. There's an election coming up in a month ā€” didn't you hear? ā€¦ Part of the blame lies with Biden himself, between his anti-fossil fuel policies and his predictably inflationary post-COVID spending. Part of the blame lies with the Russian invasion of Ukraine ā€” but not that much of it. Gas prices had already shot up by $1.25 per gallon before President Vladimir Putin went to war. ā€¦ Biden was once credibly described as the world's wrongest man on foreign policy . Although that probably overstates the case, there is no question that he has driven away allies and shown weakness toward America's enemies.ā€

One more opinion piece from the Right: Joe Bidenā€™s Energy Crisis Rupert Darwall, Real Clear Energy

FLAG THIS

Parsing the Political Fallout, and How Oil Impacts Biden

Analysis from POLITICO shows ā€œswing statesā€ that feature competitive House races are experiencing rising gasoline prices. This includes Arizona, California, Nevada, and Ohio.

That contrasts with recent trends in polling. From July to September the number of people who expected gasoline prices to rise in six months declined by 10 points (Economist/YouGov).

Ahead of midterms, a separate survey asked voters what is most important: combatting climate change or ensuring energy security? The majority gave each issue equal footing (42%), while more prioritized energy security (34%) than those who put climate change first (21%).

The same poll asked if Europeā€™s energy crisis will impact the US, 7 in 10 Republicans as well as 6 in 10 Democrats said ā€œyesā€ (TIPP/Insight).

When ranking voting issues, how important are rising gasoline prices?

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FLAG FINDS

Crack Up Cookies, Make a Margarita, Expertly Crafted Coffee

šŸ„  These fortune cookies are sure to bring a laugh ā€“ but theyā€™re NSFW. That means ā€œnot safe for workā€ ā€“ and the reason is these cookies could be fairly described as ā€œoffensiveā€. Not the flavor! Theyā€™re delicious. But what could be called ā€œanti-fortunesā€ are printed on the messages inside ā€” which might ridicule and offendā€¦ all in good fun! Snag some cookies today.

šŸø Your party guests will love this margarita craft cocktail mix. Made by Lush Wine Mix, you simply add tequila (or white wine) and ice. Also includes what you need to easily make simple syrup for cocktails. A portion of the proceeds go toward families struggling with hunger. Click here while searching for your lost shaker of salt.

ā˜• For the coffee lover in your life. This gift set includes ground beans aged in whiskey, bourbon, and rum barrels. Cooperā€™s Cask Coffee is small batch, artisan roasted coffee. These are masterfully crafted blends you wonā€™t find in retail stores. Check out the four different types of coffee and their flavor profiles at this link.

WATERCOOLER

Route 66, Chess Cheaters, Roly Poly Crustaceans

On October 7, 1960, the first episode of the one-hour television drama "Route 66" aired on CBS. The program had a simple premise: It followed two young men, Buz Murdock (George Maharis pictured right) and Tod Stiles (Martin Milner pictured left), as they drove across the country in an inherited Corvette doing odd jobs and looking for adventure.

The Conversation: Chess: how to spot a potential cheat

Harvard Business Review: 4 Ways Busy People Sabotage Themselves

Saveur: How to Use Up Fresh Herbs Before They Go Bad

Today I Learned that Roly-Polys or Pill Bugs are terrestrial crustaceans and are closely related to lobsters, crabs, and shrimp.

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