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Reply to "$7/gallon gas is coming"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Biden just can't help himself. He is demonizing the oil industry. Again. No, Joe, their reluctance to drill more and produce more ISN'T because they don't want the price of oil to come down. Their reluctance to drill is YOUR fault. You have sent the message to them that what they produce is not welcomed in this country. Why would they produce more when you continue to fund green energy efforts AT THEIR EXPENSE? Why would they produce more when you have continued to tell them you are going to put them out of business? And, Americans are not buying the "Putin's price hike" narrative. They know the price of gas was increasing well before the war in Russia started. And, regarding the Strategic Reserve..... [twitter]https://twitter.com/AndrewCQuinn/status/1509551703489716227[/twitter] The strategic reserve is strategic for a reason. This is not a reason to tap it. [/quote] That's a lovely rant and it does encapsulate the prevailing mentality of many in the industry but forgive me for being blunt, it's complete bull from top to bottom. Bunch of freaking snowflakes. That being said. Biden's bit about the industry being greedy today was also bull.[/quote] A good 97% of the surge in gas prices is NOT supply related - it's traders trying to profit.[/quote]
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