Simple, it was 60% cheaper before Biden came into office. He deliberately sabotaged our oil companies and drilling so as the purposely raise prices. We were completely energy independent. The fact that your government screws with you doesn't make us feel any better when ours does it as well. There's no reason we should be begging this saudis or Venezuela for their oil. We can do it ourselves if our hands are not tied. You should be pissed as well at your oil prices. Your argument that it's more expensive in other countries is irrelevant. We need to pull as much of that shit out of the ground as we can and flood the market. The high oil prices coupled with trillions of dollars in wasted covid funds have contributed to 30% inflation.
Exactly. The whole thing with Biden saying they, the Oil Companies, made more money than God, and then the rebuttal by the Oil group saying he sabotaged them. If you look at it, Oil Companies didn't fare well under Trump. Exxon for instance hit a record low during Covid, because there was such an excess of USA produced oil. I have some Exxon and was not liking the drop myself, but only for that reason. I loved the low gas prices for my business under Trump and how it parlayed into other material prices because of low shipping cost because of fuel cost, or things made with oil. I had some of my best years ever under Trump.
I bet if you looked at people close to Biden you would find they bought Exxon when it was low. And made more money than God themselves. I really feel someone needs to look into the holding of everyone in the White House currently. What I am reading is that it is still a good time to get into Exxon, it's a "Buy", even now, that because of what Biden has done it is expected to go much higher.
Edit: you say 30% inflation. It’s closer to 40%. And also… master of the plannedemic, faucI, bet ya he bought Exxon at the low also.