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To: conservative98

Just flat-out lying by the NY Times. Some of the increase was due to Ukraine, but most happened prior, probably due to a combination of Biden’s policies and the world coming back on-line.

Also, what we can do alone to keep prices from getting too high is limited, since oil is traded on a global basis, so even if we crank up somewhat, the benefit of price decrease will be spread around the world, and not concentrated in the US. But what will be concentrated are the JOBS and balance of payments, we benefit directly from that.


9 posted on 03/15/2022 3:22:43 PM PDT by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone.)
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To: BobL

And primarily Biden pulled a bg chunk of American oil prodduction OFF-line.


17 posted on 03/15/2022 4:17:02 PM PDT by arthurus (0 covfefe C)
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