Quote:
Originally Posted by lozen
The USA does not have a carbon tax
My bad
Well there even more trouble then I thought
Regardless , thinking biden is responsible with inflation about oil is actually not really serious .
He already boost up the supply side of oil by what ?
1 million baril of oil per day from the SPR ( strategic petroleum reserve ).
Why in the hell would he do that if he wanted inflation to stop climate changes ….?
By increasing more oil on the market ?
Makes no sense at all .
Let’s fight climate changes by putting more oil on the market ….
it’s a worldwide phenomenon this inflation isn’t about democrats or republicans.
Just the keystone pipeline just provide 800k of oil per day , less then what biden actually supply from the SPR and ….
Where would they refine that extra oil ?
Refineries already at max capacities and they are making a fortune too ….
https://www.reuters.com/markets/comm...ch-2022-06-22/
“Overall, there is enough capacity to refine about 100 million barrels of oil a day, according to the International Energy Agency, but about 20% of that capacity is not useable. Much of that unuseable capacity is in Latin America and other places where there is a lack of investment”
“The refining industry estimates that the world lost a total of 3.3 million barrels of daily refining capacity since the start of 2020. About a third of these losses occurred in the United States, with the rest in Russia, China, and Europe. Fuel demand crashed early in the pandemic when lockdowns and remote work were widespread”
But baham lives in the world that if a problem happen, it must be created by a democrats , the sole reason of all problems Americans can suffer ….
Btw from the article who was US president in 2019 and 2020, a democrat ?
“The United States, China, Russia and Europe are all operating refineries at lower capacity than before the pandemic. U.S. refiners shut nearly one million bpd of capacity since 2019 for various reasons.”
Baham is drowning into conspiracy theory
Maybe The US action vs Russia invasion is about climate changes and create inflation on purpose o0 ???
Last edited by Montrealcorp; 07-09-2022 at 07:45 PM.