Let’s shout this from the rooftops. This is for the fox / right wing media watching jerks that think gas prices are up because we don’t pump enough oil out of the ground, ruining the environment. They shout under tRump the US was energy independent. They are showing how clearly they don’t understand the oil to gas production. The US has always pumped the most oil. What we don’t do is refine most of it to the kinds of fuel we need most here, because as I understand it, the refineries are set up for a different type of oil. The oil from the US is mostly not the right kind to make the fuels we use. Also oil is sold on a worldwide market and oil companies can make more money selling it over seas than here. We need more refineries to refine the oil into the fuels we need here, but again that cuts into the profit margin of the oil / gas companies. And in the US, profit is king. The Saudis pump the kind of oil we need, it is imported. They can screw with us to keep us doing what they want by restricting the amount they pump / sell. The right wing people are too uninformed to know that they are bowing to the Saudi government every time they scream at and blame Biden for gas prices. And compared to a lot of advanced countries, the US has relatively cheap gas. Oh and closing the Keystone 2 pipeline before it could operate did not cause a fuel price increase / shortage. The pipeline was never used. Plus the oil that would run in it was destined to be sent out of the country. Hugs. Scottie
December 31, 2023
The Washington Post reports:
You won’t hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has. The flow of huge amounts of crude from American producers is playing a big role in keeping prices down at the pump, diminishing the geopolitical power of OPEC, and taming inflation.
The average price of a gallon of regular gasoline nationwide has dropped to close to $3, and analysts project it could stay that way leading up to the presidential election, potentially assuaging the economic anxieties of swing state voters who will be crucial to Biden’s hopes of a second term.
But it is not something the president publicly boasts about. The politics of oil are particularly tricky for Democrats, whose chances for victory in the 2024 elections could hinge on whether young, climate-conscious voters come out in big numbers.
Read the full article.


