Thursday, March 24, 2022

Many people believe that the profit motive is the driving force behind business and if that is the case why aren't oil companies producing all the oil they can while oil is $100 per barrel. Why was Biden asking foreign governments to produce more oil and why did he wait until last week to ask US oil companies to produce more but refuses to reduce restrictions. Using hindsight Biden instead of canceling the XL pipeline should have accelerated the installation. Some say he is trying to walk a fine line between getting production up and not offending the greenies. As gas prices rise the pressure builds to increase production and Biden understands that the voters want lower gas prices. Although Biden promised during the campaign to reduce the environmental impact of fossil fuel the invasion by Russia has changed the world and Biden must change with the times. Promises must be put on the back burner until the situation in Ukraine changes.

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