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Biden has blocked oil contracts in the US but supported other countries to produce oil, it is very clear the democratic parties plan. There is no reason for oil
by txsoftwaredev 4y ago
Biden has blocked oil contracts in the US but supported other countries to produce oil, it is very clear the democratic parties plan. There is no reason for oil prices to be this high. It's clearly by design.
- elil17 4y agoHas that actually happened though? In his first year in office, Biden approved more oil permits than Trump. Biden's continued to approve more permits recently. Obviously many of his supporters (including myself) don't like this. However the reality is that Biden has done more than Trump did to keep oil prices low, he just got hit with an unlucky set of geopolitical events. https://biologicaldiversity.org/w/news/press-releases/new-data-biden-slays-trumps-first-year-drilling-permitting-by-34-2022-01-21/ https://biologicaldiversity.org/w/news/press-releases/new-da...
- txsoftwaredev 4y agohttps://abcnews.go.com/Politics/wireStory/biden-cancels-offshore-oil-lease-sales-gulf-coast-84671942 https://abcnews.go.com/Politics/wireStory/biden-cancels-offs... And the Keystone Pipeline was shutdown by executive order.
- elil17 4y agoSo gas prices went up because a pipeline that didn’t exist still doesn’t exist? How does that make any sense?
- txsoftwaredev 4y agoThe point is that the Biden administration has options to increase oil supply but refuses.
- elil17 4y agoBut that’s not really what’s happening. The administration prevented the creation of the Keystone XL pipeline which everyone has known is a terrible idea for years. Meanwhile, they’re pursing alternate options to increase oil supply.