Quote (ofthevoid @ Mar 15 2021 02:12pm)
Texas weather was a blip on the radar. Inconsequential compared to things like killing off the keystone pipeline or increasing regulation. If you look at Crude Oil price, it essentially went up from 40 to 60+ since November, right after the election.
Last time gasoline was 4/gallon was under another Democrat president. It makes sense really, higher regulation usually leads to lower supply and/or higher costs leading to higher commodity prices.
I'm generally in favor of higher fossil fuel costs. We've been getting a free ride for far too long, socializing the costs and pumping subsidy to keep gas pump prices low.
Keystone was garbage and should have never happened. It directly violated our treaties with the tribe who's land it passed through and Obama should have shut it down before it ever became an issue. Too bad he was a pussy.
Anyway back to read things.
Was Keystone XL actually pumping? I haven't kept up with it so I don't know the status. I know there was some construction happening as late as January? What regulations did he have the power to enact in November? That seems to be a pretty solid bullet in the claim that his actions caused a price increase if he wasn't even president when prices started going up right?