Originally posted by: Boilerman
Increased gasoline prices were not mostly Biden's fault, but every move he made early on was a mistake. Not allowing a Bakken natural gas pipeline AND limiting gas flaring. Key Stone phase 4 would be complete and we be importing an additional 5% of US oil demand from Canada. Not allowing the natural gas pipeline from Pennsylvania to the NE is assinine. Just to name a few. He's been a disaster
This is all complete BS...and it goes back to the conversation we already had and documented.
Oil companies have the ability to increase supply with their current wells.....and they are....albeit not as much as they we would like. You can listen to any recent conference call or review the links I've already posted wher the CEO's themselves say they are more interested in returning money to shareholders than expaning capacity. Thats the oil company ceo's.
Not a single one of them has said they are at max drilling capacity and unable to provide more without more pipeline/flaring/or whatever other Bullshit Boilerman says.
The FOX News pundits and election crybabies have their own sources that aren't oil ceo's who think they understand the oil business better than the executives who are running it. But here's the best part - the new energy bill being voted on right now opens up all the access the oil companies need - and all the access Boilerman has been crying about for the last 10 years. And every Republican universally is voting against it.
So even though Boilerman's argument is bullshit he can now blame Republicans for being at fault for oppossing it.