Drill baby drill

Many people are complaining about Exon/Mobile profits of $90 billion last year. During years 2010, 2011, 2012 and 2013 their profits were higher ranging from $92 to $112 billion. This was during the Obama years and he railed on about excess profits but nothing was done about it. Prices topped $4 in May of 2011 when oil production was 5.7 million barrels per day. Production increased to 10.4 million by June of 2018 and gas prices came down to $2.50. The high oil prices led to investment in shale oil which led to the increase in production with the technique called fracking and that can be done today. There is plenty of oil and increased production will bring down inflation. Obama didn't mind closing his eyes to climate change as oil production doubled and Biden would be wise to do the same.