More oil for the rest of the world.
But not us.
Biden is treasonous. Bought and now blackmailed by China, and several other foreign entities.
And McCarthy will hem and haw, and NOT impeach and remove him. Because, donors. And he’s most likely compromised as well.
That'll help us, indirectly. All the buyers buy from the global marketplace. This will help to bring the prices down.
“More oil for the rest of the world.
But not us.”
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That’s the upshot here. This does nothing whatsoever for us, except creating 62 permanent jobs, and perhaps some tax revenue. Where is there any increase in domestic production, to alleviate high fuel costs and help to abate inflation? [crickets].
Actually, there is enough American oil to serve our needs with an excess to be exported.