[semimojo]

In fact, it’s even worse than oil. Price per BTU have DOUBLED compared to pre pandemic. Are we encouraging more or less fracking compared to the previous administration?

Whatever we're doing, it's working. US natural gas production is all the way back and now at all-time record levels.

"In fact, average 2021 monthly production of 2.85 Tcf beat the previous 2019 average monthly record of 2.82 Tcf. However, the monthly average through the first half of 2022 was even higher at 2.89 Tcf."

I'm not defending Biden's energy policy. I'm saying these are global markets and the other forces at play have had a much bigger impact on prices than our government has.

[SeekAndFind]

RE: I’m not defending Biden’s energy policy

My impression is you seem to be saying that high energy prices have nothing to do with Biden’s policies and even if Donald Trump’s policies were in place, we’d still be in the same situation we are in today.

In which case, you seem to be saying that Regardless of what Biden does ( whether or not he shuts down pipelines, bans more fracking or drilling ) energy prices will not be adversely affected. I find it hard to be convinced of this.

[SeekAndFind]

RE: Whatever we’re doing, it’s working. US natural gas production is all the way back and now at all-time record levels.

So, by this I take it you foresee Natural Gas prices to be DROPPING in the near future? If so, let’s revisit this thread a few months from now.

All I know personally are these as of today:

1. Petrol prices are still 30% higher compared to pre pandemic levels

2. Natural Gas prices are even higher

You said it’s working. I hope you’re right. So far, it isn’t.