Scarcity for Climate Change
With oil prices hitting $97/ barrel and a War in Europe, gasoline prices in parts of Los Angeles (aka Utopia) are above $6.00/gallon. Note that the two pics are the same Chevron station over the past few weeks. I have ZERO sympathy... the folks in California deserve to get what they voted for.
Of course the money will have to come from somewhere so they will borrow it! Honest!
www.forbes.com/sites/daneberhart/2022/02/16/gas-tax-holiday-could-backfire-on-democrats/?sh=c378aca45093
It's Self Inflicted
Earlier this month a Federal District Court issued an injunction to prevent the Administration from using "the social cost of carbon" as a factor for prohibiting oil and gas leases. The Administration is defying the injunction by using the injunction itself as an excuse to pause all leases while the issue is appealed. Yes, we must create even more scarcity and fuel inflation to save us all from Climate Change.
www.msn.com/en-us/news/politics/climate-change-biden-administration-freezes-new-oil-and-gas-drilling-leases-after-court-rules-against-key-tool/ar-AAU7HqZ?ocid=winp-st