Will "drill baby drill" lower gas prices enough to offset the tax burden from the possible new tariffs? Unlikely. We would need a barrel of oil to come down to $53. Current breakeven price for new wells in US oil fields is between $56-70.
https://youtu.be/gmVlhyclQKE?si=66QtuFihnTVh88tm
https://youtu.be/gmVlhyclQKE?si=66QtuFihnTVh88tm
Comments
Great video, no notes. I am going to write my congressman and ask him to introduce legislation that requires a basic economic education to graduate