Anybody know the answer? Is it really better to buy from unregulated Venezuela and have it shipped to the US or is it better to extract our own highly regulated oil?
I'm really trying to understand leftist logic and I'm failing.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Senator Dan Sullivan (R-AK) has suggested that Slo Joe give back Alaska to Russia. Then it will no longer be part of the U.S. and we will be able to buy its oil.
How's that for thinking out of the box. Along the line of Jonathan Swift's "A Modest Proposal..."
If you adjust for inflation, the highest gasoline prices were in the late 1970's and early 80's, about $10 a gallon. If it does reach those levels again, you will have massive stagflation and malaise. Americans will effectively be locked back in their homes because they will no longer be able to afford vacations.
Nostalgia, remember during the pandemic when oil was actually priced at negative numbers? Wish I would have stocked up then.
Thomas Sowell: There are no solutions, just trade-offs.