I remember it. It was titled “economic miracle”.
What’s interesting is that all of the majors and large service companies were already starting layoffs around then, they could see the production glut that was building and knew the price of oil would crater. That was outside of Covid and then KSA and Russia flooding the market which was another shot to the chin for American oil business.
Well if that is the case, then they must have hated Trump. Gas was so low for 4 years.
Some of our members were willing to help out back then
We never did hit 4.22 per gallon, but it is 3 years later, so there’s still a chance.
Yes indeed. $3 not $4. Americans, not Saudis
Oh and Trump, not Jbiden.
Got a long ways to go before we see Bush era prices like that again.
Do you think canceling the pipeline helped lower gas prices?
XL would have zero effect on the US market.
…and yet…it has.
Lol no it hasn’t
Yeah…I know and yet for years, under the Trump Administration, the price of fuel came down and as soon as Biden cancelled the pipeline, prices went up but…there’s no correlation. None.
All one big coinci(D)ence.
That is correct, there is no correlation between Keystone and domestic oil prices.
Keystone XL was an additional route to transport Canadian dilbit (it’s not oil) to Gulf Coast refineries where it would then be transported back to Canada for export to China. Zero effect on US oil supply or prices. Now you know something about it.
Boy, so many Americans concerned with gas prices in China they’re still complaining about Keystone. True citizens of the world!
…in Libville but out here in reality, the price of gas is going up and Biden cancelled the pipeline…both…factual.