Price Futures executive Phil Flynn says Biden has mutated global economy

During an interview with Maria on Thursday, Price Futures Group senior account executive Phil Flynn slammed the Biden administration for their egregious energy strategy, arguing that President Biden has mutated the global economy with his policy.

PHIL FLYNN: I think it means that oil prices are going back to $100 a barrel. I think this is the day that President Biden lost the shale revolution. It's the day that we lost the war of energy independence. When President Biden retreated from the U.S. oil and gas revolution and the shale revolution, that changed the world and changed global economies.

He opened up the door for OPEC and Russia to regain control of the global oil market. I think yesterday Saudi Arabia and Russia proved that to President Biden, much to his chagrin.