Fuel Prices as a result of management.

[Seymour Flops]

Ha, you want to believe the govt. controls the flow of oil.

It doesn't, so why would Biden be bragging about how much lower the price of gasoline is under Biden than it was under Trump?

 

[Polishprince]

As to why they weren't drilling more, oil executives blamed Wall Street. Nearly 60% cited "investor pressure to maintain capital discipline" as the primary reason oil companies weren't drilling more despite skyrocketing prices, according to the Dallas Fed survey.Mar 25, 2022

U.S. producers reluctant to drill more oil, despite sky-high gas prices​

As long as the Democrat Party is in power, reluctance from oil producers to drill in the US will continue.

After all, the leases can be withdrawn at any time, lawsuits can be filed at any time as well, before the money is made back on the investment.

Biden is committed to the New Green Deal idea of "clean" energy and is against oil, gas and coal.

Exxon Mobil would look pretty stupid- and pretty broke- if they invested countless millions into Gulf of Mexico oil platforms and Biden pulled the plug on it before it produced money for them.

 

[KissMy]

Yes it would, when Bush 2 mentioned opening Alaska for drilling. The price of oil plummeted.

The price plummeted because Bush 2's fake economy imploded.

 

[jknowgood]

The price plummeted because Bush 2's fake economy imploded.

Lol, no the price plummeted just from the mentioning of more oil on the market. Why is Biden raiding out emergency oil? Because more oil on the market, means lower prices. Right before the election.

 

[Moonglow]

It doesn't, so why would Biden be bragging about how much lower the price of gasoline is under Biden than it was under Trump?

Because he's a fool politician.

 

[Seymour Flops]

Because he's a fool politician.

Praise Allah that he will be gone in 2025.

 

[Seymour Flops]

As long as the Democrat Party is in power, reluctance from oil producers to drill in the US will continue.

After all, the leases can be withdrawn at any time, lawsuits can be filed at any time as well, before the money is made back on the investment.

Biden is committed to the New Green Deal idea of "clean" energy and is against oil, gas and coal.

Exxon Mobil would look pretty stupid- and pretty broke- if they invested countless millions into Gulf of Mexico oil platforms and Biden pulled the plug on it before it produced money for them.

Yes, this is the Democratic Party doublespeak. Do all you can to make producers afraid to or unable to drill, and them blame them for not drilling when the price of oil skyrockets.

 

[Moonglow]

Praise Allah that he will be gone in 2025.

Things won't change you fool.

 

[Harpy Eagle]

Praise Allah that he will be gone in 2025.

And will be replaced with a different fool politician.

 

[Moonglow]

Yes, this is the Democratic Party doublespeak. Do all you can to make producers afraid to or unable to drill, and them blame them for not drilling when the price of oil skyrockets.

Like when Trump ruined the economy in 2020 and oil production was severely cut and bankruptcies ballooned in the oil business?

 

[Moonglow]

And will be replaced with a different fool politician.

It's a never ending parade of fools in D.C.

 

[Moonglow]

Maybe you all crying about fuel prices can get Russian and SA to create a glut in oil to destroy capitalist oil companies like they tried to do in 2018-2019 to make prices cheap again.

 

[Seymour Flops]

Like when Trump ruined the economy in 2020 and oil production was severely cut and bankruptcies ballooned in the oil business?

COVID, and our Faux-chi guided reaction to it ruined the economy.