Originally Posted by James Lacey
Mel,
Come on. It would have already been done, if it were as simple as making a few policy changes.
What policies or regulations would you specifically suggest that Biden pursue to ease gas prices?
Do you think he should, for example, reverse the moratorium on offshore drilling in the waters off both Florida coasts and off the shores of Georgia and South Carolina for 10 years that Trump signed on September 9th 2020? It was widely viewed as a political stunt in an election year anyway. Would that make you happy?
https://apnews.com/article/water-quality-north-carolina-florida-elections-environment-c984829ef78b964cc7d09bf2e0e1ab34
Trump expands ban on new offshore drilling sites in Atlantic
Maybe you think he should pressure OPEC to increase production? Well, Biden has pressured OPEC and other oil-producing companies to increase production. But why have they cut production so drastically? Before Trump left office in April 2022, he brokered a deal with OPEC to cut output by 9.7 million barrels per day for two years - the single most significant output cut in history. Since then, OPEC has been reluctant to increase output except slowly.
https://apnews.com/article/coronavirus-pandemic-joe-biden-business-economy-prices-7d567fede0ad9619a32def9a4b02eb37
OPEC+ keeps cautious oil production despite Biden's pressure
Clearly this problem is far more complex that many seem to be able to comprehend.
"... it would have already been done..."
I might be more impressed with the left's dislike for big oil than you are.