Sky Information host Paul Murray says there was a “very massive choice” as we speak that’s going to have an effect on every thing to do with the Australian economic system.
“It’s a choice that’s going to drive up inflation, that can drive up rates of interest, however no one actually talked about it as we speak,” Mr Murray mentioned.
The Organisation of the Petroleum Exporting Nations (OPEC) agreed on Wednesday to dramatically reduce output by two million barrels per day – roughly two per cent of the worldwide provide.
“Now all of this goes again to our previous mate Joe Biden and yet one more stuff-up from him,” Mr Murray mentioned.
“Keep in mind, after all, the President who’s so wonderful, he defies gravity by falling up the steps.”