03-04-2022, 08:59 PM
Another thing other than all the wells Biden personally capped which could contribute to higher oil prices and less oil production is activist investors. Capitalism.
https://www.cnbc.com/2021/05/26/engine-no-1-gets-at-least-2-candidates-elected-to-exxons-board-in-win-for-the-activist.html
https://www.cnbc.com/2021/10/28/shell-vs-activist-dan-loeb-is-bigger-for-big-oil-than-exxon-board-war.html
A pandemic, the great resignation, and the fact oil prices turned negative for the first time in history in 2020 probably has something to do with why oil companies are not producing more oil. But the more logical approach is to say Biden is solely responsible I watched him cap a well by my house.
https://www.cnbc.com/2021/05/26/engine-no-1-gets-at-least-2-candidates-elected-to-exxons-board-in-win-for-the-activist.html
https://www.cnbc.com/2021/10/28/shell-vs-activist-dan-loeb-is-bigger-for-big-oil-than-exxon-board-war.html
A pandemic, the great resignation, and the fact oil prices turned negative for the first time in history in 2020 probably has something to do with why oil companies are not producing more oil. But the more logical approach is to say Biden is solely responsible I watched him cap a well by my house.