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So glad we quit being energy independent last year….
We never were? Not sure what makes you think we “gave up” being energy independent last year.
Clark, you really should try to inform yourself in these matters. The United States has imported approximately 7 to 9 million barrels of oil per day for the last 10 years. Nothing has changed in that stance in the last year.
I agree Clark! In 1991 when Desert Storm kicked off gas was less than a $1/gallon and then spiked because of the war. We were assured it would resume to pre war prices and then a funny thing happened….it never went down. I doubt we will ever see sub $3/gallon gas again. If the US only imports a small portion of oil from Russia, why exactly did gas spike overnight to $4.25??
Because oil is a globally traded commodity, not a State-controlled raw material.
Biden needs to get realistic that energy independence is essential not only to our economy but also to our national security. Why can the administration not put politics aside and do what is best for the citizens and our security? Common sense is not so common.
Uncap US production and open Keystone XL to increase supply and dampen the market. Prices will right size at home and devalue the Russian product.
Matthew thank you for this. Republican Presidents open the pipeline, Democratic Presidents close them. We have plenty of oil in the US, Biden needs to release it to the people who own it…The America People!
There are over 9,800 unused oil drilling permits in the U.S. Time to stop peddling this nonsense.
I expect our Democratic friends will now try to blame the entire increase in prices on our efforts to punish Russia. But don’t be fooled, this was more than a year in the making.”
But….but….no more mean tweets, Charlene. Whaddya’ want, no mean tweets or $2.49 gas? You can’t have both.
Have’t you noticed how polite, civil, and pleasant United States discourse has become since Inauguration Day 2021…why, it’s a whole different country, singing Kum-Bah-Yah around the campfire.
Its a start but why not allow us to go back and produce at the levels under the previous administration? I am all for being as Green as possible and want to keep moving in that direction but curtailing our ability to be less dependent on other countries while we work our way that direction only makes us more vulnerable. Lets get back to where we were previously while still pursuing the advancement of the Green policies.
Administration keeps saying there are thousands of approved lease the our oil companies will not develop.
Why would they if the Dems will not assure that after investing hundreds of millions to do that, Biden won’t allow them to reach a return on the investment. Someone needs to ask the petroleum companies instead Jen Psaki
80 million American citizens voted for $4-5.00 gasoline………
…which is 7 million more American citizens’ votes than the election loser got.
The good news is that increased gas prices will drive continued development toward oil independence! Hard for new technologies to move forward when gas is cheap – like during the COVID period.
New technologies and petroleum based fuels are not mutually exclusive. Throw open oil and gas production by drastically reducing or eliminating regulations. Produce record amounts of fossil fuels thereby driving the price down substantially. Then increase the fuel tax rate modestly … to realize record revenues on slightly higher fuel tax rates combined with record volume of fuel taxed. Use the substantial increased tax revenues to fund new technologies development. “Low fuel prices that fund new technologies development”.
Aren’t we all so virtuous! We are letting a MANIAC drive us to bankruptcy so that we can all feel good about Ukraine and sticking it to Putin. Before the war in Ukraine even started, Biden had caused our gas prices to go up by $1.14 a gallon. This guy is pathetic and so is every other politician that goes along with it, be Democrat or Republican. This next year we will be examining ALL OF YOU!