Is Biden Right About Oil Companies?

[finnbow]

Originally Posted by bobabode

Another example of this poster's penchant for blatant dishonesty, see bolded. Gas went sub $2.00 during the worst of the Covid pandemic. Everything was shuttered and people were staying home. Demand was in the gutter.

You are simply dishonest, Mike. smh

Moreover, he fails to attribute increases in gas prices to Trump demanding Saudi Arabia reduce production back in 2020.

Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.

The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic.