ajax18 wrote: ↑Wed May 22, 2024 5:06 pm
Gasoline prices could go down. Energy prices could go down.
Fun fact: Under the Biden administration, the US is producing more oil than it has in its entire history. Not only is it producing more than it ever has, it's producing more oil than any other country in the world.
But hey, maybe Trump could "drill-baby-drill," or something. If we ignore the fact that under him, domestic production plummeted, domestic oil companies were bankrupted, and we lost over 60% of our domestic rigs. Guess what the trend was, even before COVID? (I'll give you a hint, it follows the same trend as Trump's socialist spending, and deficit ballooning, that made Obama look like a right-wing extremist, prior to COVID.)
(This space reserved for the inconvenient fact that Trump caused gas and oil prices to go up, with a deal with OPEC to reduce production. The same deal was still in effect when Biden took office... but, it's somehow Biden's fault, or something.)