Is this what you voted for, Democrats?
Among some of the earliest announcements coming out of the White House after Joe Biden’s inaug
hotair.com
Among some of the earliest announcements coming out of the White House after Joe Biden’s inauguration was a promise to clamp down on drilling, particularly on federal lands and offshore. While this all has to be done in stages, the oil and gas industry is already reacting. And since markets rely on “futures” as much as they do current supply and demand levels, the effects can often precede the cause. This is being noticed all across the nation at this point.
As CBS Baltimore pointed out on Monday, gas prices have been slowly but steadily rising over the past month. There are actually a variety of factors driving this trend, as we’ll get to in a moment, but government policy both at home and abroad is always a factor.
No they are not reacting. The oil markets are reacting to Trump's conspiring with OPEC to cut production. Trump wanted to raise the price of oil and sometimes when you get a ball rolling in one direction it can be hard to stop. Also incompetent Texas Republicans have contributed.
Trump has been out of office for two months. You're the reason Biden can get away with starting a war for oil while killing our energy independence, so we have to buy energy from his OPEC connections.
The ones that killed our energy independence are republicans, 5 years ago.
October 9 2015
Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports.
The House approved the bill on a 261-159 vote. Supporters said an ongoing boom in oil and gas drilling has made the 1970s-era restrictions obsolete. Lifting the export ban would lower prices at the pump, create jobs and boost the economy, said House Speaker John Boehner, R-Ohio.
"In my view, America's energy boom has the potential to reset the economic foundation of our economy and improve our standing around the world," Boehner said.
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