As he campaigned for president in 2020, Joe Biden made a bold promise at a New Hampshire town hall, adding repetition for emphasis: “No more drilling on federal lands. Period. Period. Period. Period.” […]
The Biden administration has now outpaced the Trump administration in approving permits for drilling on public lands, and the United States is producing more oil than any country ever has. […]
The reality is the United States is already dominant. The country is expected to produce 13.2 million barrels of oil per day on average this year — millions of barrels more than Saudi Arabia or Russia.
Yup, Biden must’ve realized that high oil prices are political suicide. Thing is, he should’ve realized it before making any promises. He might not have known beforehand that war would drive prices high, but he should’ve accounted for potential changes in the market, he’s leading a country, not a student company.
https://www.washingtonpost.com/climate-environment/2024/08/16/biden-oil-drilling-production/
Yup, Biden must’ve realized that high oil prices are political suicide. Thing is, he should’ve realized it before making any promises. He might not have known beforehand that war would drive prices high, but he should’ve accounted for potential changes in the market, he’s leading a country, not a student company.