Posted on 09/20/2022 11:18:17 AM PDT by SaxxonWoods
"Taxing companies when you want them to increase production is clearly not helpful," he said.
He speculated investors were holding back due to the "fear factor" of today's macroeconomic climate, but more investment now was critical for the supply situation to improve, especially since energy industry experts say it takes around three to four years for new investment to have an impact on production
(Excerpt) Read more at msn.com ...
They may be the lowest you'll see for years.
Janet Yellen said the same thing.
“Enjoy these current oil/gasoline/diesel prices while they last. They may be the lowest you’ll see for years.”
Lowest we’ll see FOREVER, if the Globalists are allowed to get their way. They’re in the process of ‘normalizing’ electricity at $1.00 per kilowatt hour, which, in the US would mean average monthly electric bills of $1,000 (a lot more when AC is needed). Also gasoline is already about $10 in Europe, expect to see closer to $20 if the Globalists get their way.
And the reason the above is needed, is that these types of prices are the ONLY WAY to get people to seriously cut back their energy usage.
Good to know she can right about something, but this one too obvious for even her to miss.
Am I a conspiracy theorist to imagine you may well be right?
They know it, and we know it. You’re exactly right. They want the vast majority of us to live energy poor lives, and the only way to strong arm folks into conserving is to increase the price…significantly. $5 a gallon gas and $0.15 per kWh electricity is way too cheap to have the desired effect.
Drill now and open government closed wells.
When this many governments are doing it, it’s not a conspiracy, it’s just a joint policy, announced and right out in the open.
“Drill now and open government closed wells.”
Nice idea, not going to be allowed.
For idiot leftist politicians, we are in a race between making the West dependent on Russia and Saudi Arabia for oil, or making ourselves dependent on China for green energy.
Which will win?
“Which will win?”
Perhaps both, at the expense of the citizens of the world.
Well, Biden is doing his best to keep the economy from rebounding.
I don’t think the economy is recovering……
The price of oil may not decrease much, but all signs are that things are staggering.
Trump can and will win 2024 on energy independence.
The Aramco chief is up to his eyeballs in brown.
More than likely correct.
So is he saying the economy should not get better?...!
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