Pellinore
Platinum Member
- May 30, 2018
- 1,994
- 1,153
You're missing some points.When Biden cut America's energy production, Putin made billions on oil which gave him the wherwithall to invade Ukraine and cause worldwide inflation. Let's go Brandon!!
President Biden didn't cut energy production as much as energy producers shut themselves down during Covid (mostly during Trump's time) because demand was so low. Oil fields and rigs have been slow to reopen largely because the corporations aren't convinced that it will pay off long-term, because so many of us may be driving electric cars in five or ten years.
What Biden *has* done is refuse to open up a bunch of environmentally protected lands, which the corporations would jump at, because it would be bad global-climate-wise, and sure as hell isn't going to ask the likes of Iran or Venezuela for help. He did, though, release a lot of gas from our strategic reserve, but that only made a moderate-sized dent.
Meanwhile, Russia and Saudi Arabia—who don't give a hairy shit about climate, and will happily gouge us all for every penny they can—had a pissing contest over the oil market which made prices rise all over.
Gas prices are soaring worldwide. Biden can only do so much, but it is mostly because of nature, capitalism, and other countries' messing with the market.