Quote:
Originally Posted by Jim in CT
if the biden administration hadn’t put a moratorium on new leases when they took office in january 2021 ( more than 6 to 8 months ago), how much more might we be producing?
it’s also speculative pricing wdmso, you know those. pricing is based, in part, on a the speculation of what supply will be.
Not one person in the world
believed that Biden was going to
increase oil production. Every sane person believed production would
decrease. that’s going to increase price, all other things being equal.
you can’t win this. it’s a lie to say biden caused all of it. it’s also a lie to say he had no hand in it.
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biden administration hadn’t put a moratorium on new leases when they took office in january 2021 ( more than 6 to 8 months ago), how much more might we be producing?
None ! Jim your still clinging to a lie
The oil companies had plenty of unused leases they decided not to use them . It’s that simple
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