March 12, 2024

Bidenomics - Lagging Oil Production and Higher Prices

Bidenomics - Lagging Oil Production and Higher Prices

US crude oil production under Biden is significantly behind the production trends of Obama and Trump. The Biden policies (restricting leases, restricting development, ending pipeline construction, unjustified green legislation and initiatives) are likely behind this lagging performance.

The result is higher prices and the world's greater dependance on Middle East, Russian and dictator's oil.


https://x.com/moxlosllc/status/1767636557563891906?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

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