Oil

[GMDino]

(03-03-2022, 11:59 AM)basballguy Wrote: 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.  

It's a pretty popular sentiment.  For example:

http://thebengalsboard.com/Thread-Political-Comics-Memes-Jokes-etc?pid=1184162#pid1184162

But more to the point any time the price of gas goes up people push the "drill baby drill" narrative too and that ignores that what they drill doesn't  stay here.

Just like the oil that would have gone through the new XL pipeline would not have stayed in the US.

People aren't always informed when they start chanting catch phrases or wearing them at the SOTU.