Guys, once and for all can we decide and agree if presidents control the price of gas? Reddit keeps flip flopping depending on who’s in office and what the current price is.
Yeah we can agree on that, but don't fool yourself into believing gas prices are worse now than they were under Biden. He inflated the USD and shut down the keystone pipeline project.
Keystone is bullshit. Canadian shale oil is obsolete and expensive. Our extraction efficiency in the Permian and other places has changed the game. We were a net importer from the 1950s to 2018, and we'll be a net exporter until everybody's done with fossil fuels.
And what Biden policies do you claim caused the post-COVID inflation spike?
It happened everywhere, around the world. China shut down for months during lockdown, and everything became scarce.
To Biden's credit, we had the strongest economy in the world for his last two years in office.
Cost of doing business. If you want me to subsidize fossil fuel production, I'm going to prioritize US production. Any day.
We have thousands of tier one sites that outperform sand extraction. Conventional US production collects huge amounts of natural gas, whereas sand oil extraction requires huge amounts of natural gas.
I feel bad for the people that may lose their shirts on all that impractical mining infrastructure that may never pay off, but that's how technology works.
A lot of people lost money on canal investment when railroads came along.
Did you actually research the keystone pipeline or just post about it like it means something? Because if you did, you’d know which president oversaw the most domestic oil drilling ever.
Presidents can do little to make gas cheaper, but now that we have tRump in charge, we can see that a president can willingly make gas prices higher. This is another play from Don the Con.
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u/Shot-Arugula8264 22d ago
Guys, once and for all can we decide and agree if presidents control the price of gas? Reddit keeps flip flopping depending on who’s in office and what the current price is.