If Biden and his aides are going to keep demanding that Big Tech firms censor “misinformation,” they should start by censoring his claim that he has “done everything in my power to reduce gas prices.” He obviously hasn’t.
Biden says his promise to re-fill the SPR when oil prices drop to $70/BBL will be an incentive for oil companies to produce.
Another lie. Oil is currently $83.54. If firms don’t feel secure investing now, given Biden’s promise to shut them down, they won’t at $70.
“If you were an oil company, why would you invest hundreds of millions of dollars into expanding refining capacity if you thought the federal government or investors would shut you down in the next few years? The narrative coming from the administration is absolutely insane.”
– Biden just now offered to buy oil from American oil producers at $70/BBL.
– Biden aides last month offered OPEC $80/BBL
– In 2020, Democrats blocked Trump’s proposal to buy American oil at $24/BBL