The images are disconcerting.
Most stories in the mainstream media just say the French riots are in reaction to rising fuel prices. That is not the reason. Paris is burning over rising fuel taxes that were instituted by France to combat climate change.
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| Credit: The Today Show |
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| Credit: Alain Jocard/AFP |
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| Credit: CBS News |
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| Credit: Olivier Coret News Pictures |
This is why Paris is burning according to CNN.com.
The French government is considering "all options" to control protests against rising fuel prices that have turned violent in Paris over the last three weeks, a spokesman said Sunday.
Speaking on France's Europe 1 radio, spokesman Benjamin Griveaux said the government is thinking about steps to prevent "serious outbursts of violence," including introducing a introducing a state of emergency.
Rising fuel prices are largely attributed to a leap in the wholesale price of oil worldwide.
But the protests have evolved into a broader demonstration against Macron, his government, and tensions between the metropolitan elite and rural poor.
Macron has borne the brunt of the demonstrators' anger instead of OPEC for reducing oil production, or the US for imposing tariffs on Iran, which crippled oil exports.
The problem with this "reporting" is that these protests have nothing to do with rising fuel prices due to a leap in the wholesale price of oil.
In fact, the price of oil has been fallen dramatically over the last eight weeks. (as you might have noticed at the gas pumps yourself).
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| Credit: OilPrice.com |
Brent crude oil fell from $84.58 on October 5 to $59.46 on December 2---a 30% decrease.
Saudi Arabia has also not been cutting oil production. These are the production totals for the last 12 months through October.
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| Saudi Arabia Oil Production- Last 12 Months Credit: TradingEconomics.com |
It is true that Saudi Arabia is considering cutting oil production in the face of the declining price of oil to try to prop up prices. However, they realize that will not do them any good unless all other OPEC members (and Russia) do the same. However, all of these countries desperately need the oil revenues so it is difficult to cut back production while prices have declined so rapidly. They simply need the money.
Fuel prices have risen in France, not because of rising oil prices, but due to fuel taxes that have been implemented in order to combat "climate change". Diesel fuel taxes have been increased 7 cents and gas 4 cents per litre and they will continue to climb in future years based on laws already in effect.
You want to know why President Trump cites CNN when he talks about "fake news"? This story is a prime example.
President Macron of France has stated that fuel prices have to rise in line with other green initiatives made necessary by the Paris Climate Change Agreement.
The fact is CNN and the mainstream media would like to obscure the truth about why Paris is burning. It simply does not fit the leftist narrative it wants to promote.
CNN also does not want anything to support the notion that President Trump may have been right to exit the Paris Accords.
In the meantime, make no mistake that this is the future that the Democrats want for the United States.
Why is Paris burning?
It is because liberals are not happy unless the government is controlling even those things that it can't control.
I wrote the following five years ago as the Obama administration was working to put the entire U.S. coal industry out of business. At the same time, China was building hundreds of coal-fired generating plants. You could say the same thing for oil and other fossil fuels in Europe. The Left seems to be intent to push its climate change agenda no matter what the costs.
Why is Paris burning?
It is because of thinking like this.
Only in a liberal mind does it make sense to...
shut down your most cost-effective energy generating source,
shut-off your most abundant energy resource,
raise electricity costs on all Americans,
and risk losing hundreds of thousand of jobs in the process.
In an attempt to solve a problem...
that we are not even sure we have,
and if we do, we are not sure we can do anything about it,
because of natural or external forces that we cannot control,
that may overwhelm anything we do anyway,
that ultimately works to the advantage of your biggest trade partner,
that will undoubtedly result in more job losses for Americans over the longer term.
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