Quote Originally Posted by Suppressed Poet View Post
I’ll give it to you that what you are saying is partially true. Gas prices were already trending upward when Biden took office due to Covid impacts and people returning to work.

What you are failing to acknowledge though is Biden’s energy policy as soon as he took office: no offshore drilling, no new federal leases, increased regulation overnight with lengthier times to process, etc. That policy has exasperated the issue of oil companies being unable to keep up with the increased demand. It’s only now has Biden curtailed some of the restrictions, and he fails to take any accountability for his part. Biden’s energy policy (there was an EO for that too) is one factor of many that directly contributed to soaring prices in fuel.
Pre pandemic monthly offshore oil production was 61,631 thousand barrels per month, two years later oil companies continue to idle production and rates stand at 52,887 thousand barrels per month according to the EIA. New Federal offshore leases being halted as a cause for higher oil prices is a proven lie.

13.9 million acres of government owned land is already leased to Big Oil and not being developed or even explored for oil. Despite their already being permitted for such activities. Source: Department of Interior, November 2021 report to the GAO. Again, proving the lack of feral leases or lack of permits being the cause of high oil prices is a lie.

The Keystone XL pipeline being blocked, cited time and time again as a cause for higher oil prices is also a lie. The pipeline would not have been in use until 2023 or later. Existing pipelines already bring Canadian oil to the US and there is no impediment to ongoing oil reaching our country from our northern neighbors. So more lies.

Big oil and it's limiting oil production from current available wells. FACT

Commodities brokers Upplaying Russia's oil being unavailable to some markets and Downplaying coordinated international SPR releases to manipulate oil higher for profit. FACT

American oil production, previously at 13.2 million barrels per day, now at 11.7 million barrels per day being exposed to international oil price volatility due to Republicans and Trump ending federal oil export ban. FACT