I get so sick of the left’s twisted obfuscation to protect the Obamafuscator - n - chief.
I can’t read their tripe any more. What would happen if Supply is decreased? By their logic, gas prices will go down. silly twisted sick.
We can drill every square inch of land...but since the left obscures the issue that their regs close refineries and destroy infrastructure it’s easy to make their meme ‘fact’.
The press is a Marxist entity.
Question: What do President Barack Obama and ex-President Jimmy Carter have in common?
Answer: Both presided over strong increases in domestic oil production that were a result of decisions made before they took office.
The reason oil production rose under Jimmy Carter was because in 1973 President Nixon pushed through the Trans-Alaska Pipeline Authorization Act which cleared away legal challenges from environmentalists seeking to stop construction of the Trans-Alaska Pipeline. That pipeline started production in 1977, during President Carters first year in office, and as a result oil production rose for the first 2 years of his term.
Likewise, the reason that oil production has risen under President Obama is due to events that happened years earlier. In this case, it wasnt some grand initiative that President Bush passed, rather it was years of steadily increasing oil prices that caused oil companies to approve a number of new projects that had marginal economics at lower oil prices. But these projects take some years to build, and as in the case of the Alaska Pipeline, decisions that were made 4-6 years earlier benefited President Obama with increased domestic oil production.