Rampell: Except that all of the things that Trump is promising now in his economic agenda will make inflation worse.
Jennings: Cheaper energy..
Rampell: Oil production is at an all time high. We are producing more oil per day in this country than any country has.
Jennings: Cheaper energy..
Rampell: Oil production is at an all time high. We are producing more oil per day in this country than any country has.
Comments
Oil prices are driven by the market. Fracking is not profitable at a certain price point. Our refining capabilities are set up for heavy crude imported from Canada. We make light crude.
Why does CNN even entertain his nonsense?
Do you think oil companies are going to allow there to be even more oil drilled ultimately with less profit for themselves?
GTFOH and pluck your head out of your asses MAGAts.
Unless Rampell is on, this info is not shared by any cable pundit host
https://ourworldindata.org/data-insights/the-united-states-is-the-worlds-largest-oil-producer
It has nothing to do with truth. Nothing.
I'm going to get kicked off here, but fuck that guy.
I'm tired of seeing his stupid face when Catherine Rampell kicks his ass.
Every.
Time.
It’s meant to sell ads.
There’s an oil glut & prices have not moderated much but let’s ignore that & carry on w/ his thesis. Jerk
Once again, the 4th estate has failed.
Or he lied.
Who voted for the charlatan? (rhetorical)
Turn off CNN!
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M
Her face economically sums it all up 😂 having to listen to that stupid man 😂
That still doesn't excuse having him on though.
Who is going to buy your oil?
Especially with all the tariffs you are promising?
You are already causing the creation of BRICS. WHO will buy your oil?
Irredeemable.
Once you add in a monosomy or an oligopoly.
What you have is hundreds of millions of helpless victims.
Cheaper oil is not good for the US industry and detrimental to energy independence, Russian isolation and well I can see why Trump would push it.
Jennings "I will now open my smug pie hole and make douchey sounds."
Trump is an idiot.
Somebody ask Jennings how that's gonna work...
Those oil companies gonna produce at a loss?
Not I like to
For future reverence
But if you ad 25% TTT it will be more expensive.
But he said he could do it
And people voted for him.
So I hope they expect result.
Oh and wait till he slaps that punitive 25% tariff on the oil we send u...smh