Our President is so desperate now after seeing his approval rating plummet.... I remember Biden saying: OPEC+ do not pump more oil and Americans have to pay high gas price. This is not RIGHT. The largest US energy companies are making billions of $$$ and pay high dividends and buy back shares. And American consumers pay high gas price. This is not RIGHT. Biden is calling for the world's largest economies like China, Japan and India to release SPRs to lower global oil price.... But other than talking, Biden has not done a single thing to lower energy price. The same goes with DOE. Never any action. Not even a single barrel oil from huge US SPR. 100% policy failure. WASHINGTON—President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high, in the latest effort by the White House to respond to public concerns about costs for everything from fuel to groceries. Outside analysts expressed skepticism that the FTC would find enough evidence to substantiate Mr. Biden’s allegations, and they said the president has few options for quickly lowering gasoline prices. ---------------------------- https://www.wsj.com/articles/biden-...-gas-prices-high-11637164142?mod=hp_lead_pos1
On one hand you have people like Larry Fink trying to make it impossible for oil companies to receive financing to produce more oil due to his insane ESG mandates, then on the other hand you have the federal government now blaming oil companies for producing less oil. Confused yet?
%% MR Fink didnt like the gun companies rules also ; what's wrong with him/LOL?? I watch what they do, much more than what they say \\talk is cheap US gov makes big bucks now on big oil leases. Greens hated it. Mr Biden gives green like to Mr Powell again.............................................