03-03-2022, 11:59 AM
(03-03-2022, 11:38 AM)GMDino Wrote: Oh yeah. I wasn't blaming one party or another. This is a capitalism/anything for a profit thing.
It just directly relates to those blaming Biden for gas prices and saying we should keep our oil here. We used to.
who is saying this? This is the first time i've seen this take.
That aside, what do you expect the oil companies to do with all the oil? The US oil production levels over the last 20 years obliterate what they were back when this export ban was put in place. Hell, the reason they lifted the ban was because they didn't need it anymore with all the oil the US was producing.
Normally when you have excess supply, you look for more places to sell it. I'm not sure why anyone would consider that a bad thing.