There has been highest amount of oil production under Biden than any other President.

We also have nearly a million producing wells.
If capitalism was working the way it should gasoline prices should be at or near 2019 prices.

Let's say, just for shits and giggles, the energy companies get together and say we're charging $8 for a gallon of gas.

What is to stop them?

Congress?
SCOTUS?

What are our options if they do?
 
There has been highest amount of oil production under Biden than any other President.

INCLUDING TRUMP

If President Biden is doing such a grand job, how is this happening?

Inflation came in hot at 3.5% in March, CPI report shows. Fed could delay rate cuts.

Paul Davidson
USA TODAY
April 10, 2024

Inflation ran hot for a third straight month in March, raising questions about when the Federal Reserve will feel confident that price pressures are subdued and it can begin cutting interest rates.

Overall prices increased 3.5% from a year earlier, up from 3.2% in February, driven largely by the rising cost of rent and gasoline, according to the Labor Department’s consumer price index. On a monthly basis, costs rose 0.4%, similar to the previous month.

 
The same month he was sworn into office, Biden issued an executive order pausing permits for new oil and gas drilling and mandating more rigorous environmental reviews. In April of 2021, the administration set a target for a 50 to 52 percent reduction in greenhouse gas emissions from 2005 levels.

That summer, the administration canceled a key permit for the Keystone XL pipeline and blocked permits to drill in Alaska’s Arctic National Wildlife Refuge.
From your link:

"Despite the initial pause in issuing permits for production on federal lands, permits to drill increased, outpacing the Trump administration."
 
If capitalism was working the way it should gasoline prices should be at or near 2019 prices.

Let's say, just for shits and giggles, the energy companies get together and say we're charging $8 for a gallon of gas.

What is to stop them?

Congress?
SCOTUS?

What are our options if they do?
That is essentially what is happeneing.
 
From your link:

"Despite the initial pause in issuing permits for production on federal lands, permits to drill increased, outpacing the Trump administration."
Thats exactly what i said. He slowed oil production, then ramped it up after "Joe Biden did that" stickers were at every gas pump.
 
They pretty much held steady over the last year or so cum chugger.
Liar%20too.jpg
 
WTI is currently trading at $86.24.

Not even close to the highest in history.

And gas prices are not the highest in history.

Stop listening to your lying propagandists.
In your opinion, we should only be concerned if prices are the highest in history?

Brilliant! Simply brilliant!
 

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