”The U.S. is pumping oil faster than ever. Republicans don’t care.”
“The late-summer surge in gasoline prices is heightening the risks that inflation poses for President Joe Biden, and offering Republicans a new chance to pin the blame on his green agenda.”
“The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.”
“And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.”
“That hasn’t stopped GOP White House hopefuls from lambasting Biden and his energy policies, including the green incentives included in the climate law”
“Oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.”
https://www.politico.com/news/2023/08/28/republicans-gas-prices-oil-production-00111626
But, but, but Sean said it’s Biden’s fault cause he won’t let big Oil drill more, passed too many restrictions and regulations. And the biggest irony is that the US exports more oil than it imports
Just like the Infrastructure Bill, the same GOP Reps and Senators who voted against it are now out campaigning taking credit for developments it has bought to their communities
“The late-summer surge in gasoline prices is heightening the risks that inflation poses for President Joe Biden, and offering Republicans a new chance to pin the blame on his green agenda.”
“The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.”
“And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.”
“That hasn’t stopped GOP White House hopefuls from lambasting Biden and his energy policies, including the green incentives included in the climate law”
“Oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.”
https://www.politico.com/news/2023/08/28/republicans-gas-prices-oil-production-00111626
But, but, but Sean said it’s Biden’s fault cause he won’t let big Oil drill more, passed too many restrictions and regulations. And the biggest irony is that the US exports more oil than it imports
Just like the Infrastructure Bill, the same GOP Reps and Senators who voted against it are now out campaigning taking credit for developments it has bought to their communities
