In a rare outbreak of common sense — or at least the appearance of common sense — overcoming political expediency, the Biden administration is quietly overseeing a tremendous increase in domestic oil production. If one is to believe the Washington Post , which granted, even under the most favorable of circumstances, is a bit of a stretch:
Advertisement The U.S. is producing so much oil that it has undermined the influence of OPEC, which failed when it tried to make production cuts recently to drive prices up globally. The amount cut was quickly backfilled by the U.S. and other non-OPEC nations, which gladly grabbed the market share OPEC forfeited. At the same time this increase in production is going on, the administration is continuing to mealy-mouth the line about easing away from fossil fuels. Whether anyone save the most die-hard tree-huggers still buy this as a […]
Read the Whole Article From the Source: redstate.com
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