Former President Donald Trump had bragged about his success in opening the region to oil production after decades of political fighting over the resources locked under the tundra there.

  • luckyhunter@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    12
    ·
    1 year ago

    Gas prices don’t bother me personally as long as government isn’t unnecessarily hamstringing the domestic industry. The people who should be most upset about $5 gas are the ones financially struggling to buy it.

    • Viking_Hippie@lemmy.world
      link
      fedilink
      arrow-up
      6
      ·
      1 year ago

      Translation: I don’t give a fuck as long as the rich people who own the industry get richer. People with less money than me should join me in protecting those poor billionaires and hectomillionaires from only becoming 45% richer every year or two.

      Here in reality, the US is the number one oil producer in the world and exports much more than it uses. Prices are not affected by production anywhere near as much as by commodities trading, cartel price fixing and good old fashioned profiteering.