President Joe Biden claims that the high energy prices are the fault of the US oil industry. That is a straight up lie. Don't be fooled by low level attempts to shift blame by getting the crowds angry at easy to sell villains. Think for yourself.
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The FED needs to be held accountable for their inflating the money supply but they wont because they are running the show while the puppet politicians just do what theyre told. ENDTHEFED!!
Weak leadership
I have just lost four of my old freinds as I had invested in oil companies and I recommended them to do the same but they shammed me and rediculed me for investing in dirty companies. I just left the bbq party without saying good bye and now my wife will not even talk to me anymore.
£1.919 per Litre of petrol in uk…and you are crying in US 🤦🏼♂️😁✌️
they want us all poor so we're reliant on the government.
Shutdown keystone xl and now has to go beg Saudi Arabia for oil.Good job Brando boy 😂
rubbish as usual nothing new
Oil subsidies in U.S. total at around $20.5 billion annually… ya these poor oligarchs with their subsidies for the last what … 50+ years around 1 trillion in tax dollars nvm profits… wtf think you're letting this US Democrat vs Republican bs invade your brain.. all sides are greedy sob's no need to pick a winner
The US government under Biden has absolutely showered oil companies with leases and infrastructure. This letter is completely false. This is just like the time oil "clapped back" about leaded gas and almost ended humanity, people keep falling for just outright lies from these clowns.
It's honestly time to just shut the oil industry down. They're addicted to lying, blaming others for their own malfeasance, and we're coming up on the second near-miss human extinction event directly caused by oil and only oil (assuming we survive this one which gets more doubtful by the day). Just wrap it up this industry cannot be rehabilitated.
Biden is and always has been an idiot.
This is business. Yes, it is personal also. We (Big oil) have to be profitable and reward our shareholders. Glad I invested in oil during the last 18 months. Selling it all soon to buy tech stocks that are getting decimated.
So, if [somehow] the oil industry was not making any money while the world continued without pause to consume millions of barrels of their product every day, then they are incompetent and deserve whatever misfortune befalls them. And I have no doubt they are using the war in Ukraine as an excuse to raise prices and increase their profits. They're a business. That's what businesses do.
Second, if we are going to reduce our consumption of oil from this time forward to mitigate the effects of global warming then, yes, to invest in oil refining and transporting infrastructure seems foolish. If, currently, our infrastructure delivers enough oil to all its consumers to keep the machine going, why should we be building more? If we are at all sincere about reducing CO2 emissions (and we'd better be!) then that means that going forward, we can only produce and burn LESS oil. So building more pipelines or refineries would just be dumb.
And yes, in the meantime, this means great pain for the consumer. But instead of bellyaching about it or suggesting we build more infrastructure to produce more supply (which we all know is the wrong thing to do) to bring prices down, we should be bringing pricing down by producing energy in carbon-free ways–nuclear, solar and wind. All of them.
In short, we don't want to bring oil prices down by increasing supply. We must bring oil prices down by reducing demand.
The electrification of the transportation industry is finally (praise Jebus) making some progress in that department–thanks largely to Elon Musk and Tesla. But it's just a start. A very late start.
anyone that believes biden is noy paying attention at all. the dude keeps lying about everything, and isnt even good at hiding it
High gasoline prices are OEMS and consumers fault. Use your brain before complaining. Elon Musk is showing you all the way on how not to rely on fossil fuels.
Ok. Unsubbed. Stupid take.
I'm sorry, but oil company profits have hit record highs, and what the oil companies responded with, you should have invested more in oil 1-2-3-4-5+ years ago to get a piece of this price gouging. Nah, the government should have invested more in renewables rather than arguing about the existent of climate change, our investment was the goddamn war in Iraq. The oil companies didn't even defend themselves about the price gouging!
Bs bs bs bs bs bs , oil companies losing money !!!!
I hope voters look at what's happened since joetato has become the president and his party took over. Not saying GOP is much better, but they can't f it up this bad
The same way Jill stops him from talking to the press she should have stopped him from sending that letter
Completely agree !
Biden is a headless puppet with too much strings pulling behind in all direction, that’s why he is blur, confused and f irrational.
Good one! Biden is kicking the companies he needs help from to survive the recession 🤣 Just don't like the sponsor with because of all they are doing in part to screw Celsius.. But you do have to make 🤑🤑
This is the world’s smallest violin playing an adagio for the economy’s greatest drug dealers
Declare war on oil. Oil prices go up. Who knew?
💩Biden💩
MAGA!
Is there anyone with a pension plan in the western world who doesn’t have some exposure to oil stocks? Oil companies have a huge presence both in the S&P500 in the US and the FTSE 100 in the UK…
Senile papaw joe is way worse than anyone ever imagined! Total disaster!
I'm so happy that you took the gloves off regarding Biden. Too many YouTubers are afraid of hurting peoples' feelings about politics. Ignoring the fact that we have a horrible president won't make our problems go away. Sunshine is the best disinfectant. Keep being totally honest and open about your opinions Tom.